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News Summary: Corn, oil rise on supply worries

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News Summary: Corn, oil rise on supply worries
Submitted by Fox First at Ten on July 13th

By The Associated Press

SOME DON'T LIKE IT HOT: Corn prices jumped again, hitting their highest level since last August. Traders are worried about hot, dry weather in the Midwest, which is shrinking the crop supply.

NUCLEAR TENSION: The price of oil climbed for the third day in a row, pushed higher by worries that tension over Iran's nuclear program will crimp supply.

METALS RISE: Prices for copper, platinum, palladium, silver and gold all rose.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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