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By Jack Scoville |
April 30, 2013
Orange juice closed higher on stronger demand reports and despite forecasts for beneficial rains in Florida this week. The monthly Neilsen report released yesterday morning showed better demand for FCOJ.
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By Jeff Wilson and Whitney McFerron, Bloomberg |
April 29, 2013
Corn jumped the most in 10 months, gaining the maximum allowed by the Chicago Board of Trade, as rain and frigid weather slowed the pace of planting in the U.S., the world’s top exporter.
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By Marc Nemenoff |
April 29, 2013
June Bonds are currently 4 higher at 149’00 and the 10-year Notes 3 higher at 133’17.0. Positive results for an Italian 10-year auction putting rates at a recent low of 3.5% have added a bit of upward pressure on Treasury prices.
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By Jack Scoville |
April 29, 2013
Cotton was slightly higher to finish the week. Rains are moving through the Delta and Southeast this week to slow planting progress, and farmers were reported to be actively planting in the north Texas region.
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By Jack Scoville |
April 24, 2013
Coffee prices in general have been weak as traders anticipate another big crop out of Brazil starting the summer, and bears note that improved rains should help increase Vietnamese production potential this year.
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By Jack Scoville |
April 23, 2013
Orange juice closed lower on signs of improving weather. Some speculators are rolling positions or liquidating positions as First Notice Day is coming with the start of May as well.
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By Anthony Lazzara |
April 22, 2013
All major grain markets are down this morning. It seems as though reports of favorable weather conditions in growing regions are pushing these markets down.
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By Jack Scoville |
April 22, 2013
Cotton was mostly a little higher. Planting and growing conditions remain in a state of flux. Rains are moving through the Delta and Southeast this week to slow planting progress.
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By Sholom Sanik |
April 19, 2013
The April USDA crop report presented a bearish picture for the global wheat market, reaffirming the steep slide in prices we’ve seen over the past six months. With the 2012-13 marketing year drawing to a close, analysts were expecting a featureless report.
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By Jack Scoville |
April 19, 2013
Cocoa closed mixed, with New York generally a little higher and London generally a little lower. The European grind data was less than last year and hurt the price action yesterday.
