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Wheat Retreats as Price Surge May Curb Demand; Soybeans Near $15
Wheat declined on speculation the biggest gain in almost a month may curb purchases as investors weigh the outlook for crops in the U.S. after freezing weather.
Soybean Exports Seen Falling by Oil World on China Demand
The pace of soybean exports from the U.S. and South America probably will slow through the end of the season as Chinese demand declines because of ample stockpiles, Oil World said.
GRAINS-Wheat jumps 3 pct on U.S. Plains frost, Ukraine tensions
Freeze warnings posted in southern U.S. Plains
* Trades monitor separatist unrest in Ukraine
* Corn follows wheat; strong export data lends support
* Coming up: weekly USDA crop progress report at 2000 GMT
Speculators Boost Bullish Oil Wagers on OPEC Output Drop
A drop in OPEC production came just as refineries began looking for supply, helping boost bullish speculative bets on crude last week by the most since July.
Gold Trades Below Two-Week High as China Weighed Vs Fed
Gold traded near a two-week high in New York, heading for a weekly advance, as investors weighed the outlook for U.S. stimulus and tension in Ukraine against signs of slowing demand from China.
Soybeans Climb to 10-Month High on U.S. Inventory Outlook
Soybean futures rose to a 10-month high on speculation the government will lower its estimate for inventories in the U.S., the world's top producer. Corn climbed to a one-week high, and wheat dropped.
Dow Jones Ind. Avg.Company ID [INDEXDJX:.DJI]Last trade:16,424.85 Trade time:4:31PM EDT Value change:▲162.29 (1.00%)
S&P 500 IndexCompany ID [INDEXSP:.INX]Last trade:1,862.31 Trade time:4:31PM EDT Value change:▲19.33 (1.05%)
NASDAQ CompositeCompany ID [INDEXNASDAQ:.IXIC]Last trade:4,086.23 Trade time:5:15PM EDT Value change:▲52.06 (1.29%)
adrian muller has conducted seminars for the chicago board of trade, including a key series in 1999 which cautioned about a top in the equity markets (see his article “top experts and statistics on the dow”). adrian muller has appeared on cable tv financial programs with analysis on the futures markets and equity market directional forecasts. he has been quoted in barron's, the wall street journal, and futures magazine.