Markets
Oil pushes up toward $103 after ECB rate cut
Brent crude rose nearly $3 a barrel on Thursday, closing shy of $103 as a rate cut by the European Central Bank supported riskier assets, although a shaky outlook for global oil demand and ample supply capped gains.
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Ag markets generally strong Thursday morning
Corn futures built upon their overnight surge Thursday morning.
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U.S. corn plantings bogged down by rain; freeze hits wheat
Rain and snow this week in the U.S. Corn Belt will further slow corn plantings, already at a record low pace, and freezing temperatures are threatening further harm to the southwest Plains hard red winter wheat crop, an agricultural meteorologist said.
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Exports: Corn, soybeans see slight uptick
According to the USDA’s latest U.S. Export Sales report, corn net sales of 329,300 MT for 2012-2013 were up 5 percent from last week and from the 4-week average.
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Oil rebounds above $100 after sell-off
Oil rose above $100 a barrel on Thursday as some investors saw this week's price slide as overdone, although ample supply and concerns about the outlook for demand due to shaky economic growth limited the rally.
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Ag markets bounced from Wednesday losses this morning
Corn futures proved unable to avoid the general commodity rout Wednesday, although the losses suffered by the yellow grain market were certainly smaller than those posted by numerous other commodities.
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Ag markets could not escape general commodity decline
Corn futures were under considerable pressure early Wednesday morning, due in part to a continuation of the Tuesday decline.
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Brent crude drops below $100 on weak data from China, U.S.
Oil pared losses after falling more than $3 a barrel to settle below $100 a barrel on Wednesday as soft economic data from China darkened the outlook for global demand, and as U.S. crude oil inventory rose to a record level.
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ICE trims U.S. grain trading hours, follows CME cut
This week IntercontinentalExchange said that it will reduce its electronic U.S. grain trading hours in response to customer feedback, following in the footsteps of arch-rival CME Group.
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Ag markets widely mixed Wednesday morning
Corn futures were under considerable pressure early Wednesday morning, apparently due to a continuation of the Tuesday decline.
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Brent crude falls below $100 on China, U.S. data
Oil prices fell more than 2 percent on Wednesday, with Brent futures dipping below $100 a barrel as fresh concerns over economic growth in China and the United States weakened the demand outlook.
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- Wet U.S. Midwest sections may lead to fewer corn acres
- Where’s the rain? Parched states can’t shake the drought
- Ouch — I stuck myself!
- World Dairy Expo announces dairy cattle show manager
- Program planned for first U.S. Precision Dairy Conference, Expo
- Alltech Symposium challenges agribusiness to make an impact
