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By Allendale Inc. |
June 11, 2013
Rains don't live up to expectations, leaving the market to drift lower on better plantings.
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By Jack Scoville |
June 10, 2013
Cotton was slightly lower in consolidation trading. Trends are mixed as traders look ahead to the USDA monthly updates that will be released Wednesday afternoon.
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By John Caiazzo |
June 10, 2013
On Friday the jobs data provided the "snake oil" for equity investors but was received with mixed feelings going forward. Of course that assessment completely overlooked the Thursday first time unemployment data showing 346,000 jobs lost.
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By Jack Scoville |
June 7, 2013
The mid-crop cocoa harvest is moving to completion, and less than expected production along with smaller beans is reported. Malaysia and Indonesia crops appear to be in good condition and weather is called favorable.
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By Jack Scoville |
June 6, 2013
Sugar closed lower on speculative and mill selling tied to a weaker Brazil currency. Traders noted that the real traded stronger and weaker during the session, and sugar prices moved with the currency moves.
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By Jack Scoville |
June 5, 2013
Coffee was lower on speculative selling. Arabica cash markets seem quiet right now and roasters in the U.S. are showing little interest in buying.
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By Andrew Harris and Alan Bjerga, Bloomberg |
June 4, 2013
Monsanto Co., the world’s largest seed company, was sued by a Kansas farmer who accused it of negligently releasing genetically altered wheat seed in the U.S. and damaging the export market for his crop.
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By Jack Scoville |
June 4, 2013
Orange juice traders are wrestling with more reports of losses from greening disease on the one side and beneficial rains that have hit the state on the other.
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By Phil Flynn |
June 4, 2013
For oil, despite yesterday's tipper taper rally parade the market still has to overcome the fact that supply in the U.S. is overwhelming. Brent crude, though, is a bit more delicate and led the rally higher.
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By Jack Scoville |
June 3, 2013
Cotton was lower again on demand concerns and ideas of good weather for U.S. crops. Speculators were said to be the best sellers and were said to be liquidating long positions.
