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Archive for December 3rd, 2009

2nd UPDATE: Commodity Fever Cools For A Correction

Thursday, December 3rd, 2009

Gold fever cooled Thursday as the metal price dropped from its record high overnight and industrial commodities eased lower as market »

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Posted in Commodities, Metal | Comments Off

OPEC Sailings Seen +130,000 B/D In 4 Weeks To Dec 19-Tracker

Thursday, December 3rd, 2009

Oil shipments from Organization of Petroleum Exporting Countries, excluding Angola and Ecuador, are expected to rise »

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MARKET TALK: CBOT Corn Stabilizes After Early Slide

Thursday, December 3rd, 2009

CBOT corn futures are mixed and near unchanged as outside markets are stabilizing, at trader says. »

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NYSE Liffe Cocoa Rises To Hit A Fresh Near 25-Year High

Thursday, December 3rd, 2009

NYSE Liffe cocoa futures hit a fresh near 25-year high Thursday over supply concerns, said European brokers. »

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ICCO Narrows World 2008-2009 Cocoa Deficit To 28,000 Tons

Thursday, December 3rd, 2009

The world's 2008-09 cocoa deficit forecast has narrowed to 28,000 metric tons from the August forecast of 73,000 tons, the International Cocoa »

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MARKET TALK: CBOT Soybeans Bounce, But Other Markets Limit

Thursday, December 3rd, 2009

CBOT soybean futures are clinging to modest gains in early day session trade. The market has managed to bounce from Wednesday's slide, but »

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Goldman Raises 12-Month Gold Forecast By 41% To $1,350/Oz

Thursday, December 3rd, 2009

Goldman Sachs (GS) Thursday revised its 12-month gold forecast up 41% to $1,350 a troy ounce and said the low interest rate environment in the U.S. »

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MARKET TALK: ICE Sugar Higher; Holds Above Key 23-Cent Level

Thursday, December 3rd, 2009

ICE world raw sugar futures are higher as the market continues to hold above key 23-cent level. March is up 32 points at 23.36 cents per »

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Canadian Canola, Wheat Estimates Exceed Expectations

Thursday, December 3rd, 2009

Most market participants had expected Statistics Canada to raise crop estimates Thursday, but the canola and all-wheat were even higher than »

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Posted in Canola, wheat | Comments Off

Russia Sugar Output From Imported Raws To Dec 1 -31.9% On Year

Thursday, December 3rd, 2009

Russia produced in Jan. 1-Dec. 1 1.753 million metric tons of refined sugar from imported raws, a fall »

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US Export Sales: Net Sales For Soyoil -Dec 3

Thursday, December 3rd, 2009

For the week ended Nov 26 in metric tons. Based on Oct-Sep marketing year. New sales are gross sales for the week, net sales are the result of destination changes and foreign »

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Posted in Report Export | Comments Off

Export Sales: Net Sales For Soybeans -Dec 3

Thursday, December 3rd, 2009

For the week ended Nov 26 in metric tons. Based on Sep-Aug marketing year. New sales are gross sales for the week, net sales are the result of destination changes and foreign »

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Posted in Report Export | Comments Off

Technical Trader Special: ICE Cocoa Bulls Inch Back Near Contract High

Thursday, December 3rd, 2009

ICE March cocoa bulls have slowly but steadily propelled the contract back near the recent record high at $3,439 scored on Oct. 23. »

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GRAIN HIGHLIGHTS: Top Stories Of The Day

Thursday, December 3rd, 2009

China will stop payments to corn and soybean processors currently eligible for government subsidies if prices of the commodities rise above certain »

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US Drought Monitor: Levels Remain Nearly Unchanged

Thursday, December 3rd, 2009

-A federal Drought Monitor released Thursday by the U.S. Department of Agriculture, National Weather Service and National Drought Mitigation »

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ICE Canola Lower On Large Crop; China Talk Offsets

Thursday, December 3rd, 2009

Grain and oilseed futures at the ICE Canada Futures market are lower at 9:35 a.m. EST with canola pressured down by the larger-than-expected »

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OIL FUTURES: Crude Flat; Trims Gains As Dollar Strengthens

Thursday, December 3rd, 2009

Crude futures are flat Thursday, trimming earlier gains as the dollar strengthened on comments by European Central Bank President Jean Claude »

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Commodity Fever Moderates Amid Calls For A Correction

Thursday, December 3rd, 2009

Gold fever cooled Thursday as the metal price dropped from its record high overnight, and industrial commodities »

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US Wheat Outlook: Seen Up On Overnight, But Egypt Snubs US

Thursday, December 3rd, 2009

U.S. wheat futures are expected to start stronger Thursday after rising overnight, although fundamentals remain weak and Egypt booked wheat from other origins. »

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Brazil Ethanol Co Sao Martinho, Amyris Form Joint Venture

Thursday, December 3rd, 2009

Brazilian sugar and ethanol group Sao Martinho SA (SMTO3.BR) and U.S. company Amyris Biotechnologies formed a joint venture Thursday »

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