Wednesday, August 1, 2012

DailyMarkets.com - August Weather Critical To Success Of Soybean Crop

DailyMarkets.com - August Weather Critical To Success Of Soybean Crop


August Weather Critical To Success Of Soybean Crop

Posted: 01 Aug 2012 07:14 AM PDT

Wednesday, August 1, 2012
The condition of the U.S. Soybean crop continues to deteriorate, with the USDA reporting only 29% of the crop rated good to excellent, which is down 2% from last week, with the poor to very poor rating rising to 37%. Though timely rains in the next few weeks may help Soybeans, current weather forecasts are not predicting that much needed rainfall will be widespread the next several days.
Fundamentals
The devastating drought in the central part of the U.S. has already … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Central Bank News Link List – Aug 1, 2012

Posted: 01 Aug 2012 05:43 AM PDT

    Here’s today’s Central Bank News link list, click through if you missed the previous link list. The list is updated during the day with the latest news about central banks so readers don’t miss any important developments.

Fed, other central banks under pressure to curb recession risks (Washington Post)
U.S. raises pressure for euro zone crises action (Reuters)
Morgan Stanley forecasts BOE to expand QE, cut interest rate (Bloomberg)
China central bank arm … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Commodities May Face Broad Selling Pressure After Fed Rate Decision

Posted: 01 Aug 2012 03:55 AM PDT

Talking Points

Commodities Yield Mixed Results in Europe as Markets Wait for FOMC
Broad Selling Pressure May Emerge as Fed Disappoints Stimulus Hopes

Commodity prices are little changed near familiar levels in early European trade as markets wait for guidance from the Federal Reserve monetary policy announcement. Ben Bernanke and company appear likely to disappoint investors' hopes for further stimulus. This is likely to weigh on growth-linked crude oil and copper prices as hopes for a … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


No comments:

Post a Comment