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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 Silla Brush and Matthew Leising |
October 3, 2012
The CFTC, facing an Oct. 12 start date for a slate of derivatives rules, is being bombarded with requests to ease or delay the Dodd-Frank Act measures.
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By Swansy Afonso |
September 20, 2012
Soybean-meal exports from India may advance 5 percent next year as the oilseed harvest is poised to climb to a record for a second year.
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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 Tony C. Dreibus and Elizabeth Campbell, Bloomberg |
August 9, 2012
Stockpiles of the biggest crops will decline for a third year as drought parches fields across three continents, raising food-import costs already forecast by the United Nations to reach a near-record $1.24 trillion.
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By Nicholas Larkin and Whitney McFerron, Bloomberg |
August 2, 2012
Corn and soybean traders are bullish for a 15th consecutive week on speculation that the drought spreading across fields in the U.S. will result in more production cuts.
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By Rita Nazareth, Bloomberg |
July 31, 2012
U.S. stocks fell, trimming a second monthly advance in the Standard & Poor’s 500 Index, as investors awaited the Federal Reserve’s decision on interest rates.
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By Joshua Zumbrun and Mark Drajem, Bloomberg |
July 16, 2012
A worst-in-a-generation drought from Indiana to Arkansas to California is damaging crops and rural economies and threatening to drive food prices to record levels.
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By Jeff Wilson, Bloomberg |
July 11, 2012
The U.S. cut its corn-harvest estimate 12 percent and said inventories next year will be smaller than forecast in June as the worst Midwest drought since 1988 erodes prospects for a record crop.
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By Jeff Wilson, Bloomberg |
June 27, 2012
U.S. corn supplies are declining at the fastest pace since 1996 as a Midwest heat wave damages the world’s largest harvest for a third consecutive year.