divider
divider
divider
blog
divider
divider
Español
divider

divider


Recent News:
  • Fri, May 10 05:00 AM  Crude oil futures drop as dollar's strength grows:  The emboldened U.S. dollar pulled down West Texas Intermediate crude oil futures on Friday, as the world's reserve currency pushed to its top level in more than 14 days, according to Bloomberg.  Read more.    Fri, May 10 04:33 AM  Loonie dives after release of weak labor report:  The Canadian dollar on Friday dropped to its week-low against the U.S. dollar after the nation released underwhelming job-creation data, Bloomberg reports.  Read more.    Fri, May 10 02:17 AM  Aussie's losses increasingly causing concern:  Friday saw the Australian dollar dive toward parity with the world's reserve currency for the first time since the beginning of the second half of last year as concerns about Australia's economy were gaining momentum, according to Bloomberg.  Read more.    Fri, May 10 05:00 AM  Crude oil futures drop as dollar's strength grows:  The emboldened U.S. dollar pulled down West Texas Intermediate crude oil futures on Friday, as the world's reserve currency pushed to its top level in more than 14 days, according to Bloomberg.  Read more.    Fri, May 10 04:33 AM  Loonie dives after release of weak labor report:  The Canadian dollar on Friday dropped to its week-low against the U.S. dollar after the nation released underwhelming job-creation data, Bloomberg reports.  Read more.    Fri, May 10 02:17 AM  Aussie's losses increasingly causing concern:  Friday saw the Australian dollar dive toward parity with the world's reserve currency for the first time since the beginning of the second half of last year as concerns about Australia's economy were gaining momentum, according to Bloomberg.  Read more.    Fri, May 10 05:00 AM  Crude oil futures drop as dollar's strength grows:  The emboldened U.S. dollar pulled down West Texas Intermediate crude oil futures on Friday, as the world's reserve currency pushed to its top level in more than 14 days, according to Bloomberg.  Read more.    Fri, May 10 04:33 AM  Loonie dives after release of weak labor report:  The Canadian dollar on Friday dropped to its week-low against the U.S. dollar after the nation released underwhelming job-creation data, Bloomberg reports.  Read more.    Fri, May 10 02:17 AM  Aussie's losses increasingly causing concern:  Friday saw the Australian dollar dive toward parity with the world's reserve currency for the first time since the beginning of the second half of last year as concerns about Australia's economy were gaining momentum, according to Bloomberg.  Read more.   
We are in the process of migrating to a new and improved website to better serve you. In the meantime, some pages will continue to reside on the old site layout as others are moved to the new layout. Please bear with us as we make this transition.
resources
Check Out Our New Ads
Let Freedom Ring.

- View All -

In Our Words

"Creating honest and comfortable relationships with my clients is the ultimate goal - to get there I begin by helping people discover their true tolerances for alternative markets. By listening closely, I am able to match their profiles and goals with appropriate methods of trading."

– Ron Wells
Futures & Options Broker

Ron Wells, Futures Broker
dt Newsletter Sign-Up
First Name:*
Last Name:*
Email:*
 
 
Commodity Futures Newsletter
Free Offers & Trials

Register for Your Free 2-Week Trial of the dt Insider Market Advisory!

Insider Market Advisory
View all free trials & offers

Futures Market News

- Subscribe to receive our commodity news updates by email -

U.S. soy rises on heavy Chinese demand

Mar 21, 2012 09:47 AM

Benchmark global soybean prices gained a level of support from signs of Chinese demand on Wednesday, as the value of the crop rose slightly following a heavy sell-off, Reuters reports.

According to the news outlet, China, the world's number one buyer of the commodity, is on course to import 25 percent more in the first half of 2012 than in the first six months of 2011.

"That's a pretty supportive number. In the short term, a lot is going to depend on imports, especially by China," Barclays Capital analyst Sudakshina Unnikrishnan told Reuters. "The fact you're having record high prices domestically and the government is stockpiling does seem to suggest that in terms of pricing arbitrage, this is a pretty positive time for Chinese buyers to be making purchases on the international market."

Soybeans were up 0.06 percent on the Chicago Board of Trade at the opening of the markets on Wednesday, as the price reached $13.45 a bushel.

Bloomberg News reports that soybeans may rise further on speculation that next week's U.S. Department of Agriculture planting report will show that farmers did not increase the planting of oilseeds.

Don’t Miss Our News Updates!

dt Commodity News
Share dt News:
Facebook Twitter More...

Follow our breaking news stories and get a unique take on current events that may impact the commodity futures markets.  Multiple new articles are posted each weekday.  Subscribe to our commodity news updates by email, and receive real-time updates with our RSS feed, follow us on Twitter @DanielsTrading, become a fan on Facebook to stay informed.


Enter your email address to subscribe to our commodity news by email:
    Delivered by FeedBurner



SPECIAL OFFER: Free eBook — Gold Exposed: Spot Gold versus Gold Futures

Gold Exposed: Spot Gold versus Gold Futures

Are you interested in trading gold futures but unsure of how to start?

Register for our FREE guide, and learn the ins and outs of the gold markets that will help answer many of your trading questions.

Download Now!


Special Offer

Insider Market Advisory

Register for Your Free 2-Week Trial of the dt Insider Market Advisory!

With your free trial membership, you'll receive full access to our exclusive trade recommendation service and all of the timely and accurate trade information you need to feel comfortable participating in the markets.


Register Now