Commodity News

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Commodities: Beef prices go higher

Green Bay Press-Gazette - 4/22/2017 3:10:00 PM
Cattle futures rised over $1.30 per pound this week, reaching a 12-month high. Cattle are rallying as steer weights decline and beef export sales continue to boom. Alongside rising beef prices, cattle producers received more great news this week as corn ...

Futures File: Cattle prices rally as oil dips on rising U.S. supply

Oklahoma News - 4/23/2017 5:16:00 AM
Boosted beef prices and slipping oil lead this edition of Futures File, our weekly commodity wrap-up. Cattle futures charged over $1.30 per pound this week, reaching a 12-month high. Cattle are rallying as steer weights decline and beef export sales ...

A Shiny App for Importing and Forecasting Commodities Prices from Quandl

www.r-bloggers.com - 4/20/2017 12:00:00 AM
In a previous post, we imported oil data from Quandl and applied a simple model to it. Today, we’ll port that work over to a Shiny app (by way of flexdashboard, of course) that allows a user to choose a commodity (oil, copper or gold), choose a frequency ...

Macquarie Bank sees prices for Australia’s key commodity exports falling over the next 2 years

hellenicshippingnews.com - 4/20/2017 1:19:00 PM
Forecasting can be tough at the best of times. No one remembers when you’re right, but everyone seems willing to remind you when you’re wrong. And commodity forecasting, particularly after what has been seen over the past 14 months, is as tough as any ...

Bill Barrett Corporation Provides Commodity Price and Derivatives Update and Schedules First Quarter 2017 Financial Results Conference Call

prnewswire.com - 4/18/2017 8:50:00 PM
For the first quarter of 2017, West Texas Intermediate ("WTI") oil prices averaged $51.92 per barrel, Northwest Pipeline ("NWPL") natural gas prices averaged $2.99 per MMBtu and NYMEX natural gas prices averaged $3.32 per MMBtu. The Company had derivative ...

A Bullish Breakout for Silver Prices more Probable than Rally Reversal

commoditytrademantra.com - 4/18/2017 5:09:00 PM
Zachary Storella: Large speculators and traders continued to boost their bullish net positions in the silver futures markets last week for a third consecutive week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures ...

Traders Wait For Gold Prices Next Breakout

Yahoo Finance - 4/19/2017 1:49:00 PM
Traders Wait for Gold Prices Next Breakout Daily Resistance is Found at $1,292.50; Support $1,279.03 Looking for more trade ideas for gold and other commodities markets? Register for our Q2 price forecast HERE. After trading to new 2017 highs at $1,295.62 ...

What you can do to ease the current income squeeze from low farm commodity prices

Michigan State University - 4/19/2017 3:21:00 AM
If you think soil testing isn’t that important, think again. A systematic whole-farm soil testing program is the backbone of a good crop nutrient plan. Without soil test report information, you can only guess what’s going on regarding fertilizer needs.

Higher commodity prices the key to improving PNG credit ratings, says SP global ratings

news.pngfacts.com - 4/20/2017 10:17:00 PM
High debt and deficit levels are the reasons why ratings agency Standard & Poor’s (S&P) has kept its Papua New Guinea country rating at B+/B, with a negative outlook. S&P Director, Craig Michaels, tells Business Advantage PNG that higher commodity prices ...

Oil Prices Fall Amid Fears of a New Downtrend

Fox Business - 4/21/2017 9:05:00 PM
Many analysts had said oversupply has already faded, supporting higher commodity prices. Leaders of the Organization of the Petroleum Exporting Countries came out this week to say they are likely to extend output cuts introduced at the start of the year.