With signs of crude inventories accumulating in the U.S., the worlds largest consumer of commodity, oil prices dropped for the third straight day. According to a Bloomburg news survey before an Energy Department report today by the American Petroleum Institute which stated inventories climbed for a fifth straight week. Futures prices dropped 0.8% in New… read more
Tag Archives: Futures news
Dry winter wheat fields = higher prices-Futures Trading,Futures News,Futures Broker,Commodity Trading,Commodity News, Commodity Broker
Wheat production in Kansas, the 2nd largest U.S. grower, is expected to drop as dry weather persists, with 46% of the state experiencing drought conditions. Government data shows the states winter-wheat crop is the worst condition it has been in 15 years. U.S. inventories would erode with less output, these inventories are already expected to… read more
Grain Opening Calls-Futures Trading, Commodity trading, Commodity Futures trading, Futures brokerage, Trading
Soybeans lower 10 to 12 cents Corn lower 2 to 3 cents; better planting weather out look this week Wheat 3 to 4 cents lower… read more
Coffee Rises to 14-Year High-Futures Trading, Commodity Trading, Trading news, Economic News, Futures and Commodity brokerage
Rainfall in Colombia; the world’s second-largest producer of arabica beans may hurt crops. Coffee plantations are being damaged by landslides and rains.… read more
Sugar prices Fall-Futures News,Futures Broker,Commodity News,Commodity Broker
Harvest Production in Thailand has pushed Sugar prices to the lowest prices in seven months on speculation that supply will more than suffice to meet demand. In an email Jerome Jourquin, global head of agricultural commodities at Market Securities, a unit of Kite Group. stated ” Sugar is down on ample supplies from Thailand, The… read more
Wheat-Corn news/ Futures Trading,Futures Brokers,Commodity Trading, Commodity Brokers,Futures news, Commodity news
After the US Department of Agriculture released news earlier this month forecasting a projected higher level of soft red winter wheat, the type traded in Chicago, to replace corn plantings, a switch being viewed with keen interest by those in the industry. With wheat’s higher protein content many feel that it makes a better option… read more
Jobless Claims,Futures Trading, Trading News, Futures Trading News, Commodity Trading News
Initial claims jumped 25,000 in the April 23 week to 429,000 above expectations (prior week revised 1,000 higher to 404,000). The Labor Department said layoffs in the auto sector were isolated and not a major factor. The four-week average rose a steep 9,250 to 408,500 and is nearly 15,000 above the month-ago level.… read more
EIA Natural Gas Report / Futures Broker
In a reort for Natural gas storage rose 47 billion cubic feet for the April 15 week to 1,654 bcf. A 50 bcf injection was expected.… read more
Futures News – U.S. Housing starts rise 7.2% during March.
POWERED BY Released on 4/19/2011 8:30:00 AM For Mar, 2011 Prior Consensus Consensus Range Actual Starts – Level – SAAR 0.479 M 0.525 M 0.500 M to 0.620 M 0.549 M Permits – Level – SAAR 0.517 M 0.594 M Market Consensus Before Announcement Housing starts in February dropped a monthly 22.5 percent after jumping 18.4 percent the prior month. The February annualized pace of… read more
Retail sales increase for the ninth consecutive gain.
Released on 4/13/2011 8:30:00 AM For Mar, 2011 Prior Consensus Consensus Range Actual Retail Sales – M/M change 1.0 % 0.5 % 0.0 % to 1.2 % 0.4 % Retail Sales less autos – M/M change 0.7 % 0.7 % 0.2 % to 1.8 % 0.8 % Market Consensus Before Announcement Retail sales in February surged 1.0 percent, following a 0.7 percent boost in January and a 0.6 percent… read more