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By Jack Scoville |
April 24, 2013
Coffee prices in general have been weak as traders anticipate another big crop out of Brazil starting the summer, and bears note that improved rains should help increase Vietnamese production potential this year.
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By Jack Scoville |
April 23, 2013
Orange juice closed lower on signs of improving weather. Some speculators are rolling positions or liquidating positions as First Notice Day is coming with the start of May as well.
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By Jack Scoville |
April 22, 2013
Cotton was mostly a little higher. Planting and growing conditions remain in a state of flux. Rains are moving through the Delta and Southeast this week to slow planting progress.
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By Alex Kowalski, Bloomberg |
April 19, 2013
Payrolls decreased in 26 U.S. states in March, showing the recent labor-market slowdown is being felt across the country. Jobless rates also dropped in 26 states last month.
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By Jack Scoville |
April 19, 2013
Cocoa closed mixed, with New York generally a little higher and London generally a little lower. The European grind data was less than last year and hurt the price action yesterday.
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By Jeanna Smialek, Bloomberg |
April 18, 2013
The index of U.S. leading indicators unexpectedly declined in March for the first time in seven months, a sign the world’s largest economy will cool.
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By Jack Scoville |
April 18, 2013
Sugar closed lower in range trading. Traders are keeping an eye on developments in Brazil. Talk that rain in production areas last week was hurting harvest progress was bullish, but the weather there is drier this week.
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By Alex Wayne and Drew Armstrong |
April 17, 2013
A U.S. senator’s review of a possible leak of market-moving info has stalled over a gray area of law and regulation.
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By Press Release |
April 17, 2013
Federal court finds that InovaTrade orchestrated a scheme that induced more than 400 customers to deposit more than $10.6 million over a three year period.
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By Jeff Kearns and Steve Matthews, Bloomberg |
April 17, 2013
The Federal Reserve said the U.S. economic expansion remained “moderate” amid gains in manufacturing, housing and autos that offset weakness in defense-related industries in some regions.