Different circumstances call for different trading strategies. Part of becoming a complete trader is a balanced, disciplined approach with an eye geared towards managing risk. You can accomplish this by trading futures, options, or a combination of the two. The difficult part is determining which approach will be the best for you, and this formula… Read More.
The east coast of the United States may be blanketed in snow, but in corn, wheat and soyabean fields of Argentina, Brazil and Uruguay, the weather is scorching. A prolonged absence of rain is raising fears that harvests in these key agricultural nations will fall short of expectations, putting further pressure on a global commodity… Read More.
Prices for soybean futures slipped as a result of demand sliding while corn prices remained stagnant, Bloomberg reports. Soybeans had rallied to their highest value in more than two years, increasing as much as 12 percent this month through Tuesday as corn climbed 15 percent during the same period. Government data indicates corn and soybeans are… Read More.
Speculation about decreasing stockpiles of crude oil in the U.S. answered worries about a weakening recovery from the economic recession in the globe's top consumer of the commodity, Bloomberg reports. Oil's price rose to its highest value in more than two years. As U.S. consumer confidence decreased and home values slipped more than economists believed… Read More.
A Southeast Australia region whose production of cotton is high will suffer reduced harvesting of the soft fiber because of flooding, according to Bloomberg. More than 18,500 acres of crops in Theodore have been ruined as a result of heavy rainfall, according to David Bone, lead spokesman of Cotton Australia of Sydney. Australia is the… Read More.
High prices for corn futures were sustained by worries about lack of rain in eastern regions of South America that are key for supplying the global markets with the commodity, Bloomberg reports. March-delivery corn dipped 1.75 cents at $6.215 per bushel on the Chicago Mercantile Exchange before noon Eastern Standard Time. The price touched $6.2475… Read More.
Prices for precious metals ebbed and flowed as the value of the U.S. dollar remained stagnant and concerns resurfaced for the debt crisis tearing through European nations' banks, Bloomberg reports. Gold for February delivery gold climbed and slipped as much as 0.3 percent and 0.2 percent, respectively, on the Comex in New York. March-delivery silver… Read More.
This post originally appeared in FutureSource’s Fast Break Newsletter, where Tim Chilleri is a regular contributor on various futures trading topics. Trend trading is a popular method of trading but it is critical that you develop and use a framework to execute the trade. The goal is to place yourself in a position to capitalize… Read More.
Litters for pigs reached their highest level which helped futures for hogs slip from their highest prices in four months, Bloomberg reports. According to information from the U.S. Agriculture Department, the herd that breeds hogs was 1.2 percent smaller on December 1 of this year as compared to the same date in 2009. For the… Read More.
Factors that have pushed up grain prices to their highest amounts will remain for at least the next 12 months, according to the top official of a prominent trader of agricultural commodities. According to the Financial Times, Alberto Weisser of Bunge does not believe that high prices of food are permanent. Yet remarks from the… Read More.