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Archive for the January 14, 2016

  • US grain prices rallied on Tuesday after the US Department of Agriculture slashed its estimate of winter wheat seedings by more than anticipated and unexpectedly cut its corn and soyabean production view. Wheat futures surged

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  • Malaysian palm oil futures reversed two days of declines to gain on Wednesday as traders were keen to lock in hedges for physical crude palm oil (CPO) at these levels. The palm oil contract for

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  • Sugar futures on ICE surged 3 percent on Wednesday, on a bullish combination of chart-based buying, continued Asian demand and as some farmers in India began to switch to crops that require less water due

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  • Gold lost more ground on Wednesday as a rebound in stock markets reduced some of the precious metal's safe haven appeal with additional pressure from a strengthening greenback. Spot gold slid 0.8 percent to $1,081.80

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  • Gold fell for a third straight session on Tuesday as a rebound in European and US stock markets undermined the metal's appeal as a haven from risk, and as the dollar strengthened against a basket

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  • Gold inched higher after a low start on Wednesday, but a stronger dollar and a rebound in stock markets capped the upside, reducing its appeal as a safe asset. Asian shares made their first real

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    • News Desk
    • Jan 14th, 2016
    • Comments Off on Argentina scraps corn and wheat export quotas

    Argentina on Tuesday removed limits on how much corn and wheat the country's huge farm sector can export, the latest measure aimed at revitalizing agriculture in the grains-producing powerhouse. The new centre-right administration of President

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  • US corn, wheat and soyabean futures were about flat on Wednesday, with prices steadying near multi-week peaks reached in the previous session following a bullish US Department of Agriculture supply report. Corn rose by nearly

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    • News Desk
    • Jan 14th, 2016
    • Comments Off on Czech inflation near zero, seen picking up in 2016

    Czech inflation hovered just above zero at the end of 2015 although analysts expect a strong economy and the fading impact of slumping fuel prices to give prices a boost this year as the central

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    • News Desk
    • Jan 14th, 2016
    • Comments Off on US authorities rebuff VW diesel recall plan

    US environmental regulators turned down Volkswagen's initial recall plan for its diesel cars equipped with illegal emissions cheat devices Tuesday, a day before its chief holds high-level talks on the scandal in Washington. The California

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