Category Archives: Commodities
FT.com / Commodities – Grain prices surge as inventories fall further. Advertisements
“…The ministry aims to control losses from the outbreaks to less than five percent. Earlier, the wheat crop in China, the world’s largest consumer, has been hit by drought, although irrigation has helped improve soil moisture….” via China reports wider … Continue reading
“Unfortunately, the chart is profoundly misleading. Its use of different scales on the vertical axes and decision to show changes only since 2000 gives a grossly distorted view of co-movements in commodity prices and industrial output.” via FT Alphaville » … Continue reading
Antofagasta declares special pay-out A fivefold rise in the pay-out for 2010 offered proof of the copper market’s financial impact on the mining industry. Freeport-McMoRan, the US copper miner, also declared a 100 cents special dividend for 2010 to clear … Continue reading
NEW YORK, Feb 17 (Reuters) – Cliffs Natural Resources Inc (CLF.N) is boosting its U.S. exports of iron ore pellets by up to five times this year to take advantage of “exceptionally high” global prices driven by growing demand from … Continue reading
Arcelor, partner in virtual takeover of iron-ore giant – The Economic Times.
via YouTube – Why Global Food Prices Are Rising: CFR’s Laurie Garrett Explains.