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NY juice ends at fresh 3-month low on late spec sales  NEW YORK: Orange juice futures closed Friday at a fresh three-month low on late sales by small speculators, and the market could see further losses in the weeks ahead given the lack of bullish leads for citrus contracts, dealers said. The key May frozen concentrated orange juice slipped 0.20 cent to finish at $1.662 per lb, the lowest settlement for the spot contract since December 22, 2011, according to Thomson Reuters Data. On the week, the juice market fell 11.07 percent. It was the biggest percentage loss for juice since mid-November, the Thomson Reuters data showed. Volume traded on Friday hit just under 900 lots, some two thirds below the 30-day norm, ICE Futures US data showed. Country Hedging Inc analyst Sterling Smith said juice futures were consolidating around its current level. Traders said most participants were keeping an eye on growing conditions in the major producing state ofFlorida. The frost season is over and the ...

Argentina sees 2011/12 corn crop at 21.2mn tonnes BUENOS AIRES: Argentina expects this season's corn crop to total 21.2 million tonnes versus its previous official estimate of 20.5 million to 22.0 million tonnes, the Agriculture Ministry said on Thursday. The ministry, in its monthly crop report, also changed its 2011/12 soy harvest forecast to 44 million tonnes from a previous range of 43.5 million to 45.0 million tonnes. The South American country is the world's second-biggest corn exporter after the United States and the third-biggest ...
US soy rebounds on acreage worries, Chinese demand CHICAGO: US soybean prices rebounded Wednesday after a two-day sell-off, underpinned by short-covering, talk of Chinese demand and worries that US farmers might not plant enough soybeans this spring to meet global demand. Wheat futures posted modest gains, consolidating after declines earlier this week, while corn was choppy. At the Chicago Board of Trade as of 10:42 a.m. CDT (1542 GMT), front-month May soybeans were up 4-1/2 cents at $13.49-1/2 per bushel. The November contract, which ...
CBOT corn bullish trend faces technical reversal        CHICAGO: US corn futures reversed course from four-month highs on Monday, triggering a 2.3 percent technical skid Tuesday and dampening market sentiment ahead of an important government report next week, chart analysts said. Respected commodities investor Dennis Gartman told Reuters he sold "a very large position" in Chicago Board of Trade corn futures on Monday when the reversal occurred. "If I am to be bullish, technicals and fundamentals must be moving in the same direction," said Gartman, ...
Soy, corn fall on long liquidation, good US weather  CHICAGO: US soybean futures extended losses on Tuesday and were on track for their biggest daily decline in seven weeks as funds liquidated long positions amid bearish chart signals and favorable US crop weather. Corn and wheat also fell. All three markets posted downside reversals on Monday, with the front contracts closing lower after setting higher highs and lower lows than the previous session. Soybeans were retreating after hitting a six-month high on Monday. The recent gains ...
US gold steadies, copper edges up on better sentiment           NEW YORK: US gold futures steadied on Thursday after recent sharp losses, while copper edged up as the dollar weakness and better global economic sentiment helped stabilize the industrial metals market. FUNDAMENTALS US gold futures steadied after the producer prices and weekly jobless claims data. Analysts said a strong dollar and fading expectations of more monetary easing in the United States made the yellow metal vulnerable to more selling. US copper futures edged up, recovering after a ...
Ghana sharply raises cocoa output forecast        ACCRA: Ghana cocoa regulator Cocobod raised its main crop output forecast to 870,000 tonnes from 770,000 tonnes and now expects the full season to be "in the same region" as last year's record 1 million tonne harvest, an official said on Tuesday. The sharp upward revision is due to improved rainfall in the world's No. 2 cocoa grower, Cocobod Deputy Chief Executive in Charge of Agronomy and Quality Control Yaw Adu-Ampomah told Reuters on the sidelines ...

 



 
Index Closing Chg%
Arrow DJIA 17,804.80 0.15
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ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyOctober
Trade Balance $-2.309 bln
Exports $1.957 bln
Imports $4.266 bln
WeeklyDecember 18, 2014
Reserves $14.04 bln