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By Sholom Sanik |
October 25, 2012
The October USDA crop report for cotton was a bear’s fantasy. The forecast for global 2012-13 output was revised up by 2.3 million bales, while consumption was lowered by 680,000 bales from the September estimate.
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By Sholom Sanik |
October 15, 2012
The October USDA crop report for corn did not contain any extraordinary revisions from September data, although the market’s reaction seemed to indicate otherwise.
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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 Jeff Wilson, Bloomberg |
October 11, 2012
Corn futures jumped the most in two weeks after a government report showed global inventories will drop more than expected as the worst U.S. drought in more than 50 years cuts output by the most since 1996.
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By Allendale Inc. |
October 2, 2012
Bulls can certainly say that corn staying neutral through most of the day looks strong when all other grains are actively sold.
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By Anthony Lazzara |
September 28, 2012
The U.S. Department of Agriculture grain stocks report, released earlier today, estimated wheat stocks at 2.10 billion bushels, down 2% from a year ago.
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By Anthony Lazzara |
September 17, 2012
Corn was easily the bull story of the year as droughts devastated crop productions and forecasts, and investors were buying up many grains products.
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By Maria Kolesnikova, Jeff Wilson and Luzi Ann Javier |
September 14, 2012
Corn bulls are retreating after the U.S. government said that the worst drought since 1956 will damage the crop less than analysts had expected and on speculation that near-record prices will curb demand.
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By Jeff Wilson and Alan Bjerga, Bloomberg |
September 12, 2012
Corn production in the U.S., the world’s largest grower and exporter, will drop 13 percent to a six-year low after the worst drought in more than 50 years damaged Midwest fields, the government said.
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By Nicholas Larkin and Whitney McFerron, Bloomberg |
August 31, 2012
Corn and soybean traders extended their longest bullish outlook in at least 11 months on speculation rain in the U.S. will come too late to revive crops after the worst drought in a half century.