Just in:  

You are here: Home»Markets»Commodities

Markets - Commodities


Corn bids ease after sales, soy basis holds CHICAGO: Corn cash basis bids were steady to lower at US Midwest processors and ethanol plants on Friday after the spike in futures to a five-month high triggered a round of farmer selling, grain merchants said.Bids for the yellow grain also declined along the Illinois River, erasing gains in the basis seen on Thursday.Chicago Board of Trade corn futures jumped to the highest levels since September this week, lifted by investment fund buying. Futures climbed above the target price of $4.50 per bushel in many areas, sparking sales at that level.The corn basis declined by 2 cents per bushel to the lowest level seen so far in 2014 at a closely watched processor in Decatur, Illinois, while bids eased for the third time this week in Blair, Nebraska.There was a steady stream of farmer deliveries in parts of the western Midwest, where snow and heavy winds stalled country movement earlier ...

Soy offers flat on thin spot supply, light demand CHICAGO: Soybean export premiums at the US Gulf Coast held steady on Friday amid tight old-crop stocks and light demand for near-term shipments, traders said.Top soybean importer China is booking mostly South American shipments, which are offered at a large discount to US prices through October.Chinese importers canceled several cargoes of US soybeans last week and US shipments to all destinations fell to the lowest point since October, USDA said.Few US soybeans were offered for ...

Copper steady; mixed China data clouds outlook for demand LONDON: Copper held steady on Friday, with an uncertain outlook for demand keeping prices in a narrow range after mixed messages about China's economic health. Three-month copper on the London Metal Exchange (LME) closed flat at $7,155 a tonne. "A mixed macro picture is keeping metals rangebound," said David Wilson, a commodities analyst at Citi in London. "Concerns about demand in China are making markets nervous, even as the economic picture in the developed world ...

US wheat prices ease but still set for weekly gain LONDON: Wheat futures on the Chicago Board of Trade were slightly lower on Friday in a modest setback following gains earlier in the week as the market kept a close watch to see whether stormy, cold weather could damage US crops. Soybean prices were higher, with the market supported by the potential for damage to South American crops from recent hot, dry weather. Corn also edged up. CBOT March wheat fell 0.2 percent to $6.15 ...

Indonesia Jan palm oil exports fall 23pc on weak India, Pakistan demand JAKARTA: Indonesia's palm oil exports dropped 23 percent in January from the previous month to 1.57 million tonnes due to declining demand in India and Pakistan, said the Indonesian Palm Oil Association on Friday. Exports to India in January reached 261,400 tonnes, down 54 percent from December, after the South Asian country increased its import duties on refined oil to 10 percent from 7.5 percent, the industry group said. Indonesia's exports to Pakistan dropped 42 ...

Copper falls to one-week low on disappointing China data LONDON: Copper slipped to a one-week low on Thursday after data showed a contraction in China's manufacturing sector, which raised doubts about the outlook for demand from the metal's top consumer. Three-month copper on the London Metal Exchange traded at $7,131 in official rings, down 0.7 percent from a close of $7,180 on Wednesday. It earlier fell to a low of $7,113 a tonne. The metal used in power and construction has fallen more than ...

US corn, soybean 2014 planting estimates CHICAGO: The US Department of Agriculture at its annual outlook conference in Washington this week will release projections for plantings of major US crops for 2014.The USDA outlook forum started on Thursday at 8 a.m. EST (1300 GMT). Joseph Glauber, the USDA's chief economist, begins his presentation at about 8:20 a.m. on Thursday. The government will release its complete set of US crop estimates, including ending stocks forecast, at 7 a.m. EST on Friday.Copyright Reuters, ...


Index Closing Chg%
Arrow DJIA 16,528.03 0.69
Arrow Nasdaq 4,776.51 1.07
Arrow S&P 1,927.18 0.84
Arrow FTSE 6,247.94 0.90
Arrow DAX 10,259.46 0.38
Arrow CAC-40 4,652.95 0.47
Arrow Nikkei 18,890.48 1.28
Arrow H.Seng 21,670.58 0.27
Arrow Sensex 26,283.09 0.41

New 2015 adidas and Nike Soccer Cleats at Kicks Corner uk

Banking Review 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyAugust 27, 2015
Reserves $18.509 bln