Gold futures continue to rise, and there are no technical chart signals that suggest a market top is close at hand. February gold on the Comex division of the New York Mercantile Exchange peaked Wednesday at $1,184.70 an ounce »
The average price paid for one kilogram of cocoa beans at Ivory Coast's farm gates in Nov. 16-22 was 955 CFA francs ($2.19), slightly down from XOF965 in the period Nov. 9-15, according to data from the BCC Coffee and Cocoa Marketing Body Wednesday. »
Crude futures trimmed their losses Wednesday morning, trading roughly flat after key U.S. inventory data showed a smaller increase in crude oil stockpiles than analysts had expected. Light, sweet crude for January delivery recently traded down 2 cents »
CBOT soybean futures are on the defensive, retreating from initial gains on pre-holiday position evening. Supportive demand fundamentals and outside market influences enabled futures to continue the firm overnight theme initially. »
CBOT corn futures are higher in early trade as a weaker dollar gives the market a boost after six straight days of losses. The dollar and other outside markets, such as gold, are key to corn's direction today, analysts say. »
U.S. crude inventories rose by less than analysts expected in the week ended Nov. 20, according to data released Wednesday by the U.S. Department of Energy. Gasoline stocks were higher than expected. »
Egypt's state-owned wheat buyer, the General Authority for Supply Commodities, or GASC, said Wednesday it bought 300,000 metric tons of Russian and French wheat on a free-on-board basis. »
Gold's run to a historic high, with Feb contracts at Comex touching a record $1,184.70 earlier Wednesday, is fueling a 43.5% month-to-month jump in metals volume at the exchange, operated by CME Group Inc. (CME). »
Some chart-based buying was triggered in Comex gold, but the metal is sharply higher mainly in response to the softer U.S. dollar and reports of more possible buying to come from India's central bank, says Frank Lesh, broker and futures »
The dollar was near 15-month lows against its major rivals Wednesday, with the euro piercing $1.50, as renewed expectations that interest rates in the U.S. will remain low for longer than in other large economies exacerbated bets against the greenback. »
Stocks In Millions of Barrels »
Thousands of Barrels a Day Except Where Noted. »
The continuing harvest of a huge corn crop is helping to hoist commercial inventories of U.S. cash grain, leaving elevators, ports, terminals and warehouses surveyed by the U.S. Department of Agriculture filled to 69% of total holding capacity as of Tuesday. That is up from 67% last week. »
The dollar remained near 15-month lows against its major rivals Wednesday morning in New York, after traders took advantage of pre-holiday market conditions to sell off the dollar sharply. "In these thinner markets, you get to these extreme »
Canola contracts on the ICE Futures Canada platform were trading at mainly higher levels at 9:47 a.m. EST with much of the upward price action associated with the strength seen in the outside oilseed markets, industry watchers said. »
