dt Commodity News
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Futures Market News - June 2011
- Cotton futures slide as Texas farmers prep to abandon parched crops: [2011 Jun 30 05:06 PM] The worst drought in at least one century is likely to force cotton farmers in the U.S.' biggest-producing state to cut their losses. Read more
- Gold futures edge down as Greece prepares for aid package: [2011 Jun 30 05:57 AM] Gold futures are set to sink in value on Thursday, the final day of the second quarter of 2011. Read more
- Wool futures projected to slip from 16-year highs: [2011 Jun 29 05:49 PM] Wool futures are expected to dip later this year from their highest prices in more than 16 years, textile company Raymond Ltd. states. Read more
- Cocoa futures climb despite reports of oversupply: [2011 Jun 29 05:14 PM] Prosperous cocoa crops in the world's two top producers of the soft commodity are set to push supplies well past demand for the 2010-2011 season. Read more
- Platinum, palladium futures perform steadily: [2011 Jun 29 07:57 AM] Platinum and palladium, two precious metals that also are valuable for carmaking and industrial uses, are rising in price but might encounter rough waters. Read more
- Gold futures head up in value as dollar slumps, protests rage in Greece: [2011 Jun 29 04:52 AM] Preoccupations about Greece's struggle with debt and the weakening U.S. dollar pushed up gold futures on Wednesday morning. Read more
- Dry weather to delay cotton crops in Burkina Faso: [2011 Jun 28 04:05 PM] The 2011-2012 cotton harvest in Burkina Faso is expected to be subject to delays because of inclement weather to impact the region late in the season. Read more
- Sugar futures soar on speculation that Brazilian production will wane: [2011 Jun 28 03:35 PM] The harvest of sugarcane in the globe's top-producing nation is forecast to smaller than expected, which pushed up sugar futures on Tuesday. Read more
- Gold futures aim for climb to break four-day slump: [2011 Jun 28 04:37 AM] Gold futures are poised to gain on the strength of Greece's struggle with the sovereign debt crisis. Read more
- Copper futures slip as all eyes train on Greece: [2011 Jun 27 05:00 PM] The price of copper futures sank Monday amidst worries that Greece could be in peril of receiving another bailout. Read more
- Silver re-captures allure - volatility be darned!: [2011 Jun 27 01:02 PM] Silver futures, the shiny precious metal that is known for its volatility as the price spikes up and down often without notice or warning, are believed to be on the upswing and increasingly in demand, various published reports indicate. Read more
- Gold futures resume slipping in value: [2011 Jun 27 07:31 AM] Gold picked up Monday morning where it left off last week, dropping in value after its largest weekly loss in nearly two months. Read more
- Parched U.S. crops push up cotton futures: [2011 Jun 24 03:38 PM] An English researcher reduced prospects for cotton futures, pushing up prices for the soft fiber the most in one week. Read more
- Oil futures drop amidst unexpected announcement: [2011 Jun 24 10:09 AM] A surprise announcement by the International Energy Agency pushed down oil futures. Read more
- Gold futures poised to climb as Greece preps scalpel: [2011 Jun 24 05:05 AM] Gold futures are poised on Friday to recover from their sharpest drop on the strength of the sovereign debt scourge and the U.S.' low interest rates. Read more
- Gold prices' slippage will not push publisher away from purchases: [2011 Jun 23 04:08 PM] The possibility of gold and silver futures losing value during the next 90 days does not make the publisher of an economic report apprehensive about acquiring even more of the precious metals. Read more
- Gold futures fluctuate in fallout from interest rates' stagnancy: [2011 Jun 23 08:23 AM] Gold futures fluctuated on Thursday morning amidst concerns that gains during the previous seven trading sessions in the U.S. were overdone. Read more
- Demand for gold from India rising sharply: [2011 Jun 22 04:32 PM] India's gold acquisitions thus far this year are 23 percent higher versus the same period of 2010, according to UBS. Read more
- Money doesn't grow on trees but NYC streets are littered with gold shards: [2011 Jun 22 12:36 PM] New York City streets are not paved with gold but shards of the precious metal and jewels are in abundant supply. Read more
- Silver futures to be influenced by Greek navigation through debt crisis: [2011 Jun 22 08:47 AM] Silver futures were edging downward in value on Wednesday morning and analysts correlated the performance with a dollar that is gained strength late on Tuesday. Read more
- Dollar gains as gold futures set to slip: [2011 Jun 22 07:59 AM] Gold prices are set to decrease in value on Wednesday as the strengthening dollar is one factor to influence the precious metal's price. Read more
