*Corn, wheat decline in profit-taking setback. CHICAGO, May 24- U.S. soybean futures fell on Friday for the first time in seven sessions and corn eased after two days of gains as investors squared positions ahead of the three-day U.S.» Read More
Arjuna Mahendran, MD & Head Investment Strategy Asia at HSBC Private Bank says that central banks are still fearful of cutting rates due to the risk of high inflation.
A drought-fueled rally in soybeans, corn and wheat is raising fears of another round of food price inflation, posing an unwelcome complication for policymakers, particularly in emerging Asia, where higher consumer prices may hinder their ability to ease monetary policy.
With nearly two-thirds of the US enduring drought conditions, food prices are expected to jump ahead of the November election. That could add to voter anxieties about the economy, the Christian Science Monitor reports.
Both corn and soybean prices have slid from Monday’s record highs and should be considered a buying opportunity if this pull-back continues in the short term, Erin FitzPatrick, Commodity Analyst at Rabobank, told CNBC.
The USDA slashed projections of corn production by a larger than expected amount, now predicting an average yield of 146 bushels an acre. "My concern is we're underestimating the scope of the problem," says Gulke, who also advises farmers on risk management tools like futures with The Gulke Group.
CNBC's Rick Santelli discusses the play on the USDA's cut in yield projections for corn, soybeans, and wheat, with Frank Lesh, FuturePath Trading
CNBC's Jane Wells reports on the latest trades in corn and grain after a government report predicts significant cuts in yields.
A look at why commodity prices are skyrocketing as a result of this summer's drought, with Jason Roose, U.S. Commodities analyst.
Gaurav Sodhi, Resources Analyst at Intelligent Investor says the impact of Norway's labor dispute on the energy markets has shown the lack of excess capacity in global supply.
Soft commodities such as soy and corn should be used by investors to protect against inflation in the same way as gold, according to the founding partner of GAIA Capital, John Coast Sullenger.
Jonathan Barratt, CEO & Founder, Barratt's Bulletin says that gold is losing its safe haven appeal.
Tom Essaye, Editor, Money and Markets says things are improving in corn & soybean markets due to hot weather concerns.
A look at the latest market moves and how to trade them, with Jack Bouroudjian, Bull and Bear Partners CEO.
Abah Ofon, Director, Agricultural Commodities Analyst, Global Research, Standard Chartered says demand for palm oil in Southeast Asia is robust.
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 rising U.S. dollar is exerting major pressure on commodity prices and in turn could be setting up a prime buying opportunity in grains, energy and—yes—even gold.
Luke Chandler, Director of Agri Commodity Markets Research at Rabobank believes that Arabica coffee, oilseeds & old corn crop are most undervalued at the moment.
Tom Essaye, President, Kinsale Trading says while gold hasn't behaved like a safe haven, it could benefit from a worsening from the European debt crisis.
Jonathan Barratt, Founder, Barratt's Bulletin and Jack Bouroudjian, Bull and Bear Partners discuss their outlook for gold.
CNBC's Rick Santelli discusses the latest action in the bond market.