Browse tag

forecast

Home / Posts Tagged "forecast"

Latest Posts

Citrus greening cuts Florida orange forecast to lowest since 1990

Orange juice futures are expected to rise after a widespread citrus greening disease, more properly known as Huanglongbing or HLB, in Florida is causing fruit to drop early. Orange juice futures in New York will rally 18 percent to $1.6465 a pound by

Commodity Outlook – Forecast 2013

The World bank has just released its latest commodity forecast report which looks at not only historical commodity prices but also forecasts for a wide range of commodity cost drivers in the global economy. You can access the Worldbank commodity

Palm Oil Seen Advancing 23%

At a time when consumers are focused on food costs that are within about 3 percent of a record, stockpiles of edible oils needed to make everything from noodles to fish sticks are dropping to a 3-decade low. The combined

Commodities Slump a Second Day on Japan Nuclear Crisis, Economy – Bloomberg.com

Commodities slid the most in four weeks, led by declines in oil, wheat and industrial metals, after Japan raised the severity rating of its nuclear crisis and earthquakes struck the nation. The Standard & Poor’s GSCI spot index of 24

Nucor provides first-quarter guidance – MarketWatch

“As we expected, our profitability has improved each month from the beginning of the quarter to the end of the quarter, as utilization rates increased and as price increases for steel mill products caught up with higher raw material costs,”

THE MEPS GLOBAL STEEL PRICE JUMPS 10 PERCENT IN FEBRUARY

Good overall demand helped mills in all regions to implement price hikes in February as they attempted to recover their escalating input costs. Weakening of the US dollar against many Asian and EU currencies added to the upward trend in

Higher Grain Prices Start Pinching Consumers; USDA Expects Food Prices to Jump – WSJ.com

The surge in grain prices that has been stoking food inflation for months in much of the world is beginning to seep into U.S. supermarkets and restaurants. U.S. food prices will jump between 3% and 4% this year, the U.S.

Farmers Fail to Meet Demand as Corn Stockpiles Drop to 1974 Low – Bloomberg.com

The smallest corn inventories in 37 years are a sign farmers around the globe are failing to produce enough grain to meet rising consumption, even as planting expands and food prices surge. Growers from Canada to Russia boosted annual output

Corn Futures Surge on Lower Forecast – WSJ.com

Federal forecasters predict U.S. corn supplies will hit lows not seen in 15 years as record ethanol production raised new concerns about whether farmers can keep pace with demand for grain. The U.S. Department of Agriculture cut its estimate of

RAMPANT STEEL PRICE RISES IN EU MARKET – MEPS

Although consumption has changed very little, domestic producers are attempting to lift second quarter offers because of raw material price developments and energy cost increases. Outlay on iron ore is forecast to rise and coking coal shipments from Australia are