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Tuesday, November 17th, 2009
March soft red winter wheat futures at the Chicago Board of Trade on Monday notched a fresh three-week high of $5.85 1/2 a bushel. Prices are presently in a six-week-old uptrend on the daily bar chart, from the early-October low. »
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Tuesday, November 17th, 2009
ICE March sugar futures are lower Tuesday, following four days of gains. While the market remains trapped within a larger intermediate term sideways range, there are technical signals the short-term trend may be improving.
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Tags: Sugar
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Tuesday, November 17th, 2009
ICE arabica coffee futures continue to trade in a muted sideways pattern with traders noting the Mar contract's need for consolidation after a recent pop up. Mar is trading 125 points lower at $1.3820 a pound.
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Tags: coffee
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Tuesday, November 17th, 2009
ICE cocoa futures are following the downside pressure of other commodities as the U.S. dollar rises.
Mar cocoa is down $25 at $3,131 metric ton while Dec is near unchanged at $3,090 down $2.
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Tags: Cocoa
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Tuesday, November 17th, 2009
ICE March sugar futures are hovering at modestly weaker levels, as the market consolidates in an "inside" day Tuesday.
No fresh fundamental news has emerged to drive prices significantly higher or lower, which »
Tags: Sugar
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Tuesday, November 17th, 2009
CBOT soybean futures are mixed, rebounding from initial losses after the downside moves failed to attract follow through selling, analysts say.
The market found buying on the early break, with strong underlying demand, »
Tags: Soybean
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Tuesday, November 17th, 2009
The average price paid for a kilogram of cocoa beans at Ivory Coast's farm gates in Nov. 9-15 was 965 CFA francs ($2.19), up from CFA895 in Oct. 19-25, the last official figures available, figures from the coffee and »
Tags: Cocoa
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Tuesday, November 17th, 2009
High temperatures Monday were below freezing in most areas from the lower Yangtze River Valley northward to Inner Mongolia. Extreme low temperatures slipped below zero degrees Fahrenheit in much of Heilongjiang and Jilin while »
Tags: Weather
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Tuesday, November 17th, 2009
AUSTRALIA: Weather patterns will slowly evolve back to normal for Australia. The past week of heat wave conditions is beginning to shift east. However extremely warm to hot weather occurred from New South Wales into Queensland and »
Tags: Weather
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Tuesday, November 17th, 2009
Temperatures will be seasonable over the next week to ten days. Daily highs in the 80s and lower to a few middle 90s will occur most often with the warmest areas being in the north where rainfall is most restrictive. »
Tags: Weather
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Tuesday, November 17th, 2009
Canola contracts on the ICE Futures Canada platform were trading at mainly higher price levels at 9:46 a.m. EST. Some of the upward price action seen in canola was linked to sentiment that values were due for an upward »
Tags: Canola
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Tuesday, November 17th, 2009
A two-way Midwest harvest scenario, continued cool and damp prospects for next week, wet conditions in portions of the Southern Plains wheat areas, planting delays due to heavy rain in southern Brazil, improving moisture for Argentina, »
Tags: Commodities, Weather
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Tuesday, November 17th, 2009
Rain continues to delay the corn harvest in parts of the U.S. Midwest, though its impact on soybeans has lessened as farmers wrap up the bean harvest.
Basis bids for U.S. corn remained mostly steady to weak, while soybean »
Tags: Corn, Grain, Soybean, wheat
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Tuesday, November 17th, 2009
The dollar remained higher against key rivals Tuesday morning as economic optimism ebbs and investors retreat from riskier assets and currencies.
"Risk aversion seems to have upticked ever so slightly," said George Davis, chief »
Tags: Currency, forex
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Tuesday, November 17th, 2009
Ukraine's grain planted area for the 2010 harvest will
total 15.9 million hectares, the same as the area planted for this year's
harvest, the Agriculture Ministry announced Tuesday.
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Tags: Corn, Grain, Soybean, wheat
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