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By Joe Richter, Bloomberg |
May 20, 2013
Hedge-fund managers are making the biggest ever bet against gold as billionaire George Soros sold holdings last quarter and Goldman Sachs Group Inc. predicted more declines after the longest slump in four years.
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By Elisabeth Behrmann and Phoebe Sedgman |
April 26, 2013
Archer-Daniels-Midland Co., the world’s largest corn processor, won agreement to acquire GrainCorp Ltd. for $2.3 billion after raising its offer with a special dividend for shareholders of the Australian crop handler.
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By Tony C. Dreibus, Bloomberg |
March 28, 2013
Corn plunged the most since May, sparking a slump in soybeans and wheat, after the government said U.S. inventories were bigger than analysts forecast and that farmers will plant the most since 1936.
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By Brian K. Sullivan, Bloomberg |
March 21, 2013
Drought may persist from California to Texas while improving slightly in the Great Plains as temperatures soar above normal across most of the U.S. from April through June, the Climate Prediction Center said.
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By Whitney McFerron and Luzi Ann Javier, Bloomberg |
March 11, 2013
Corn rose for a third session in Chicago as a government report showed U.S. inventories will remain at a 17-year low on increasing use of the grain in livestock feed. Soybeans and wheat advanced.
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By Tony C. Dreibus, Bloomberg |
February 25, 2013
Hedge funds cut bets on a rally in gold by the most since 2007 and became the most bearish ever on sugar and coffee as concern that the Federal Reserve will slow U.S. stimulus programs drove prices for raw materials to the biggest loss this year.
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By Shruti Date Singh, Bloomberg |
February 13, 2013
Deere & Co., the largest agricultural equipment maker, raised its full-year profit forecast and posted quarterly earnings that topped analysts’ estimates after record prices for corn and soybeans boosted farmers’ incomes.
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By Elizabeth Campbell, Bloomberg |
January 28, 2013
Cattle futures surged the most in six months on signs of shrinking animal supplies in the U.S. and higher demand for beef as Japan eased restrictions for imports.
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By Anthony Lazzara |
November 30, 2012
U.S. export sales of corn in the week ended Nov. 22 tumbled 69% to 263,140 metric tons from a week earlier, the Department of Agriculture said today.
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By Phoebe Sedgman and Whitney McFerron, Bloomberg |
November 26, 2012
Soybeans rose in Chicago, extending the biggest weekly gain in three months, on concern dryness in Brazil and rain in Argentina will threaten supply as demand strengthens in leading global consumer China.