The big unknown for U. S. corn and soybean prices – planting intentions – will likely keep the prices of both on edge over the next couple months. U. S. planted acreage is always fodder for traders at this time of year, as farmers pencil out seed and fertilizer costs. But the biggest factor is
U. S. plantings guesses key for CBOT grains prices
Electronic trading the pits, traders say
Electronic trading of grains is now dominating markets that not long ago were the last bastion of arm-waving, shouting pit brokers, but the easy access to prices and speed has come at a price – wild market swings and lack of trust that is driving away users. The focus of the controversy on the Chicago
Cargill posts healthy profit
Cargill Inc. posted a 62 per cent rise in quarterly earnings Oct. 13, led largely by its industrial business. Cargill, one of the world’s largest private corporations, said earnings rose to $1.49 billion in the first quarter ended Aug. 31 from $917 million a year earlier. “Cargill realized a strong start to our new fiscal