wheat prices
Source: thinkstock.comEarlier this year, the International Energy Administration (IEA) and Bank of America both said that the United States has become the world’s largest oil producer, passing...
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Source: ThinkstockCommodity prices for corn, wheat and soybeans have tumbled in the past three months and could fall even further as plenty of rain and warm — but not too warm — temperatures have...
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After sliding as much as 1% on Monday, equity futures are pointing to a comeback on Tuesday following the news that Russian President Vladimir Putin has ordered troops in western Russia to return...
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Source: ThinkstockThe agricultural commodities markets face a double-edged sword as the federal government shutdown drags on. Traders are moving to the sidelines as the flow of data regarding market...
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Source: ThinkstockDrought conditions in the U.S. have improved somewhat from last year, but much of the Midwest, from the Dakotas to Texas, continues to suffer from moderate to exceptional drought....
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Source: thinkstockA previous forecast price for corn of $9 a bushel was lowered by $0.75 following last week’s U.S. Department of Agriculture’s (USDA) most recept World Agricultural Supply and...
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The past seven days have seen drought conditions intensify in the states of Nebraska, Kansas, Missouri, Oklahoma, and Arkansas, according to today’s report from the US Drought Monitor:Pretty much...
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The US Department of Agriculture released its weekly drought monitor today, noting that rainfall in some parts of the US last week did almost nothing to alleviate the hardest-hit areas:[O]nly a few...
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Analysts at Goldman Sachs Group Inc. (NYSE: GS) have reversed a forecast from just two weeks ago suggesting that corn, wheat and soybean prices would be higher due to reduced harvests this fall....
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For the past couple of weeks the price of corn has risen above the price of wheat, a market condition that has occurred just twice before in the last 27 years. The reversal typically rights itself as...
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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...
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The CME Group Inc. (NYSE: CME) has announced changes to its margin requirements for a number of commodities. The changes, some increases and some decreases, cover a variety of oil-related contracts,...
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Corn prices have fallen by its limit of $0.30/bushel today, at about $7.52/bushel, and other ag commodities are also trading down. Wheat is off more than $0.25/bushel, to around $7.17. This on the...
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