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Tuesday, December 22nd, 2009
Angola has cut its oil output although it may not be complying with its Organization of Petroleum Exporting Countries quota as much as expected, the country's oil minister said Tuesday at the end of an OPEC meeting in Luanda. »
Tags: Crude Oil
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Tuesday, December 22nd, 2009
The Organization of the Petroleum Exporting Countries or OPEC Tuesday held its 155th extraordinary meeting of the conference in Luanda, Angola, under the chairmanship of its president, Jose Maria Botelho de Vasconcelos, minister of »
Tags: Crude Oil
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Tuesday, December 22nd, 2009
The dollar pushed back higher against the euro late Tuesday morning, as better-than-expected home sales figures trumped a downward revision to U.S. growth, boosting the greenback. »
Tags: Currency, forex
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Tuesday, December 22nd, 2009
A powerful winter storm that continues to take aim at the Midwest, snow and heavy winds for the Southern Plains, increasing showers in Brazil, favorable growing conditions in Argentina, drier and hotter conditions in South Africa and »
Tags: Commodities, Weather
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Tuesday, December 22nd, 2009
Crude palm oil futures on Malaysia's derivatives exchange fell for the second day Tuesday on continued profit taking triggered by weakness in Chinese commodities and a stronger dollar.
The benchmark March contract on the Bursa Malaysia »
Tags: CPO, Crude Palm Oil
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Tuesday, December 22nd, 2009
Estimates for the week ended Thursday, December 17, in million bushels. The U.S. Department of Agriculture report is scheduled for release at 11 a.m. EST (1600 GMT) Tuesday. Actuals are subject to revision by the USDA. Source: Chicago Board of Trade traders. »
Tags: Corn, Grain, Soybean, wheat
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Tuesday, December 22nd, 2009
Traders are expecting a mixed open for U.S. wheat futures following quiet overnight trade and a lack of fundamental news.
In overnight trade, March CBOT wheat was down 1 1/4 cents to $5.18 1/4 per bushel »
Tags: wheat
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Tuesday, December 22nd, 2009
Canola contracts on the ICE Futures Canada platform were trading at mostly lower levels at 9:34 EST. Weakness in canola was linked to the strength of the Canadian dollar against other foreign currencies and to a build-up of supply in the »
Tags: Canola
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Tuesday, December 22nd, 2009
Cash grain markets continue to see subdued trade, as futures markets look set for a mixed open and as the Christmas holiday nears.
Producers in the western Midwest are preparing for another major winter storm. A few »
Tags: Corn, Grain, Soybean, wheat
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Tuesday, December 22nd, 2009
ICE arabica coffee futures are trading modestly lower and nearer the session low in morning dealings Tuesday. March coffee is down 125 points at $1.4435.
The coffee market is consolidating in pre-holiday trading, »
Tags: coffee
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Tuesday, December 22nd, 2009
ICE cocoa futures have dropped below unchanged levels and hit a fresh three-week low in morning trading Tuesday. March cocoa is down $9 a metric ton at $3,242. »
Tags: Cocoa
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Tuesday, December 22nd, 2009
The dollar declined against the euro Tuesday after a worse-than-expected measure of U.S. economic growth cut into the perception the U.S. was emerging from recession at a quicker pace than its competitors. »
Tags: Currency, forex
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Tuesday, December 22nd, 2009
The dollar retained its strength against the euro and racked up gains against the yen early Tuesday, as brightened prospects for a U.S. economic rebound kept investors focused on interest rates.
»
Tags: Currency, forex
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Tuesday, December 22nd, 2009
Brazilian green coffee exports for Dec. 1-21 are at 1,262,104 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
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Tuesday, December 22nd, 2009
Crude futures fell slightly Tuesday as OPEC held production steady despite rising concerns about global oil inventory levels.
Light, sweet crude for February delivery recently traded 21 cents, or 0.3%, lower at »
Tags: Crude Oil
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Tuesday, December 22nd, 2009
Soybean futures at the Chicago Board of Trade are expected to start Tuesday's day session modestly higher, attempting to consolidate recent losses.
CBOT soybean futures are seen starting 2 to 3 cents higher. In overnight trade, January »
Tags: Soybean, Soymeal, Soyoil
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