Courtesy of Indiana Grain
CFTC Rattles CME Wheat
by: Thomas Grisafi –
We at Indiana Grain have watched wheat slide this morning and it has brought corn and beans right down with it.
As reported by Reuters, a possible move by the Commodity Futures Trading Commission to implement variable storage rates for the Chicago Board of Trade 2009 December wheat contract jolted traders Thursday and sparked heavy spread trading.
“It really took us off guard and creates a lot of uncertainty,” said one wheat broker on the C
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New Oil ETF Emerges in Controversy
The creators of United States Oil (USO) and United States Natural Gas (UNG) have launched a new fund, the United States Short Oil Fund (DNO).
The premiere of DNO comes at a difficult time for leveraged and commodity ETFs, as regulatory uncertainty
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Platts to Start Physical Commodities Index?
Energy and metals information provider Platts said on Thursday it was looking into setting up an index that would give investors exposure to physical commodities such as oil and metals.
“There is an increasing demand to have exposure in the physic
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Frost Unlikely to Hurt Corn
With fall harvesting in full swing, producers across the United States report a corn crop for the record books because of favorable growing conditions and an improbable threat of early frost.
If forecast yields are correct, the 2009 crop will be t
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Paul Tudor Jones Getting a New Neighbor?
It looks like Apple is setting up shop in the “U.S. hedge fund capital,” Greenwich, Conn.
AppleInsider noted the technology giant has begun building a retail store in the “classy, pricey destination.”
Like Silicon Valley, Calif., is to
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