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By Lorraine Woellert, Bloomberg |
May 17, 2013
Americans’ confidence in the economy climbed in May to the highest level in almost six years as rising real estate values and record stock prices boosted household wealth.
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By Jack Scoville |
May 17, 2013
The flow of cocoa from western Africa is down for seasonal considerations, and traders wonder about the quality and size of the mid crop after some hot and dry weather during the growing season.
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By Press Release |
May 16, 2013
CFTC claimed defendants solicited 2,000 customers then misappropriated at least $9.6 million of pool funds for personal use.
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By Jack Scoville |
May 16, 2013
Sugar closed lower and made new lows for the move on reports of big production in April from Brazil, which crushed 41 million tons of sugarcane and produced 1.69 million tons of Sugar. Both amounts are almost triple those of a year ago.
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By Jack Scoville |
May 15, 2013
Coffee was slightly lower in low volume trading. Brazil weather has improved, and some areas of Sao Paulo could see a shower by the end of the week, which would be beneficial.
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By Jack Scoville |
May 14, 2013
Orange juice closed higher in reaction to unchanged production estimates from USDA and ideas that more production cuts are coming due to the greening disease.
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By Jack Scoville |
May 13, 2013
Futures were lower as traders concentrated on world supply and demand estimates that showed ample supplies instead of the projected tight U.S. market conditions.
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By Jack Scoville |
May 9, 2013
Futures closed lower in light volume trading. Traders are still talking about big production in Brazil and around the world. Traders remain bearish on supplies, especially from Brazil, and this has hurt New York prices.
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By Debarati Roy and Whitney McFerron, Bloomberg |
May 8, 2013
Gold futures posted the biggest gain in almost two weeks as demand for bars and jewelry increased in India and China, the world’s largest consumers of the metal.
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By Christopher Palmeri, Bloomberg |
May 8, 2013
Walt Disney Co., the world’s largest entertainment company, said fiscal second-quarter profit rose 32%, beating analysts’ estimates as guests splurged at theme parks in California and Florida.
