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Archive for December 11th, 2009

Comex Gold Falls To Lowest Level In Nearly A Month

Friday, December 11th, 2009

Gold futures hit their lowest level in nearly a month Friday as the dollar rose sharply after stronger-than-forecast U.S. economic data. Around 11:36 a.m. EST (1636 GMT), lightly »

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UPDATE: Ensus Biofuel Plant Start-up Due Within Weeks

Friday, December 11th, 2009

Ensus' U.K. wheat-based biofuel plant is weeks away from starting ethanol production, Chief Executive Officer Alwyn Hughes said Friday. "We have wheat in our »

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South Africa Grains: Corn Follows Chicago Higher – I-Net

Friday, December 11th, 2009

South African corn futures were higher across the near-dated contracts Friday on the back of an improvement in the U.S. market. »

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MARKET TALK: Soybeans Grind Lower, Retrace Initial Gains

Friday, December 11th, 2009

CBOT soybean futures grind lower, retreating from initial advances. The market's early gains were met with selling pressure, with the turn around in the U.S. dollar and subsequent drop in »

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MARKET TALK: CBOT Corn Pulls Back As US Dollar Rises

Friday, December 11th, 2009

CBOT corn futures are weaker amid pressure from the firm U.S. dollar and weakness in outside markets, traders say. A strong dollar is often seen as »

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GRAIN HIGHLIGHTS: Top Stories Of The Day

Friday, December 11th, 2009

The European Union granted export licenses for 318,000 metric tons of soft wheat for the week ended Dec. 8, EU data showed Friday. »

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Rotterdam Vegetable Oil Stocks -Dec 7

Friday, December 11th, 2009

Rotterdam vegetable oil stocks in metric tons. »

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India Edible Oil Prices Down On Weaker Markets, Demand

Friday, December 11th, 2009

Indian edible oil prices declined during the week ended Friday due to weakness in overseas oilseed markets and low demand for soybean in domestic markets. »

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WORLD FOREX: Dollar At One-Month High Vs Rivals On Good Data

Friday, December 11th, 2009

The dollar rallied to its strongest levels in a month against many of its widely traded rivals Friday, as better-than-expected U.S. economic data sparked expectations that key »

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USDA Says 232,000 Tons Of Soybeans Sold To China In 09-10

Friday, December 11th, 2009

Private exporters reported export sales of 232,000 metric tons of soybeans for delivery to China during the 2009/2010 marketing year, the US Department of Agriculture said Friday. »

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OIL FUTURES: Nymex Crude Hits 2-Month Low On Stronger Dollar

Friday, December 11th, 2009

Crude oil futures sank to a two-month low Friday as the dollar strengthened following new evidence that the U.S. economy is improving. Light, sweet crude for January delivery recently »

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PRECIOUS METALS: Spot Gold Trades Lower As Dollar Strengthens

Friday, December 11th, 2009

Spot gold paired gains made earlier Friday and traded lower as the dollar strengthened following a rise in U.S. retail sales for November. Bullish data from China sparked better »

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Coceral Sees EU 2009 Soft Wheat Crop At 130.8M Tons

Friday, December 11th, 2009

European Union 2009 soft wheat production is estimated at 130.8 million metric tons, in line with September forecasts, Comite du Commerce des Cereales, or Coceral, said Friday. »

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WORLD FOREX: Dollar Extends Gains As Consumer Sentiment Rises

Friday, December 11th, 2009

The dollar rose to its strongest levels in a month against a broad basket of currencies Friday morning, as better-than-expected U.S. consumer data sparked expectations that U.S. rates could rise sooner than expected. »

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US Cash Grain Outlook: Most Prices, Temperatues Still Down

Friday, December 11th, 2009

Domestic cash grain prices have generally suffered this week, falling 15-23 cents per bushel in the case of wheat and soybeans, despite gains of nearly 5 cents in average elevator bids for corn. »

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Commodities Market Impact Weather: Midwest Digging Out From Snow

Friday, December 11th, 2009

Quiet conditions in the Midwest, rain in the Southeast, rain in Brazil, and light rain in Argentina are weather items for the attention of Friday's commodity market. »

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Tanzania Coffee Prices Up On Good Demand, ICE Lead -Official

Friday, December 11th, 2009

Prices at Tanzania's weekly Moshi coffee exchange auction shot up Thursday compared with the previous auction due to high demand and higher prices at the »

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US Wheat Outlook: Seen Up 3-5 Cents On Technical Buying

Friday, December 11th, 2009

U.S. wheat futures are poised to open higher Friday on technical buying after gains overnight, although fundamentals remain weak, traders said. »

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European Veg Oil AM Palm & Lauric Oil Prices – Dec 11

Friday, December 11th, 2009

Lowest known offers at 1330 local time in U.S. dollars a metric ton, bulk, with changes on the day unless otherwise stated as quoted by European traders: »

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