- Crude oil futures influenced by circumstances of Greek confidence vote: [2011 Jun 21 03:28 PM] Relaxing concerns about Greece's downward spiral toward defaulting on repaying bailout funds pushed up oil futures on Tuesday. Read more
- Cotton futures expected to climb due to parched Texas: [2011 Jun 21 03:10 PM] Forecasts for the drought to continue in Texas pushed up cotton futures for the third straight day on Tuesday. Read more
- Gold futures set to climb as dollar weakens, Greece preps to judge prime minister: [2011 Jun 21 08:04 AM] Gold futures are poised to climb for a third straight day, capitalizing on the weakening U.S. dollar and worries about the sovereign debt's impact on the euro zone. Read more
- Cocoa futures rise as shipment strength resumes from Ivory Coast: [2011 Jun 20 12:21 PM] Cocoa futures climbed in value on Monday afternoon as shipments of the beans have resumed in the world's top exporter of the soft commodity. Read more
- Gold futures set to rise on Greek debt troubles: [2011 Jun 20 08:02 AM] Gold futures are poised to climb on Monday as investors cope with fallout from Greece's struggle with sovereign debt and seek an asset haven. Read more
- Copper futures slide as Chinese demand fluctuates: [2011 Jun 17 04:04 PM] A bright outlook about demand for copper from China pushed up copper futures on Friday. Read more
- Cattle futures scale amidst concerns about reduced supply later in the year: [2011 Jun 17 03:43 PM] Worries about cattle supplies slipping later this year helped push cattle futures to a four week high on Friday. Read more
- Germany committing to assist Greece likely to drive gold futures: [2011 Jun 17 08:15 AM] Gold futures are likely to gain in value on Friday, the fourth straight day. Read more
- Silver trophy captured: [2011 Jun 16 02:35 PM] If the Stanley Cup consisted of pure silver as was the original one, it would be worth about $19,385. Read more
- Purchase of gold by central banks thru April exceeds 2010 totals: [2011 Jun 16 10:18 AM] The world's central banks purchased 90 metric tons of gold in all of 2010 but through this past April they have acquired 129 metric tons, according to the World Gold Council. Read more
- Mine shortage will push gold futures to $5k per ounce, bank states: [2011 Jun 15 02:23 PM] Gold futures, which are now pursuing an 11th straight year of annual gains, will be worth $5,000 per troy ounce. Read more
- Silver futures drive higher as demand outpaces supply: [2011 Jun 15 09:57 AM] Demand for silver futures is beginning to rise again as supply of the volatile metal is starting to slip. Read more
- Gold futures to climb on strength of inflation, Greek debt, analyst says: [2011 Jun 15 09:15 AM] Investors seeking a haven amidst concerns about inflation and the downgrading value of currency are likely to boost gold futures on Wednesday. Read more
- Sugar futures slip in value amidst shipping issues in Thailand: [2011 Jun 14 04:35 PM] Heavy amounts of shipments of sugar from the globe's top exporter of the sweet commodity are running into congestion, which is driving up sugar futures. Read more
- Gold futures set to climb on Greek debt troubles, inflation: [2011 Jun 14 09:26 AM] Gold futures are projected to rise Tuesday morning on the strength of preoccupations about inflation and the euro zone's confrontation with sovereign debt. Read more
- Gold futures dive, yet buoyed by weakening dollar: [2011 Jun 13 01:41 PM] A weakening U.S. dollar prevented gold futures from losing as much value as concerns about the economic recovery's slowdown would have caused. Read more
- Gold, silver futures are early on in surge, editor states: [2011 Jun 12 07:05 PM] The decade of success that gold and silver have enjoyed is merely in its infancy and will long continue, according to Roger Wiegand, an editor of a publication about commodities. Read more
- Inclement weather pushes up cotton futures: [2011 Jun 12 06:37 PM] Cotton futures edged up in value amidst dry weather in Texas, the biggest-producer of the soft commodity in the U.S., which is the globe's top exporter of the fiber. Read more
- Greek, economic troubles push gold futures higher: [2011 Jun 10 03:58 PM] The sovereign debt crisis tearing through Europe and worries about the slowing economic recovery from the global recession are likely to push gold futures to their fourth straight weekly gain. Read more
- Oil futures slip upon reports about Saudi output increase: [2011 Jun 10 12:06 PM] Reports about Saudi Arabia augmenting its production of oil to 10 million barrels per day in July pushed down crude oil futures the most in one month. Read more
- Copper futures set to lose value due to economic slowdown: [2011 Jun 09 12:20 PM] Copper futures might sink in value as a result of a slowdown in the global economy's recovery. Read more
