Corn slid amid speculation about further price decrease

Note: This section contains information in English only.
Source: Dukascopy Bank
Rural commodities were mixed on Wednesday amid the Euro Zone's turmoil and favorable weather conditions in the US.

Wheat tumbled as speculation that the US inventories will be higher this season pushed the price down.

Corn was the top-loser after news that corn price is expected to fall during 2012-2013 season to a range between 4 and 5 US Dollars per bushel.

Sugar was flat, remaining near 20-month low. Demand slightly rebounded as buyers of the sweetener from Thailand are paying 1.7 cents premium per pound over the price of the next month contract.

Coffee was almost unchanged as Colombia announced a 11% increase in coffee harvest last month while Brazilian crops are expected to be ample.


Back to articles

Actual Topics

Thu, 10 May 2012 17:38:10 GMT

Coalition negotiation in Greece passed to former finance minister

After failed coalition formation negotiation led by Alerxis Tsipras, leader of Syriza, mandate was passed to former finance minister Evangelos Venizelos, leader of Pasok party. Negotiations failed after Pasok rejected Syriza's proposal to cancel commitments regarding aid packages to Greece's economy worth EUR 240b. According to some specialists political turmoil which lasts for four days now raised the risk that

Thu, 10 May 2012 16:10:12 GMT

Brent oil flat on demand concerns from the Euro Zone

Energy markets were mostly higher on Wednesday as news that Greece will receive the latest bailout package eased worries about crisis in the region.Crude oil was the only loser as US inventories continued to stockpile. Moreover, increasing oil supplies from the OPEC continued to create additional pressure on the crude oil's price.Brent oil was marginally higher as demand concerns slightly

Subscribe to "Fundamental Analysis" feed

Subscribe
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
For further information regarding potential cooperation,
please call us or make callback request.
Aby dowiedzieć się więcej o Opcjach Binarnych w Banku Dukascopy / platformach handlowych Forex, SWFX, oraz innych,
zadzwoń do nas lub pozostaw prośbę o oddzwonienie.
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.