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By Gary Kamen |
May 21, 2013
Sugar prices are in a free fall now at prices we have not seen since July 2010. A major reason for last week’s drop was that it was reported the output nearly tripled in April at the main growing area of Brazil.
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By Gary Kamen |
May 14, 2013
Last week’s WASDE showed live cattle as short-term bearish, but longer-term bullish. And what do you know, look what “big money” is now doing in Live Cattle.
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By Gary Kamen |
May 6, 2013
Last week the S&P 500 was all about jobs, jobs and jobs. On Wednesday ADP released their numbers for April at 119,000, below expectations and dropping the S&P 15 points.
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By Gary Kamen |
April 30, 2013
Last year corn plantings were some of the earliest. The U.S. had one of its best corn planting season on record last year. This year we are seeing the opposite with cold rainy temperatures.
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By Gary Kamen |
April 22, 2013
Last week May 2013 Silver opened at $25.940 and closed the week at $22.960. On Tuesday, April 16 silver had a bounce off of the low of $22.000.
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By Gary Kamen |
April 15, 2013
Goldman Sachs came out dropping their forecast for gold prices and pushing their message to sell. We have not seen gold prices where they are today since March-April 2011.
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By Gary Kamen |
April 9, 2013
Many are saying the yen dropped down too fast, but what exactly was the response the BOJ was looking for? How many of you recall a month or so ago the G7 saying countries need to stop using monetary policy to manipulate their currency?
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By Gary Kamen |
April 1, 2013
This past Thursday’s USDA plantings and grain stocks reports did a number on grains. The reports showed domestic corn supplies (old crop) higher than expected, and corn plantings this year if recognized will be the highest since 1936.
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By Gary Kamen |
March 25, 2013
Last week April Lean Hogs opened at $79.625 and closed the week at $79.400. For the month of February this contract opened at $89.350 and closed the month at $81.000.
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By Gary Kamen |
March 19, 2013
Production of natural gas in December 2012 dropped 1.1%. Many energy companies shut off wells to raise natural gas prices.