- Silver use in solar industry to double in four years, according to advocacy group: [2011 Jun 09 11:20 AM] Silver will be increasingly used in the solar industry because of its value and "efficiency as a conductor," according to a Washington-based group that advocates for the precious metal. Read more
- Gold, silver futures likely to move following ECB meeting: [2011 Jun 09 08:26 AM] All eyes are focused on the European Central Bank meeting Thursday as the body's discussions about interest rates and Greece's struggle with repaying its June 2010 bailout are likely to impact the prices of precious metals. Read more
- Ivory Coast looks to enhance cotton production: [2011 Jun 08 06:04 PM] The Ivory Coast is aiming to produce more than 200,000 metric tons of cotton this season. Read more
- Orange juice futures drop following Ad data: [2011 Jun 08 05:42 PM] Worries about the U.S. government enhancing fruit production forecasts pushed down orange juice futures on Wednesday. Read more
- OPEC meeting snag pushes up crude oil futures: [2011 Jun 08 03:23 PM] Crude oil futures scaled amidst international oil ministers' inability to agree to crude production levels at the oil-rich nations' meetings in Austria. Read more
- Fed chief's remarks impact silver futures: [2011 Jun 08 08:42 AM] The U.S. Fed chief said the nation's economic recovery is "frustratingly slow," which helped drive down silver futures on Wednesday morning. Read more
- Gold futures slide after nearing record highs: [2011 Jun 08 08:09 AM] Some investors were led to sell their holdings of gold as the precious metal neared record prices but then slipped in value. Read more
- Silver to rise as high as $100 per ounce by 2014, a fund chief predicts: [2011 Jun 07 12:24 PM] Silver futures will be priced at as much as $100 per troy ounce by 2014, according to a financial fund's top official. Read more
- Gold futures likely to climb on weak dollar, euro zone debt concerns: [2011 Jun 07 09:37 AM] A sputtering U.S. economy, a hobbling dollar and concerns about the euro zone debt crisis are likely to drive gold futures higher for a third straight day on Tuesday. Read more
- Cocoa futures more abundant this season: [2011 Jun 06 11:58 AM] A large surplus of cocoa will be available for the 2010-2011 season that began last autumn, according to a global group for the soft commodity. Read more
- Dynamics of Libyan struggles to serve as backdrop to OPEC meetings: [2011 Jun 06 11:48 AM] The globe's top oil producers are set to embark on what might be awkward meetings when high-level national officials convene this week in Vienna. Read more
- Gold shines as secure commodity investment: [2011 Jun 06 11:11 AM] Gold's standing as the perpetually valuable element has been repeatedly underscored this year when striking record high prices. Read more
- Jobless report impacts hog, cattle futures: [2011 Jun 03 11:29 AM] Slackening demand for pork in the U.S. pushed down hog futures while cattle futures also fell in price. Read more
- Gold futures set to lose value as dollar rises: [2011 Jun 03 08:01 AM] Gold futures are likely to dive in value on Friday, driven lower by conjecture that the precious metal's run-up was overdone. Read more
- Coffee futures rise as weather systems benefit crops: [2011 Jun 02 03:26 PM] More pleasant weather is likely to benefit coffee crops in Brazil, which reduced Arabica coffee futures on Thursday. Read more
- Oil production must climb to meet demand, OPEC delegate says: [2011 Jun 02 02:25 PM] Demand for oil will be satisfied if suppliers provide as much as 1 million additional barrels per day, according to a pivotal yet unnamed oil official. Read more
- Sugar soars, cocoa falls: [2011 Jun 02 12:56 PM] Heavy output of sugar to be shipped from Brazil pushed up the soft commodity's futures on Thursday morning. Read more
- Gold set to climb amidst Greek debt troubles: [2011 Jun 02 09:03 AM] Greece's ongoing struggles with sovereign debt are likely to push up gold futures on Thursday. Read more
- Cotton futures rise as drought impacts Texas, regions of China: [2011 Jun 01 11:49 AM] Inclement weather threatened to harm crops as cotton futures climbed due to concerns about reduced production. Read more
- Silver futures approach $40 mark: [2011 Jun 01 11:32 AM] Silver futures, notoriously renowned as the volatile metal, streamlined commodities' price drop last month by losing 21 percent of their value in May. Read more
- Demand for platinum, palladium set to climb: [2011 Jun 01 10:39 AM] Investors are preparing for two precious metals' sharp rise in value but those elements are not gold and silver. Read more
- Gold futures likely to slip as Greece nears pact: [2011 Jun 01 08:01 AM] The anticipated resolution of Greece's sovereign debt crisis is likely to reduce gold futures on Wednesday. Read more






