Wheat may decline for the first time in four days as the winter-wheat crop condition in the U.S. improved, reducing risks of yield losses in the world’s largest shipper. Corn was little changed.
Crude oil rose for a fifth day on speculation demand will increase as the world economy recovers from recession.
Oil rose in New York as speculation U.S. fuel demand will increase prompted investors to buy contracts after prices fell to the lowest in four months.
Oil rose for a third day as signs of an improving U.S. economy and progress on a bailout for Greece bolstered the outlook for fuel demand.
"There was some loss-cut trading that came into the market."
- Tetsu Emori on Jan 13, 2015