Agrimoney (Nov. 4, 2011) | Maybe it was because grains outperformed in the last session. But on Friday, agricultural commodities failed to show the headway enjoyed by some other risk assets.
Shares, for instance, soared on Asian exchanges, as they got the first change to react to Greece’s decision not to hold a referendum on its bailout. Seoul, Sydney and Tokyo stockmarkets all rose 3% or so.
And, within the commodities sector, copper and oil managed to add a few more gains to those of the last session, as of 08:10 GMT.
But agricultural commodities proved less capable of adding to their firm performance of the last session.