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By Frank Holmes |
June 19, 2013
So why is an oil and materials manager getting his boots dirty in Sierra Leone? The cocoa plantation is only one example of a company producing a commodity that we believe will be sought by the world’s growing middle class population.
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By Jack Scoville |
June 19, 2013
Coffee was mostly a little higher in quiet trading. Interest has left the market in many ways, as many feel prices are too low to sell short again, but there are few who see any reasons to buy for the longer term.
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By Jack Scoville |
June 18, 2013
Orange juice closed a little lower in consolidation trading. Futures have been working generally lower since the USDA crop reports last week as showers have been seen and conditions are said to have improved in almost the entire state.
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By Jack Scoville |
June 17, 2013
Cotton was mixed, with a lot of spreading and position liquidation noted as July deliveries start today. But, the USDA reports from last week kept the buyers interested on setbacks.
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By Alan Bjerga, Bloomberg |
June 17, 2013
Tucked deep in the 1,198-page U.S. House agriculture policy legislation is an initiative to guarantee prices for sushi rice. So too is insurance for alfalfa and a marketing plan for Christmas trees.
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By Jack Scoville |
June 14, 2013
Cocoa closed lower on what appeared to be a lot of speculative long liquidation. There was not a lot of news for the market, and price action reflected this.
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By Jack Scoville |
June 13, 2013
Cotton was higher in reaction to the USDA supply and demand estimates that showed more demand and less ending stocks. It also cut production estimates due to poor weather in the South.
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By Jeff Wilson and Tony C. Dreibus, Bloomberg |
June 12, 2013
Corn futures tumbled the most in five weeks, leading declines in wheat and soybeans, after the U.S. said inventories will be bigger than analysts’ forecast as global production rebounds from a drought last year.
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By Luzi Ann Javier and Michelle Yun, Bloomberg |
June 12, 2013
On a sunny March afternoon, 11 Chinese executives armed with digital cameras and iPads got out of a van on Brazil’s highway BR-163 to photograph soybean-loaded trucks headed to export terminals in the south.
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By Jack Scoville |
June 12, 2013
Coffee was lower in New York on speculative selling tied to weakness in the Brazilian real, and weakness continued in London due to ideas of big supplies from producers, mostly from Vietnam.