Commodity Blog |
| Corn & Soybeans Fall as Supply Concern Wanes Posted: 06 Feb 2013 11:15 AM PST Corn and soybeans fell today as forecasts of favorable weather in South America eased concerns about global supply. According to World Weather Inc., as much as 0.9 inch (2.3 centimeters) of rainfall will shower about 85 percent of the fields in Argentina. Dry weather in northern Brazil should accelerate harvest, while rains will bolster growth of plants in the southern part of the country. Previously, concerns about adverse weather in the United States helped [...] |
| Platinum at 16-Month Record on Supply Concerns Posted: 06 Feb 2013 09:46 AM PST Platinum rallied today, reaching the 16-month high, on concerns that supply will fall, while demand is likely to pick up. Gold followed in gains, while silver and palladium retreated. Anglo American Plc Chief Executive Officer Cynthia Carroll said that the platinum industry is in crisis. Labor unrest in South Africa persists as miners demand higher wages and strikes are threatening to further curb supply of the metal. At the same [...] |
| You are subscribed to email updates from Commodity Blog To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google Inc., 20 West Kinzie, Chicago IL USA 60610 | |
No comments:
Post a Comment