Wheat dropped to a sixteen-month low this week.It was believed to be because of the fear that a weak economy is causing a reduction in demand.Cocoa,sugar and coffee also declined.
Stocks had a very poor Thanksgiving week on thin trading,and the S&P futures fell 6.50 Friday evening,portending an unenthusiastic Monday morning.Next week will be dominated by Friday's employment report,along with the deficit-driven headlines of the day.
NBA fans are cheering the announcement that the professional basketball season will tentatively begin with a triple-header on Christmas Day after the bitter labor squabble that threatened to cancel the entire season.Many hospitality workers were laid off because of the games already canceled,but their prospects are looking decidedly better this weekend.
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