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Archive

Markets - Commodities

Thursday, March 12, 2020

US MIDDAY: Gold prices ease
Commodities

US MIDDAY: Gold prices ease

Gold prices fell on Wednesday after rising as much as 1.3% earlier in the session, as traders sold the precious metal to cover margins for stock markets spooked by the global spread of coronavirus.
Published 12 Mar, 2020 12:00am
US MIDDAY: Corn, wheat decline
Commodities

US MIDDAY: Corn, wheat decline

Chicago corn and wheat futures declined on Wednesday, following as Wall Street equity markets fell sharply on fears of the coronavirus causing a global recession and a lack of immediate US measures to counter the economic fallout.
Published 12 Mar, 2020 12:00am
CBOT wheat futures higher after choppy session
Commodities

CBOT wheat futures higher after choppy session

Chicago Board of Trade wheat futures closed higher on Tuesday, rallying in late technical moves following a choppy session, traders said. CBOT May soft red winter wheat settled up 3-1/2 cents at $5.22-1/4 per bushel. K.C. May hard red winter wheat ended u
Published 12 Mar, 2020 12:00am
CBOT corn futures rise
Commodities

CBOT corn futures rise

Chicago Board of Trade corn futures ended higher on Tuesday on bargain-buying after a three-session slide and spillover strength from a rebound in US equity markets and crude oil futures, traders said. Oil and global equity markets recovered after the pri
Published 12 Mar, 2020 12:00am
Russian wheat export prices fall to sixth week
Commodities

Russian wheat export prices fall to sixth week

Russian wheat export prices fell for the sixth week running last week, following global benchmarks and a tumbling rouble, which is likely to trigger domestic price growth this week, analysts said on Tuesday. Russian wheat with 12.5% protein content loaded
Published 12 Mar, 2020 12:00am
Euronext wheat mixed as Russian competition curbs rebound
Commodities

Euronext wheat mixed as Russian competition curbs rebound

Euronext wheat was mixed on Tuesday, with support from a broad recovery in financial markets curbed by signs of renewed competition from Russian wheat and technical trading linked to the expiry of spot futures. Benchmark May milling wheat on Paris-based E
Published 12 Mar, 2020 12:00am