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By Whitney McFerron, Bloomberg |
April 23, 2013
Goldman Sachs Group Inc. cut its “near-term” outlook for commodities and reduced forecasts for oil and coffee amid prospects for weak demand from China to Europe. The bank also exited a position on lower gold prices.
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By Whitney McFerron, Bloomberg |
October 12, 2012
Soybeans fell in Chicago, extending a fourth weekly slide, after a U.S. government report showed improving prospects for global supplies. Corn and wheat dropped.
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By Whitney McFerron, Bloomberg |
August 1, 2012
Wheat fell in Paris and Chicago on speculation that global supplies of the grain will be enough to offset a plunge in the U.S. corn harvest as Midwest crops suffer from the worst drought in a half century. Corn also declined.
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By Whitney McFerron, Bloomberg |
March 14, 2012
Soybean futures rose to a six-month high on signs of increasing demand from China, while U.S. production of the oilseed may not expand as farmers opt to plant more corn and wheat. Corn prices fell.
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By Whitney McFerron, Bloomberg |
March 12, 2012
Hedge funds reduced bets on higher commodity prices for the first time in seven weeks after China cut its growth target.
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By Whitney McFerron, Bloomberg |
March 9, 2012
Global wheat inventories will be 1.7 percent less than forecast a month ago and smaller than expected on increasing use of the grain in livestock feed.
