Marketplace Morning Report for Tuesday, December 11, 2012
The Federal Reserve kicks off a meeting today in Washington, and the expectation is that more monetary stimulus is on the way. Future prices for corn and wheat are at a three week low ahead of today's crop report from the Department of Agriculture. The world of commodities is still reeling from the drought that swept across the country this year. And European Union leaders are returning from a trip to Norway where they officially accepted their Nobel Peace Prize yesterday. The European Union, and the euro -- for all its faults -- have been credited with keeping the continent relatively peaceful of late.