April 30, 2010

Charges: Bad Chinese magnesium entered US arsenal (AP)

Federal authorities in New York say they ve uncovered a scheme involving substandard magnesium powder from China that made it into the U.S. Defense Department s arsenal.

Categories: Commodities Trading 

[$$] PAA IPO Rises 8.1%, Ending Rocky Month (at The Wall Street Journal)

PAA Natural Gas IPO Climbs The offering from PAA Natural Gas scored on two counts: the IPO priced above its expected range and it traded higher.

Categories: Commodities Trading 



Bank of America, Occidental Petroleum: Money Flow Leaders (BAC, OXY) (at The Wall Street Journal)

Bank of America, Occidental Petroleum: Money Flow Leaders Markets Data Center: Money Flow Leaders.

Categories: Commodities Trading 

KY mountaintop mining OK with Senate front-runners (AP)

Leading candidates for U.S. Senate in Kentucky, a top coal-producing state, are tolerant of a controversial mining practice often referred to as mountaintop removal.

Categories: Commodities Trading 

Futures Movers: Crude oil gains as investors focus on weak dollar (at MarketWatch)

Crude-oil prices settled higher for a third straight session Friday, as inventors focused on the positive macroeconomic news of the day and a weaker dollar to continue to push prices up.

Categories: Commodities Trading 

Oil prices settle above $86 on improving economy (AP)

Oil prices climbed above $86 Friday as the government reported the economy expanded in the first quarter and on growing concern that an oil spill in the Gulf of Mexico will affect supply.

Categories: Commodities Trading 

Gulf oil spill not affecting corn, soybeans prices (at MarketWatch)

The oil spill has not yet disrupted shipping lanes in the Gulf, although the situation could worsen. Grains from the Midwest and other points in the U.S. are exported through the ports of New Orleans and Houston, with soybeans shipments slowing down this time of the year and corn shipments starting to pick up, particularly [...]

Categories: Commodities Trading 

Grains futures mostly up; Livestock prices rise (AP)

Grains futures traded mostly higher Friday on the Chicago Board of Trade. Wheat for July delivery rose 5 cents to $5.005 a bushel; July corn gained 2.25 cents to $3.7125 a bushel; July soybeans added 2.5 cents to $9.985 a bushel; and July oats were flat at $2.12 a bushel.

Categories: Commodities Trading