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Commodities Movers

Tue, 21 May 2013 12:09:04 +0000

Corn is one of the biggest movers on the day. Corn futures are trading about 15 cents lower after the USDA released their planting progress report on Monday afternoon. Plantings for corn are about 71 percent completed. Farmers closed a huge chunk of the gap in which they were trailing the 5 year average by a huge amount. Now, they are very close to being on average and the emerging crops look like they are in good shape thus far. Corn prices will be facing a strong headwind this season if we have another week of solid plantings.

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Rain, Rain Go Away

Mon, 13 May 2013 16:44:35 +0000

Farmers across the Midwest, especially the western part, are hoping the rains will subside for a few weeks. Much of the Midwest has been too wet to plant corn and soybeans so far this season.

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Large Supplies Sink Crude Oil Futures

Wed, 01 May 2013 17:25:32 +0000

Crude oil lost about $2.50 on Wednesday, as a series of negative news items had traders running for the exits. The market was technically setup for a large move after an inside day was formed on Tuesday. An "inside day" refers to the market trading within the previous day's range. The following day is typically a powerful breakout in either direction.

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Gold Meltdown - How Low Can Gold Go?

Mon, 15 Apr 2013 14:40:47 +0000

Gold prices are in the midst of a complete meltdown. Gold traded about $144 lower on Monday, which is on the back of a large selloff late last week. Gold is now trading at $1,356 an ounce, down 9 percent on the day. Silver prices were in even worse shape. They lost about 11 percent on the day, ending at $23.36 an ounce.

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Natural Gas Finally Looking Brighter

Tue, 09 Apr 2013 10:18:45 +0000

Natural gas has finally gotten the feel of a bull market. This has been in the making for several years as gas prices have drifted lower into the abyss year after year.

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Commodities Trading on the go

Sun, 31 Mar 2013 20:10:23 +0000

If you haven't looked at the latest in technology in the commodities trading arena, it is certainly worth investigating. Many companies and brokers are making great strides in their trading platforms, as well as mobile applications.

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USDA Reports Sends Grains Lower

Thu, 28 Mar 2013 14:21:26 +0000

Corn soybeans and wheat had a rough day today. Farmers weren't too happy about the sharp reversal in the futures prices, as they look to price their grains for the upcoming season.

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Crude Oil Shakes Off Cyprus

Mon, 25 Mar 2013 16:59:02 +0000

Crude oil futures managed some decent gains today even though the stock market turn negative and the dollar traded higher.

Crude oil is trading just shy of $95, although the market traded well above that earlier in the day. Oil looks like it wants to go higher and many traders are still talking about $100 oil in the near future. It could conceivably get there if the financial markets don't unravel.

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How Safe are Commodity Brokers

Sun, 24 Mar 2013 08:43:22 +0000

This is an update on where the futures industry stands, as there is still a great deal of concern on whether another PFG Best fallout can happen. Many account holders at PFG lost a considerable amount of money. Most investors thus far only recovered about 30 to 50 percent of their money.

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Natural Gas Flirting With $4

Wed, 20 Mar 2013 16:08:48 +0000

Natural gas prices have been moving higher than many analysts expected, but it looks like the market still wants to go higher. Often when a commodity market keeps moving higher and it somewhat defies logic, it means that there is something more meaningful behind the rally. Thus, prices can keep going higher.

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