*Corn posts sixth straight weekly loss. "Weather forecasts continue to trend more and more beneficial as we enter the key soy development month," said Matt Zeller, director of market information at INTL FCStone said in a note to clients.» Read More
*Containers cheap to Asia due to its consumer goods exports. LONDON, Feb 14- Food importers in Asia are switching from dry bulk cargo ships to container vessels, which normally carry goods such as toys and TVs, as they offer a way to import smaller amounts and can be cheaper per tonne.
CHICAGO, Feb 5- U.S. grain futures edged higher on Wednesday on technical buying, while profit-taking pushed soybean meal futures down sharply after a rally in the previous session. U.S. soymeal has been in demand as output has slowed from Argentina, the world's top supplier of the livestock feed.
CHICAGO, Feb 5- Profit-taking pushed U.S. corn and soybean meal futures lower on Wednesday as the markets pulled back from rallies the previous session. U.S. soymeal has been in demand as output has slowed from Argentina, the world's top supplier of the livestock feed.
Front-month natural gas futures on the New York Mercantile Exchange rose 41.2 cents, or 8.4 percent, to $5.317 per million British thermal units by 3:34 p.m. EST.
Beef has never been more expensive, and rarely more controversial. From top-end T-bone to Big Mac, the future of the beef industry is at stake.
Greg Smith, Group CEO, Global Commodities Ltd says that speculators are still short commodities and that investors are not picking up on the protein theme yet.
A Chinese trade delegation signed agreements with U.S. grain companies on Wednesday to buy 8.62 million metric tons of soybeans from the United States and will ink more deals on Thursday for a record-setting purchase topping 12 million metric tons.