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Home / Hurricane

Hurricane

Hog futures drop as demand drops

Hog futures drop as demand drops

March 11, 2013 by Daniels Trading

Reduced demand pulled down hog futures on Monday as the livestock reversed three consecutive trade sessions of gains, according to Bloomberg. Stronger weather systems during the past 180 days have warded away many consumers from grocery stores, such as heavy snowfall in Boston and Hurricane Sandy along the Eastern Seaboard in October of last year,… Read more.

Corn futures climb as U.S. harvest exports grow

Corn futures climb as U.S. harvest exports grow

October 30, 2012 by Daniels Trading

Indications about the possibility of droopy prices driving demand for U.S. supplies pushed up the price of corn futures on Tuesday, Bloomberg reports. Also benefiting the grain was economic data indicating inspections at ports in the U.S., the globe's biggest grower, surged 49 percent for week-ended October 25 to amount to 15.5 million bushels, according… Read more.

Copper futures drop as concerns grow about global growth

Copper futures drop as concerns grow about global growth

October 29, 2012 by Daniels Trading

Preoccupations about the pace of global development pulled copper futures to their lowest value since early September on Monday, according to Reuters. Despite stronger than anticipated third-quarter growth in the U.S., host of the globe's largest economic system, the reddish metal suffered from decreases to risk appetite. Trading and deal-making were projected to slow down… Read more.

Market Spotlight: Orange Juice

Market Spotlight: Orange Juice

June 12, 2012 by Don DeBartolo

Oranges, grown on trees, are widely cultivated in tropical and subtropical climates for the sweet fruit. Oranges are peeled or cut (to avoid the bitter rind) and eaten whole, or processed to extract orange juice, and also for the fragrant peel.

La Niña poised to fade within months, NOAA unit states

La Niña poised to fade within months, NOAA unit states

February 10, 2012 by Daniels Trading

The weather phenomenon hovering in the Pacific Ocean and wreaking havoc on crops throughout the world is likely to dissipate this spring, according to the U.S. Climate Prediction Center. Bloomberg reports La Niña, which cools weather throughout the globe, will continue influencing temperatures in the U.S. and rainfall through April, according to the arm of… Read more.

Orange juice futures driving high from frozen crops, fungicide

Orange juice futures driving high from frozen crops, fungicide

January 10, 2012 by Daniels Trading

Inclement weather and the presence of a fungicide pushed orange-juice futures to their sharpest climb since 2007, according to published reports. Citrus groves in Florida endured large amounts of damage from sub-zero temperatures, Bloomberg reports. Roughly 5 percent of the groves in the Sunshine State's central groves, considered the main growing region for oranges, endured… Read more.

Debt crisis in euro zone likely to drive crude oil futures higher

Debt crisis in euro zone likely to drive crude oil futures higher

September 13, 2011 by Daniels Trading

Inventories of crude oil are likely to drop for a second-straight week in the U.S., pushing up oil prices on Tuesday, according to published reports. In anticipation of a not-yet released report from the U.S. Department of Energy stating supplies dropped by as many as 3 million barrels because of tempests manifesting in the Gulf… Read more.

Crude oil futures hover Thursday after strong performance on Wednesday

Crude oil futures hover Thursday after strong performance on Wednesday

September 8, 2011 by Daniels Trading

The price of crude oil futures ebbed and flowed Thursday morning prior to the release of a government report indicating the inventory of U.S. supplies of the energy commodity is likely to fall, according to published reports. One day after gaining nearly 4 percent in value, crude oil prices hovered around even, Bloomberg reports. The… Read more.

Crude oil slides as thunderstorms hover, force crews from Gulf of Mexico

Crude oil slides as thunderstorms hover, force crews from Gulf of Mexico

September 1, 2011 by Daniels Trading

Crude oil futures fell Thursday following oil companies ordering crews to evacuate rigs and platforms in the Gulf of Mexico as a storm system manifests and stands a likelihood of becoming a hurricane, according to published reports. Should the system of thunderstorms and gusty winds hovering above the central and eastern regions of the Gulf… Read more.

Oil futures climb as Irene subsides

Oil futures climb as Irene subsides

August 30, 2011 by Daniels Trading

Indications of a stabilizing housing market helped push crude oil futures to their highest level in nearly one month, Bloomberg reports. As the aftermath of Hurricane Irene subsides, refineries on the East Coast are firing up their operations anew, also a contributing factor to the energy commodity's gains. "We're probably seeing the residual impact of… Read more.

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