–UN nuclear official says Iran talks at an impasse –Iran supreme leader vows to continue nuclear power program –Market pricing in potential for conflict, analysts say (Adds API data.) NEW YORK (Dow Jones)–U.S. and European benchmark oil prices rose to fresh nine-month highs Wednesday amid rising tensions over what the West says is Iran’s efforts [...]
Futures News
OIL FUTURES: Crude Benchmarks Settle At 9-Month Highs On Iran – Wall Street Journal
February 22nd, 2012
Grains, Soy May Open Lower on Beneficial Weather, Easing Demand – Bloomberg
February 22nd, 2012
What follows are opening calls for U.S. grain and oilseed markets. – Wheat futures may open 2 cents to 4 cents a bushel lower on the Chicago Board of Trade, the Kansas City Board of Trade and the Minneapolis Grain Exchange on speculation that rising global supplies will damp demand for U.S. exports, Don Roose, [...]
US gold, copper retreat after rallies, dollar rises – Reuters
February 22nd, 2012
Live Trading News US gold, copper retreat after rallies, dollar risesReutersFeb 22 – – US gold and copper futures fell Wednesday as a dollar rise prompted investors to take profits after the previous session's rallies driven by Greece's bailout deal. FUNDAMENTALS * US gold futures prices retreated from an earlier …Gold futures dip as USD [...]
Corn and wheat prices fall on profit-taking
February 22nd, 2012
Doane Agricultural Services | Updated: February 21, 2012 Corn futures traded strongly lower on Tuesday. Profit-taking weighed on the market ahead of the USDA annual outlook forum later this week. USDA is expected to increase its acreage estimate for corn this year, which would raise its production estimate to a record level. The market failed [...]
NY sugar ends at 3-mth high, cocoa and coffee jump – Reuters
February 22nd, 2012
Tue Feb 21, 2012 2:16pm EST Feb 21 – - Raw sugar futures on ICE soared to close at a three-month high on Tuesday on heavy short-covering plus on support from the broadbased buying throughout the commodity complex as the macro sentiment turned positive. U.S. cocoa futures closed at a three-week high after breaking above [...]
EU wheat futures turn lower, stronger euro weighs – Reuters
February 22nd, 2012
Tue Feb 21, 2012 12:51pm EST (Adds Italy, Benelux, updates prices) AMSTERDAM, Feb 21 – - European wheat futures eased on Tuesday in thin volumes on lower Chicago Board of Trade futures and a stronger euro which makes euro-priced products less competitive at outside markets. * U.S. corn and wheat futures fell more than 2 [...]
CORRECT: OIL FUTURES: Crude Vaults To 9-Month High On Greece, Iran – Wall Street Journal
February 22nd, 2012
(“OIL FUTURES: Crude Vaults To 9-Month High On Greece, Iran,” published at 4:25 p.m. EST, misstated the day of the week in the first paragraph. The correct version follows:) –Crude futures surge to nine-month high on Greece, Iran –Greece gets EUR130 billion rescue, boosting sentiment –Iran cuts oil exports to U.K., France NEW YORK (Dow [...]
Corn and wheat futures trade lower on Tuesday
February 22nd, 2012
Doane Agricultural Services | Updated: February 21, 2012 Corn futures are trading solidly lower at midsession. Profit-taking is weighing on the market ahead of the USDA annual outlook forum later this week. USDA is expected to increase its acreage estimate for corn this year, which would raise production to record levels. The market has failed [...]
Gold futures marginally up on global cues – Economic Times
February 22nd, 2012
Gold futures marginally up on global cuesEconomic TimesNEW DELHI: Gold futures prices today rose by Rs 44 to Rs 28202 per 10 grams, as speculators enlarged their positions largely in tune with a firming trend overseas amid ongoing marriage season demand. At the Multi Commodity Exchange, gold for delivery …Gold futures up on firm global [...]
VEGOILS-Market factors to watch Feb 22
February 22nd, 2012
KUALA LUMPUR, Feb 22 – - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday. FUNDAMENTALS * Malaysian crude palm oil futures ended up on Tuesday after touching an eight-month high the previous day, supported by a Greek bailout deal and stronger demand prospects indicated by [...]
OIL FUTURES: Crude Vaults To 9-Month High On Greece, Iran – Wall Street Journal
February 21st, 2012
–Crude futures surge to nine-month high on Greece, Iran –Greece gets EUR130 billion rescue, boosting sentiment –Iran cuts oil exports to U.K., France (Adds Brent settlement in fourth paragraph, clarifies price gains in second paragraph.) NEW YORK (Dow Jones)–Oil futures climbed more than 2% to finish at their highest level in nine months Thursday, lifted [...]
Corn and wheat futures trade lower on Tuesday – CattleNetwork.com
February 21st, 2012
Doane Agricultural Services | Updated: February 21, 2012 Corn futures are trading solidly lower at midsession. Profit-taking is weighing on the market ahead of the USDA annual outlook forum later this week. USDA is expected to increase its acreage estimate for corn this year, which would raise production to record levels. The market has failed [...]