It’s raining in Chicago today, and traders at the CBOT are behaving like it’s raining everywhere that corn is growing.From a high of well over $6.50/bushel on Wednesday, corn prices ... Read Full Story »
Analysts at Dutch-based Rabobank have predicted that US corn prices could rise another 25% by the end of the year on lower yields due to hot, dry weather. That would ... Read Full Story »
Ag biotech company Origin Agritech Ltd. (NASDAQ: SEED) is seeing its shares shoot up this morning following a report from boutique investment firm Moness Crespi Hardt that the company’s genetically ... Read Full Story »
Since the beginning of September, copper and corn prices have fallen dramatically, with copper off nearly -35% from its 12 month high and corn off about -25%. Because both are ... Read Full Story »
Yesterday's announcement by the International Energy Agency that member nations, including the US, would release 60 million barrels of crude sliced 5% off the price of a barrel of WTI ... Read Full Story »
This morning's announcement by the International Energy Agency that it would release 60 million barrels of crude from member nations' stocks has dealt a crushing blow to commodity prices. Only ... Read Full Story »
About 94% of the US corn crop is now in the ground, and that fact, along with other news, has put some recent pressure on corn prices and on stock ... Read Full Story »
Today's commodities watch looks at a government-ordered suspension of mining concessions in Peru and the continuing worries over grain prices as US corn planting remains behind schedule and Russia gets ... Read Full Story »
Today's commodities report takes a look at the recovery in silver, another comeback for coffee, and some concerns about agricultural exchange-traded products. The price of silver is up about 4.5% ... Read Full Story »
Today's commodities markets are being driven by a new report from Goldman Sachs Group Inc. (NYSE: GS) essentially reversing its 'sell' report of scarcely six weeks ago. Copper prices remain ... Read Full Story »
Today's commodities news starts off with a drawdown on copper from bonded warehouses in Shanghai. There are also new doubts about the US corn crop, and we finish up with ... Read Full Story »
Vale SA (NYSE: VALE), one of the world's leading producers of iron ore posted record profit in the first quarter of $6.8 billion. Even discounting a one-time gain on the ... Read Full Story »
Today's commodities news starts off with new highs for aluminum, and still falling silver prices, low numbers on corn plantings, and lowering of the outlook for cotton. As prices for ... Read Full Story »
Today's commodities news starts off with bursting warehouses full of zinc, an unexpected rise in cocoa futures, and an equally unexpected fall in corn and wheat prices. The stockpile of ... Read Full Story »
Today's commodities news highlights an SEC filing for a new agricultural ETF, a proposed pipeline that would send crude oil to the US Gulf coast, and a $500 million shelf ... Read Full Story »