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Archive for July 28th, 2009

ICE Cocoa Review: Rises, But Slips On Fund Selling At Highs

Tuesday, July 28th, 2009

Speculative profit-taking left ICE Futures U.S. cocoa with modest gains Tuesday after a test of 11-month highs. »

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MARKET TALK: CBOT Soy Futures Rally On Spec Short-Covering

Tuesday, July 28th, 2009

CBOT soy futures are higher, rallying from previous declines on speculative short covering. Analysts say end-of-the-month positioning, »

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ICE Canola Firms On Gains In US Soy, Technical Support

Tuesday, July 28th, 2009

Grain and oilseed futures at the ICE Canada futures market at 12:20 p.m. EDT Tuesday are mixed with canola higher on »

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MARKET TALK: ICE Cocoa Ends Up, But Profit Taking Pares Gains

Tuesday, July 28th, 2009

ICE cocoa futures posted gains but eased from a test of 11-month highs as broad profit-taking in commodities trimmed »

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MARKET TALK: Constrained Country Movement Fuels Grain Futures

Tuesday, July 28th, 2009

Analysts said cash grain markets were having a direct bearing on futures trends Tuesday, driving corn and soybean contracts »

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Farmer Selling Could Limit CBOT Corn Rebound

Tuesday, July 28th, 2009

While traders eye a potential rebound from recent lows in Chicago Board of Trade corn, analysts say farmer selling could limit »

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European Veg Oil PM Palm & Lauric Oil Prices – Jul 28

Tuesday, July 28th, 2009

Lowest known offers at 1745 local time in U.S. dollars a metric ton, bulk, with changes on the day unless otherwise stated »

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European Veg Oil PM Soft Oil Prices – Jul 28

Tuesday, July 28th, 2009

Lowest known offers at 1745 local time in U.S. dollars a metric ton, bulk, with changes on the day unless otherwise »

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Sucden Widens 2009-10 World Sugar Deficit To 4M Tons

Tuesday, July 28th, 2009

The 2009-10 world sugar deficit is forecast at 4 million metric tons, up from the April forecast of 2 million tons, brokerage Sucden »

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MARKET TALK: ICE Coffee Dips As USD Firms; Market Overbought

Tuesday, July 28th, 2009

ICE arabica coffee futures are trading off of intraday lows as the firm U.S. dollar adds pressure and the market is mildly overbought, »

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MARKET TALK: EU Wheat Hits New ‘09 Low On Lack Of Fresh News

Tuesday, July 28th, 2009

European wheat futures hit a new low Tuesday on a lack of news, says Spain-based broker. "Normally the market is coming »

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MARKET TALK: U.S. Wheat Mostly Lower; Outside Mkt Pressure

Tuesday, July 28th, 2009

U.S. wheat futures are mostly lower in early trade as outside markets weigh. A stronger dollar and weaker crude oil have »

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MARKET TALK: CBOT Soy Futures Bounce On Technical Buying

Tuesday, July 28th, 2009

CBOT soy futures are higher across the board, bouncing back from recent declines on technically-inspired buying. »

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Technical Trader Special: ICE Cocoa Testing New High

Tuesday, July 28th, 2009

ICE Sept cocoa futures are bumping up against major resistance at a new 2009 price high on Tuesday. Monday saw the market »

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MARKET TALK: World 2009-’10 Cocoa Crop Pegged Higher – BarCap

Tuesday, July 28th, 2009

World 2009-10 cocoa output is pegged at 3.7 million tones, up from estimates for 3.5 million tons in 2008-09, »

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MARKET TALK: Ghana’s 2009-10 Cocoa Output To Rise – BarCap

Tuesday, July 28th, 2009

Ghana's 2009-10 cocoa harvest could total 750,000 tons, up from an estimated 700,000 tons in 2008-09, Barclays Capital »

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MARKET TALK: Indonesia 2009-10 Cocoa Crop Seen Lower – BarCap

Tuesday, July 28th, 2009

The effects of El Nino are likely to cut Indonesia's 2009-10 cocoa production to 450,000 tons from an estimated 470,000-ton »

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Technical Trader Special: ICE Sugar Falters From New High

Tuesday, July 28th, 2009

ICE Futures Oct sugar futures are weaker in early Tuesday action, as the bulls retreat from Monday's new rally-high resistance. »

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MARKET TALK: ICE Sugar Fall On Weather, Profit Taking

Tuesday, July 28th, 2009

ICE Oct sugar futures fell to a three-session low, pressured by profit-taking after trading near 3 1/2-year highs and on »

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MARKET TALK: Ivory Coast ‘09-’10 Cocoa Crop Pegged Up -BarCap

Tuesday, July 28th, 2009

Ivory Coast 2009-10 cocoa production is seen 5.6% higher on the year at 1.32 million metric tons, Barclays Capital says »

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