Commodities Watch: Corn-Wheat Imbalance Continues (DBA, MOO)
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…
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…
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, gold,…
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…
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 prices for…
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 set to…
Today’s commodities news leads off with a quick look at how fertilizer stocks are doing. There’s also some bad news out of Europe on malting barley, which could be equally bad news…
Today’s commodities news leads off with a new report on mergers and acquisitions in the metals sector, including a failed try at selling a copper miner. There’s also a new report on…
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% at mid-day,…
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 near $4/pound,…
The Mosaic Co. (NYSE: MOS) is finally about to be free from its shackles. We are just about to get past the long-awaited spin-off of this whopping 100 million shares that have…
Today’s commodities news is not quite a repeat of yesterday’s because oil is staying essentially flat and yesterday’s commodities sell-off is not being repeated. Wheat prices, however are continuing to fall, as…
Rising prices for food commodities should continue throughout 2011, and the agribusiness sector is set to take advantage of it. The number of US acres planted in corn this year will be…
As we begin the week, prices for many commodities are rising, while only gold and oil are falling. Corn prices continue to climb and cocoa futures are up again as well. First,…
Time for our daily look at the world of commodity prices and key developments. This Friday brings gold and silver, corn prices on the rise, and even a positive read on aluminum. …
Time for our daily look at the world of commodity prices and key developments. Corn futures continue their seemingly inexorable march toward $8/bushel as wet and windy weather in the US Midwest…