Week 10: 3. Cool Resources

1.http://www.brecorder.com/markets/commodities/america/92107-cbot-wheat-ends-up-on-weak-dollar-us-export-data-.html

Wheat futures on the Chicago Board of Trade crept higher for a fourth straight session on Friday, supported by a weaker US dollar and higher-than-expected weekly US wheat export sales, traders said.

2.http://www.brecorder.com/markets/commodities/america/92106-grains-week-ahead-corn-closing-the-gap-on-soybeans-.html

US corn prices are faring relatively better than those for soybeans, with the gap between the two narrowing from the widest in more than four years in September to just nine months now. And expectations are for corn to continue closing the spread with soybeans as export demand picks up due to shrinking supplies of corn in South America and feed wheat in Europe.

3.http://www.brecorder.com/markets/commodities/america/92011-argentina-201213-soy-area-seen-1935mn-hectares-govt-.html

Argentina’s 2012/13 soybean planting area is expected to be 19.35 million hectares, the Agriculture Ministry said in its monthly crop report on Thursday, leaving its previous forecast for the season unchanged. The Argentine government says the country can produce 55 million to 58 million tonnes of soybeans this crop year if the weather cooperates.

4.http://www.brecorder.com/markets/commodities/america/92107-cbot-wheat-ends-up-on-weak-dollar-us-export-data-.html

Wheat futures on the Chicago Board of Trade crept higher for a fourth straight session on Friday, supported by a weaker US dollar and higher-than-expected weekly US wheat export sales, traders said. CBOT grain trade closed two hours early because of the US Thanksgiving holiday weekend. CBOT December options expired at the close, with moderate open interest at the $8.50 strike helping to keep front-month wheat futures from falling very far below that level.

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