THE ISAAC EFFECT: Prices for wheat, corn and soybeans rose.
That was partly from Hurricane Isaac. Its rain might be welcome after a
drought, but it's unlikely to have much effect on crops that have been
suffering all summer. It will also cut into harvesting time in the Southeast.
THE ISAAC EFFECT, PART 2: Oil prices fell, despite Isaac's
forcing some Gulf Coast rigs to temporarily shut down. Investors seemed more
swayed by a government report that inventories of crude oil rose last week for
the first time in a month.
NOT-HEAVY METALS: Major metals all fell slightly. Precious
metals like gold and silver were down, and so were industrial metals like
copper and palladium.
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