Grains futures mostly rose Friday on the Chicago Board of Trade.Wheat for December delivery rose 4 cents to $8.7250 a bushel; December corn added 0.75 cent to $7.6150 a bushel; December oats rose 0.25 …
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Grains futures mostly rise, livestock prices mixed
Futures & Commodities news and reports.
While the financial bailouts tossed to automakers, banks and other groups during the recent economic crisis left a funny taste in the mouth of some Americans, one former U.S. regulator hopes efforts to prevent another panic doesn’t go rotten. The U.S.
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Think brussels sprouts and cauliflower are agricultural commodities? Think again.
Russia’s ban on grain exports as a heat wave parches crops in the world’s third biggest wheat exporter has raised questions whether such export curbs break World Trade Organization rules. Russia is not a member of the WTO, and it remains to be seen how its new grain policy will affect its 17-year-old bid to join.
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Can export bans be challenged at the WTO?
Not everyone is upset about the 50 percent surge in wheat prices over the past month. Wheat’s rise to 2-year highs was caused first by heavy rains in Canada and now by a Russian export ban that was triggered by its worst drought in decades. There are floods in Pakistan, another major wheat grower
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Argentina set for wheat windfall
A U.N. concession to delegates at this week’s climate talks in Bonn to take off jackets and ties due to recent high temperatures may be going to some participants’ heads. Breaking the back of negotiations for a new climate pact after the Kyoto Protocol expires in 2012 is proving hard work even though the talks’ chair hopes to have a new negotiating text on the table by the end of the week.
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Getting down to business at U.N. climate talks a hard task
Central banks in debt-strapped countries have a golden opportunity ahead of them, if you will excuse the pun, to help their countries’ finances by selling their yellow metal holdings. At least, that is the message that Royal Bank of Scotland’s commodities chief Nick Moore has been giving in recent presentations — and he thinks it might happen. The gist is that gold is now at a record price but banks have not come close to meeting their sales allowance for the year
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Should central banks now sell gold?
Consumer confidence is perking up and with summer around the corner, Americans might be feeling a little more liberal with their travel budget, according to some trendwatchers and people in the travel industry. “Our train counts are three times what they were last year,” said Bruce Brossman, director of reservations and sales at the Grand Canyon Railway, which expected to sell out on Memorial Day weekend
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Did Americans drive more this Memorial Day?
For UC RUSAL, one simple act is crucial to reducing costs.
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Would the last person to leave the smelter please turn out the lights?
Dire predictions tend to grab the attention – especially when an international celebrity lends a voice. A report released in Britain this week with the unpromising title — the UK’s Industry Taskforce on Peak Oil & Energy Security – might have found only a specialised readership, but for the inclusion of Richard Branson’s Virgin Group in the six-member task force
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Branson’s Virgin Group gets into peak oil
