The Brazilian real edged higher in value against the U.S. dollar on Wednesday after the government of the South American nation eliminated a 6 percent tax applied to international investors’ purchase of bonds, Bloomberg reports.
In this article, you will learn what hedging is, why you should be hedging sorghum, and how it’s done. Congratulations, assuming you harvested a crop over the last 5 years, you should have experienced a financial windfall from the price rally in sorghum and the other grain markets. The rallies we have seen in grains… Read more.
This is a sample entry from Craig Turner’s weekly market analysis newsletter, Turner’s Take, published on May 08, 2013. In this issue: WASDE: Looking forward to new crop estimates Corn: Bearish new crop corn – sell rallies — if not short already, look to sell Soybeans: Bearish new crop soybeans – sell rallies — if… Read more.
Wheat farmers in the biggest of South America's generators of the grain are poised to augment sowing this year, according to analysts and an advocacy group. Bloomberg reports the government of Argentina is likely to provide reimbursements as high as 23 percent for export tax purposes in 2013-2014, a grain exporting official said. The official… Read more.
Indications about worldwide supplies remaining strong pulled down coffee futures on Tuesday, according to Bloomberg. Exports are driving higher from both Vietnam and Brazil, two strong growers of the soft commodity. The Asian nation is the globe's largest shipper of robusta beans while the South American nation is the world's top supplier of arabica beans. "Heavy… Read more.
Copper futures were marching higher on Tuesday amid increased wheeling and dealing on commodity markets for the industrial metal, according to The Wall Street Journal. The surge began early during the day's trading session and was prompted by investors' purchase of long positions for the reddish metal. The base metal is sensitive to worldwide economic… Read more.
Indications of the prospect of surging demand from China pushed up soybean futures on Tuesday, according to Bloomberg. Also benefiting the legume's performance were growing preoccupations that nourishment in the form of rainfall did not drop on the most parched regions of Argentina, one of the globe's largest growers of soybeans. Farmers in the South American nation… Read more.
South American prospects gained as corn futures dropped for an eighth consecutive trading session on Tuesday, according to Bloomberg. Forecasts for rainfall ranging from moderate to heavy is likely to land on growing regions of Argentina, which will spur the grain toward its longest bearish streak since early 2010. Argentina trails only the U.S. for… Read more.
Supplies of soybeans are at their tightest levels in nearly 50 years as a result of inclement weather and growing demand, according to Bloomberg. Parched weather and delays for exports from South American growing nations is enhancing demand for the legume from the U.S., which is the globe’s biggest grower and exporter. Reserves of the legume… Read more.
This is a sample entry from Craig Turner’s weekly market analysis newsletter, Turner’s Take, published on February 04, 2013. In this issue: MACRO Markets: Cash continues to leave the sidelines and get in the game. CORN: Drought conditions in WCB getting better with recent rains. We continue to hold bear spread new crop CZ/CU from… Read more.