Analyst Palm Oil
Latest Commodities News, Latest palm oil news, Malaysian palm oil Report Export
Wednesday, November 11th, 2009
U.S. wheat futures are higher on follow-through buying and spillover support from other markets, traders say. Wheat is feeling some technical strength after recent gains, they say. Fundamentals for wheat are not »
Tags: wheat
Posted in wheat | Comments Off
Wednesday, November 11th, 2009
CBOT corn futures are higher in early trade as the market tests the $4 area. A weaker dollar is supportive, as the market continues to show strength despite questionable fundamentals. "We've got these huge crops coming »
Tags: Corn
Posted in Corn | Comments Off
Wednesday, November 11th, 2009
The total volume of cocoa arrivals from Bahia and other Brazilian states dipped to 37,719 60-kilogram bags in the week ended Nov. 8 from 43,528 bags the prior week, the Commercial Association of Bahia said this week. »
Tags: Cocoa
Posted in Cocoa | Comments Off
Wednesday, November 11th, 2009
Brazilian green coffee exports for Nov. 1-10 are at 260,610 60-kilogram bags, according to preliminary figures from the Brazilian Green Coffee Exporters Council, or Cecafe.
Brazilian arabica and conillon coffee exports (all volumes for 60-kilogram bags): »
Tags: coffee
Posted in coffee | Comments Off
Wednesday, November 11th, 2009
CME Group Inc. (CME) on Wednesday said it wanted to launch a new storage rate system for the Chicago Board of Trade wheat contract sooner than previously proposed.
The exchange proposed that a variable storage rate take effect for CBOT wheat »
Tags: wheat
Posted in wheat | Comments Off
Wednesday, November 11th, 2009
Sugar futures have more than recovered the prior day's sell-off on ICE Futures U.S. "This is technical buying off of support," says Jimmy Tintle, analyst at Transworld Futures. There has not been a major change in the »
Tags: Sugar
Posted in Sugar | Comments Off
Wednesday, November 11th, 2009
Commercial inventories of cash corn are increasing rapidly, as combines continue to chew through millions of acres of standing stalks.
Elevators, ports, terminals and warehouses surveyed by the USDA saw the amount of corn »
Tags: Corn, Grain, Soybean, wheat
Posted in Grain | Comments Off
Wednesday, November 11th, 2009
Dry near-term harvest conditions, increasing rain chances during the next seven days, continued favorable trends for winter wheat, generally favorable trends in Brazil, scattered rain chances in Argentina, a mixed impact from showers in South Africa »
Tags: Commodities, Grain, Weather
Posted in Commodities, Weather | Comments Off
Wednesday, November 11th, 2009
The dollar remained near 15-month lows against a basket of major currencies in morning trading Wednesday, as positive Asian economic data continued to boost optimism into the North American session for a global economic recovery. »
Tags: Currency, forex
Posted in forex | Comments Off
Wednesday, November 11th, 2009
Crude futures rose Wednesday as a weaker dollar encouraged buyers spooked by rising U.S. oil inventories to return to the market.
Light, sweet crude for December delivery recently traded 79 cents, or 1%, higher at $79.84 a barrel on the New York »
Tags: Crude Oil
Posted in Crude Oil | Comments Off
Wednesday, November 11th, 2009
Chicago Board of Trade soybean futures are poised for a higher start to Wednesday's day session, buoyed by a supportive overnight theme and outside financial market influences.
CBOT soybean futures are seen starting 6 to 8 cents higher. »
Tags: Soybean, Soymeal
Posted in Soybean | Comments Off
Wednesday, November 11th, 2009
Follow-through buying and spillover support are expected to lift U.S. wheat futures at the start of Wednesday's day session, despite large world supplies.
Chicago Board of Trade December wheat is called to open 5 cents to 7 cents per bushel »
Tags: wheat
Posted in wheat | Comments Off
Wednesday, November 11th, 2009
Chicago Board of Trade corn futures are expected to open slightly higher Wednesday on follow-through technical buying and a weaker dollar, analysts said.
Corn is called 2 to 3 cents higher. In overnight trade, December corn was up 2 1/2 »
Tags: Corn
Posted in Corn | Comments Off
Wednesday, November 11th, 2009
January soybeans on Tuesday closed weaker and near mid-range. Prices were pressured by a bearish USDA crop-production report.
The key "outside markets" were also bearish for beans Tuesday, as the U.S. dollar index was firmer, while crude oil and the U.S. »
Tags: Soybean, Soymeal, Soyoil
Posted in Soybean | Comments Off
Wednesday, November 11th, 2009
The dollar sagged to a 15-month low against a basket of major currencies overnight Wednesday, and remained near that level in early New York trading, as positive Asian economic data sparked renewed optimism for a global economic recovery. »
Tags: Currency, forex
Posted in forex | Comments Off
Wednesday, November 11th, 2009
CBOT grain and soybean futures bounced in overnight electronic trading. Weakness in the U.S. dollar, strength in crude oil, metals and equity futures provided a spark to lift futures across the board, analysts said. »
Tags: Corn, Grain, Soybean, wheat
Posted in Market Talk soybean | Comments Off
Wednesday, November 11th, 2009
European wheat futures trade higher, remaining stuck within tight range. "Physical trade has been dire, both domestically and on the export market," says Openfield. Adds, "The market is still trading anything but the »
Tags: wheat
Posted in wheat | Comments Off
Wednesday, November 11th, 2009
Kazakhstan is likely to export in the 2009-2010 marketing
year 10 million metric tons of grain and not 9 million tons as was forecast
earlier, the agriculture ministry said Tuesday. »
Tags: Corn, Grain, Soybean, wheat
Posted in Grain | Comments Off
Wednesday, November 11th, 2009
ICE Dec cocoa futures are mixed Wednesday morning in two-sided, choppy action as the market consolidates recent losses. With Tuesday's decline to one-month lows, the cocoa market became oversold and »
Tags: Cocoa
Posted in Cocoa | Comments Off
Wednesday, November 11th, 2009
ICE arabica coffee futures are firm Wednesday morning as the market bounces on technical buying after diving to 1 1/2-week lows Tuesday. Higher commodity prices, led by gains in crude oil and precious metals, are driving »
Tags: coffee
Posted in coffee | Comments Off
