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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 Jack Scoville |
April 17, 2013
Coffee was higher as outside markets held better. London was higher and shows signs of completing a bottom. Spreads have been firm, implying the market has demand and less offer.
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By Simon Kennedy and Steve Matthews |
April 16, 2013
The slump in gold may hand activist central bankers more reasons to pursue continued easy monetary policy.
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By Jack Scoville |
April 16, 2013
Cotton was lower in response to disappointing economic data from China. USDA showed slow planting progress in its reports today as weather remains a big issue.
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By Phil Flynn |
April 16, 2013
Oil seems to be trying to find its bottom near $86.00 but it is far from solid. We should see a lot of volatility, but we should try to hold near $86.00 as a bottom.
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By Jack Scoville |
April 15, 2013
Orange juice closed a little higher as some delayed buying related to the USDA production data appeared. USDA dropped production estimates by another 1.0 million boxes in its reports as expected by the trade.
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By Carlos Torres and Catarina Saraiva, Bloomberg |
April 11, 2013
Bearish forecasts for the U.S. economy are giving way to more optimistic views of the nation’s ability to weather federal spending cuts and tax increases.
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By Jack Scoville |
April 11, 2013
Coffee was a little higher on news that the Brazil government will look to raise the minimum price paid to farmers by 30% in an effort to raise prices.
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By Lorraine Woellert, Craig Torres and Cheyenne Hopkins, Bloomberg |
April 10, 2013
Banks including Citigroup Inc. and Goldman Sachs Group Inc., along with congressional staff members and trade groups, received potentially market-moving Federal Reserve information 19 hours before the public.
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By James Paton, Laurie Hays and Soraya Permatasari, Bloomberg |
April 10, 2013
BHP Billiton Ltd., the biggest mining company, said the shale boom in the U.S. will spur an industrial revival and transform the world’s largest economy.
