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Archive for July 8th, 2009

OIL FUTURES: Nymex Crude Lower As US Refined Products Grow

Wednesday, July 8th, 2009

Crude futures extended their slump Wednesday after the U.S. government reported stockpiles of gasoline and distillate fuels each rose a fourth straight week. »

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ICE Canola Weaker On Bearish Technicals

Wednesday, July 8th, 2009

ICE Canada canola futures traded to both sides of unchanged in overnight activity, but were mostly lower by 9:42 EDT Wednesday morning as the market lacked much incentive to move higher. »

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OPEC Slashes Oil Invest Forecasts As Demand Prospects Weaken

Wednesday, July 8th, 2009

The Organization of Petroleum Exporting Countries on Wednesday gave a fresh warning that its members' appetite for drilling for oil is fizzling. »

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INTERVIEW: India Tata Coffee 2009-10 Output Likely Up 36%

Wednesday, July 8th, 2009

India's largest integrated coffee grower, Tata Coffee Ltd. (532301.BY), expects its coffee output to rise by 36% this fiscal year to about 15,000 metric tons, »

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US Wheat Outlook: Seen Up Early; Could Trade Both Sides

Wednesday, July 8th, 2009

U.S. wheat futures are called to open slightly higher Wednesday after rising overnight, although the markets could struggle to hold gains amid a lack of supportive news, traders said. »

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South Africa 2008-09 Wheat Yield Revised To 2.109M Tons-I-Net

Wednesday, July 8th, 2009

South Africa delivered 3,000 metric tons of wheat to commercial structures last week, up from 1,000 tons the previous week, the South African Grain »

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Technical Analysis: US Corn, Wheat Futures

Wednesday, July 8th, 2009

December corn on Tuesday closed lower, near the session low, and hit another fresh contract low. The key "outside markets" were bearish for corn futures »

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US Cash Grain Outlook: Soybean Basis Still Falling

Wednesday, July 8th, 2009

US cash grain markets were quiet Wednesday, following a broad downdraft in futures and basis which returned farm gate prices to 9-week lows for soybeans, »

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CBOT Soy Outlook: Seen Mixed; Conflicting Mkt Influences

Wednesday, July 8th, 2009

Soybean futures on the Chicago Board of Trade are poised for a mixed start to Wednesday's day session, searching for direction amid conflicting market influences. »

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Brazil Soy Export Premiums And Discounts – Jul 7

Wednesday, July 8th, 2009

Premiums and discounts for soybeans at Paranagua port, Brazil, against Chicago Board of Trade quotes. Figures calculated from free on board prices negotiated for actual »

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USDA Says 180,000 Tons Of Soybeans Sold To China In 2009-10

Wednesday, July 8th, 2009

The U.S. Department of Agriculture on Wednesday announced private export sales of 180,000 metric tons of soybeans for delivery to China in the 2009-10 »

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Technical Analysis: US Soy Complex Futures

Wednesday, July 8th, 2009

November soybeans on Tuesday closed sharply lower, near the session low, and hit a fresh 2.5-month low. Serious near-term chart damage occurred Tuesday to suggest that a major market top is in place. »

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MARKET TALK: CBOT Grains Bounce Overnight, Soybean Mixed

Wednesday, July 8th, 2009

CBOT grain and soybean futures gained some ground overnight, bouncing back from Tuesday's sell-offs, though the soybean market was mixed in overnight trade. »

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European Veg Oil AM Palm & Lauric Oil Prices – Jul 8

Wednesday, July 8th, 2009

Lowest known offers at 1330 local time in U.S. dollars a metric ton, bulk, with changes on the day unless otherwise stated as quoted by European traders: »

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European Veg Oil AM Soft Oil Prices – Jul 8

Wednesday, July 8th, 2009

Lowest known offers at 1330 local time in U.S. dollars a metric ton, bulk, with changes on the day unless otherwise stated as quoted by European traders: »

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MARKET TALK: India Soybean Futures Slip 4% On Weak Palm, Rains

Wednesday, July 8th, 2009

India July NCDEX soybean futures hit 4% lower limit to provisionally close at INR2,270/100kg on weak palm oil and rains; BMD palm oil futures settle 3.2% lower. »

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Rotterdam Soybean Prices – Jul 8

Wednesday, July 8th, 2009

Lowest known offers at 1315 local time in U.S. dollars a metric ton, CIF Rotterdam as quoted by European traders. »

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OIL FUTURES: Crude Lower; Eyes Economy, US Inventory Data

Wednesday, July 8th, 2009

Crude oil futures fell in London Wednesday as economic gloom weighed on sentiment and prompted selling. "Equity markets have been falling back and »

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Asian Crude Palm Oil Ends Down On Weak Equities, Crude Oil

Wednesday, July 8th, 2009

Crude palm oil futures on Malaysia's derivatives exchange ended sharply lower Wednesday, led by falls in regional equities and crude oil due to concerns about prospects »

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OPEC Cuts 5-Yrs Oil Invest Forecasts After Demand Downgrade

Wednesday, July 8th, 2009

OPEC Wednesday gave a fresh warning that its members' appetite for drilling for oil is fizzling out, as it slashed its five-year oil spending forecast by about a third as the recession »

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