Corn surges as lower prices may spur demand

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Farm commodities apart from sugar moved higher on Tuesday amid broadly weaker US Dollar and speculation that lower prices will attract more demand from importers. However, eased concerns over strikes in Brazil limited gains. Brazilian government agreed to meet unions to discuss unpopular port privatization plan.

Wheat bounced off an eight-week low on talks that a recent decline in prices may boost demand from livestock producers. At the same time, improved weather conditions in the US Great Plains restricted further jump in wheat futures.

Corn rallied on hopes lower prices will result in an increase in demand from livestock and ethanol producers. According to the latest EIA report, US ethanol output jumped 1% to 797,000 barrels per day last week.

Sugar was the only loser as the International Sugar Organization upgraded its forecast for the global sweetener's surplus last week.

Coffee rebounded on speculation Brazilian government will offer growers options with a minimum price to support the industry. Moreover, talks that Guatemala, the largest producer in Central America, will see its output falling 50% this year because of coffee leaf rust sent coffee futures higher.
Back to articles

Actual Topics

Wed, 27 Feb 2013 11:47:03 GMT

Pound Dropped Against Euro on Economy Shrank

The Pound depreciated versus the Euro as the U.K. data showed the country's economic growth slowed down in the last quarter of 2012. According to the report, the U.K. economy contracted 0.3% during the last quarter, after growing 0.9% in the previous quarter. Sterling dropped 0.3% against the Euro to 86.62 pence per Euro, following decline to 88.15 pence per

Wed, 27 Feb 2013 10:38:04 GMT

Brent oil plunges as Iranian sanctions may be eased

Energy futures ended Tuesday's session in red after the American Petroleum Institute reported an increase in the US inventories. Moreover, easing supply concerns added pressure on the commodity complex. Iran is preparing its offer to a proposal by US and other countries to remove some sanctions. Crude oil dropped after the American Petroleum Institute said US stockpiles advanced 904,000 barrels last

Subscribe to "Fundamental Analysis" feed

Subscrever
Para saber mais sobre a plataforma de negociação Dukascopy Bank CFD / Forex, SWFX e outras informações relacionadas com negociação,
por favor entre em contato conosco ou faça um pedido de retorno de chamada.
Para obter mais informações sobre uma potencial cooperação,
ligue-nos ou faça-nos um pedido para ser contactado.
Para saber mais sobre as opções binárias do Dukascopy Bank / Plataforma de negociação Forex, SWFX e outras informações relacionadas com Trading,
ligue-nos ou faça-nos um pedido para ser contactado.
Para saber mais sobre a plataforma de negociação Dukascopy Bank CFD / Forex, SWFX e outras informações relacionadas com negociação,
por favor entre em contato conosco ou faça um pedido de retorno de chamada.
Para saber mais sobre a plataforma de Trading / Trading de Crypto/ CFD / SWFX e outras informações relacionadas à negociação,
ligue-nos ou faça-nos uma pedido para ser contactado.
Para saber mais sobre o programa de Introdutor de Negócios e outras informações relacionadas à negociação,
ligue-nos ou faça-nos uma pedido para ser contactado.
Para obter mais informações sobre uma potencial cooperação,
ligue-nos ou faça-nos um pedido para ser contactado.