Analyst Palm Oil

USDA Grain Inspections For Export-Feb 8

admin — Mon, 08 Feb 2010 16:31:50 +0000

Crop marketing years begin June 1 for wheat, rye, oats, barley and flaxseed; September 1 for corn, sorghum, soybeans and sunflower seeds. Includes Waterway Shipments to Canada.

WORLD FOREX: Euro Manages Gains, But Sovereign Debt Issues Loom

admin — Mon, 08 Feb 2010 16:25:42 +0000

The euro eked out a gain against the dollar Monday but was kept under pressure by festering issues of sovereign debt in Greece that threatened to spread to Portugal and Spain.

Strong Chinese Demand Tempts Brazil Soybean Farmers To Sell

admin — Mon, 08 Feb 2010 16:23:41 +0000

Brazil's farmers are tempted to sell their soybeans as the 2009-10 harvest gathers pace. March soybeans on the Chicago Board of Trade ended 1/2 cent, or 0.05%, lower at $9.13 1/2, and May soybeans settled 1/2 cent, or 0.05%, lower at $9.24 1/4 on

MARKET TALK: CBOT Soy Futures Rally On Short Covering

admin — Mon, 08 Feb 2010 16:21:53 +0000

CBOT soy futures spike higher, climbed to nearly two-week highs. Speculative short covering ahead of USDA supply and demand reports are giving buyers the edge in early market action, analysts say. The absence of pressure from outside markets

MARKET TALK: ICE March Sugar Higher As Commodities Rebound

admin — Mon, 08 Feb 2010 16:20:20 +0000

World raw sugar futures continue to trade higher as commodity markets bounce off Friday's lows. Sugar receives support from firm crude oil futures and a weak U.S. dollar index, with the market's bullish fundamentals also in play.

MARKET TALK: US Wheat Jumps Higher In Rebound

admin — Mon, 08 Feb 2010 16:09:16 +0000

U.S. wheat futures are climbing on short-covering and spillover support from other markets, traders say. Non-commercial speculative funds a heavily short in CBOT wheat. Weakness in the U.S. dollar and gains in crude oil and precious metals are

MARKET TALK: CBOT Corn Climbs In Short-Covering Bounce

admin — Mon, 08 Feb 2010 16:00:46 +0000

CBOT corn futures are surging in early trade amid short-covering following recent losses. Traders say the grains and oilseeds markets are due for a bounce. Higher crude oil is supportive they add. Fundamentally the market lacks support

MARKET TALK: ICE Cocoa Down Slightly, May Be Finding Support

admin — Mon, 08 Feb 2010 15:38:55 +0000

ICE cocoa is slightly softer amid continued speculative activity, but may well uptick yet with the rest of the softs higher and the dollar lower, says Chris Kraft, president of CK Futures. "I wouldn't be surprised if it's positive by the end of the day," he says.

ICE Canola Strengthens Following Outside Markets

admin — Mon, 08 Feb 2010 15:37:10 +0000

ICE Canada canola futures were higher Monday morning, finding some spillover support from the gains seen in the outside commodity markets. Malaysian palm oil and European rapeseed futures were both stronger in overnight trade. Calls for a higher start to the

WWS: India Coarse Grain & Oilseed Weather Outlook – Feb 8

admin — Mon, 08 Feb 2010 15:32:13 +0000

LSN - INDIA: Showers and brief periods of light rain will develop today and increase Tuesday as a cool front moves through the region. Most areas from Rajasthan to Uttar Pradesh will be vulnerable to showers, although some areas will be missed and most of the precipitation will be light