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By Jeff Wilson, Bloomberg |
April 9, 2013
The record collapse in U.S. corn exports and shrinking domestic demand are leaving more grain in silos, spurring a bear market just eight months after drought drove prices to an all-time high.
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By Supunnabul Suwannakij and Chanyaporn Chanjaroen, Bloomberg |
April 1, 2013
Corn futures headed for a bear market, falling to the lowest price since July, on signs of ample supplies in the U.S., the world’s top grower and exporter. Wheat reached a nine-month low, and soybeans tumbled.
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By Elizabeth Campbell, Bloomberg |
February 14, 2013
The worst U.S. drought since the 1930s is shrinking a cattle herd that’s already the smallest since 1952 and signaling tighter beef supplies and higher costs for restaurant owners.
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By Isis Almeida, Bloomberg |
February 12, 2013
Brazilian ethanol prices trading above raw sugar futures for the first time in almost two years are spurring speculation that millers will favor making the biofuel over the sweetener in the season starting in April.
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By Shruti Date Singh, Bloomberg |
January 17, 2013
Cargill Inc., the largest U.S. beef processor, will idle a Texas processing plant after the size of the cattle herd fell to a 60-year low and years of drought increased feed costs. Cattle futures dropped.
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By Silla Brush |
December 17, 2012
Derivatives brokers will be required to keep audio records of commodities transactions under CFTC rules completed in a private vote today.
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By Jeff Wilson and Tony C. Dreibus, Bloomberg |
September 11, 2012
The smallest U.S. soybean harvest in nine years will leave inventories in the world’s largest exporting nation at the lowest in four decades.
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By Allison Bennett and Inyoung Hwang, Bloomberg |
September 5, 2012
The euro and Spanish 10-year debt advanced on the European Central Bank’s plan to buy bonds, while most U.S. stocks fell as FedEx Corp. cut its profit forecast and reports showed economies were slowing more than anticipated.
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By Alan Bjerga, Bloomberg |
August 10, 2012
The grass in Melvin Korte’s 280 acres of pasture in northern Missouri is dead, burnt away in the worst drought in the Corn Belt in more than a half-century. Now he’s doing all he can to keep his herd of 63 cattle alive.
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By Silla Brush, Bloomberg |
July 24, 2012
Interest-rate and credit-default swaps must be guaranteed by clearinghouses starting this fall under a proposal approved by the CFTC.
