Sugar Climbs on Russia, Pakistan Crop Damage; Coffee Gains; Cocoa Declines
By Claudia Carpenter and Yi Tian – Aug 13, 2010 2:39 PM est

Sugar rose to the highest price in two weeks on speculation that Russia and Pakistan may boost imports as adverse weather cut production. Coffee gained, and cocoa fell.

Russia’s raw sugar imports for the year starting Oct. 1 may be 10 percent to 20 percent higher than last season after drought hurt the nation’s sugar-beet crop, according to Raphael Verley, the raw-sugar desk manager at Sucres et Denrees SA in Paris. Pakistan’s deadliest-ever floods destroyed 200,000 acres of cane, the country’s farmer group said.

“The next month’s weather forecast will be crucial,” Verley said. Increased imports in Russia should be “mainly initiated from the first quarter of next year,” he said.

Raw sugar for October delivery rose 0.45 cent, or 2.4 percent, to settle at 19.42 cents a pound at 2 p.m. on ICE Futures U.S. in New York. The closing price was the highest since July 30. Sugar jumped 6.5 percent this week, the fourth gain in five weeks.

Refined sugar for October delivery added 30 cents to settle at $549.90 a metric ton on London’s Liffe exchange at 5:30 p.m. local time.

Pakistan purchased 205,000 tons of imported white sugar on Aug. 9, after securing 320,000 tons five days earlier. Flooding, which started July 22, has “not finished, so damage could continue,” said Michael McDougall, a senior vice president at Newedge USA, a broker in New York.

Arabica coffee for December delivery added 0.05 cent to close at $1.776 a pound at 2 p.m. in New York. The commodity climbed 6.1 percent this week. Robusta-coffee futures for November delivery rose $2, or 0.1 percent, to settle at $1,768 a ton at 5:30 p.m. London time.

Cocoa futures for December delivery slipped $19, or 0.7 percent, to close at $2,885 a ton at 11:58 a.m. in New York, bringing this week’s decline to 4.9 percent. In London, cocoa futures for September delivery dropped 18 pounds, or 0.8 percent, to 2,109 pounds ($3,291) a ton.

BEIJING, Aug 9 (Reuters) – China’s corn supply is expected to remain tight in the coming crop year that starts from October, although output this year is on track to rise from 2009 because of acreage increases, industry participants said on Tuesday.
Recent floods in northeast Jilin province, a major corn producer, were unlikely to have a very negative impact on production as little corn was planted in affected areas, they added.
“The recovery in feedmeal demand and year-end holiday consumption will help to keep prices at high levels despite a possible output increase,” said an analyst with Chicorn Network.
“Chinese users from the feedmeal sector are keen to buy more U.S. corn because of strong demand,” said a corn manager with Cofco’s corn unit.
Chinese importers have booked 1.25 million tonnes of corn from the U.S. so far this year on an output fall last year and a rise in consumption, the largest volume in a decade.
Besides feedmeal demand, government reserve houses were likely to buy a large volume of the crop after the coming harvest to refill dwindling stocks, said analysts.
The government sold a total of 1.04 million tonnes of corn on Thursday during its weekly auction, 66 percent of the 1.58 million tonnes it offered for sale.
Analysts expect corn output in 2010 to rise by more than 10 million tonnes from last year. (Reporting by Zheng Xiaolu and Tom Miles; Editing by Chris Lewis)
2010-08-10 12:20:00

Kevin Kerr “THERE IS NO MEANS OF AVOIDING THE FINAL COLLAPSE OF A BOOM BROUGHT ABOUT BY CREDIT EXPANSION. THE ALTERNATIVE IS ONLY WHETHER THE CRISIS SHOULD COME SOONER AS THE RESULT OF A VOLUNTARY ABANDONMENT OF FURTHER CREDIT EXPANSION OR LATER AS A FINAL AND TOTAL CATASTROPHE OF THE CURRENCY SYSTEM INVOLVED.”
Ludwig von Mises – …

Some Fan Replies on the KTI Facebook Page

Bill Davis Wow! Scary
Chad Castellanos Human action will open your eyes to reality
17 hours ago · Like ·
Natascha Niffka so you think harry s. dent is right about the stock market heading to 3000?
14 hours ago · Like ·
Kevin Kerr No…but I think a major shift is coming. I think a crisis of confidence of epic proportions is very plausible….(:
13 hours ago · Like ·
Robert Mochwart Very likely. Just came back from a week long seminar at the Mises Institute in Alabama and your sentiments echo those of several of the speakers there.
12 hours ago · Like ·
Natascha Niffka i guess the great boom is behind us
11 hours ago · Like ·
James Krumenacher Great quote…great. Have to remember that one. Says it all in one concise statement…
about a minute ago · Like ·

UPDATE 1-U.S. corn, soy ratings unchanged despite heat
8-9-2010 16:11 UPDATE 1-U.S. corn, soy ratings unchanged despite heat
* USDA says US corn crop rated 71 pct good to excellent
* USDA says US soybean crop rated 66 pct good to excellent
* Analysts had forecast corn ratings 70 pct, soy 65 pct
(Updates with figures from USDA, adds new analyst quote)
By Mark Weinraub
CHICAGO, Aug 9 (Reuters) – U.S. corn and soybean conditions
held steady this week, topping forecasts for a 1 percentage
point drop for both crops due to hot weather, the U.S.
government said on Monday.
The U.S. Agriculture Department’s report pegged the corn
crop at 71 percent good to excellent as of Aug. 8, unchanged
from a week earlier. Soybean ratings were 66 percent good to
excellent, also in line with a week ago.
Analysts had been expecting corn ratings of 70 percent good
to excellent and soybean ratings of 65 percent good to
excellent, according to a Reuters poll.
The ratings will provide more fodder for bearish traders
who pushed corn and soybean futures prices near session lows at
the close of trading at the Chicago Board of Trade on Monday.
“Everyone was kind of looking for a little bit of a
decline,” said Chad Henderson, grain market advisor with Prime
Agricultural Consultants in Brookfield, Wisconsin. “It is just
going to put a softer tone (to the overnight session).”
<^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
Reuters Graphic on corn ratings:

http://r.reuters.com/mum95m

Reuters Graphic on soybean ratings:

http://r.reuters.com/qum95m

^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>
USDA also said that wheat harvest was running behind
schedule at a time when the world was looking for bumper
production from the United States to make up for smaller crops
in drought-stricken Russia.
The U.S. winter wheat crop was 87 percent harvested, below
the five-year average of 93 percent. Spring wheat harvest was
20 percent complete compared with the five-year average of 28
percent.
A week ago, the USDA rated the corn crop 71 percent good to
excellent. Soybeans were 66 percent good to excellent as of
Aug. 2.
Overall, the crops were still in good shape as farmers
prepare for harvest during the next few months.
A year ago, USDA rated the corn crop 68 percent good to
excellent and soybeans were 66 percent good to excellent.
Good-to-excellent ratings for soybeans have fallen from a
high of 75 percent in early June. Corn ratings were down from
76 percent good to excellent during the same period.
Ratings typically peak early in the summer if the crops are
planted in a timely fashion in good soil conditions.
Analysts’ estimates for corn ratings ranged from 68 to 71
percent in the good to excellent categories while forecasts for
soybean ratings ranged from 64 to 66 percent good to
excellent.
(Reporting by Mark Weinraub; editing by Jim Marshall)
((mark.weinraub@thomsonreuters.com; +1 312 408 8587; Reuters
Messaging: mark.weinraub.reuters.com@reuters.net))
((For help: Click “Contact Us” in your desk top, click here
[HELP] or call 1-800-738-8377 for Reuters Products and
1-888-463-3383 for Thomson products; For client training:
training.americas@thomsonreuters.com ; +1 646-223-5546))
Keywords: US GRAINS/PLANTING

RIC: N2_UBMS PNAC: nN09170795
RET GNLN
[Related Stories]

DJ SURVEY: USDA August Corn, Soybean Production Report
July 2009
Average Range USDA Production
Corn (23) 13.282 13.120-13.524 13.245 13.110
Soybeans (23) 3.366 3.290-3.432 3.345 3.359

Yield

July 2009
Average Range USDA Yield
Corn (23) 164.1 162.0-167.4 163.5 164.7
Soybeans (23) 43.2 42.0-44.0 42.9 44.0

Corn Corn Soy Soy
Production Yield Production Yield
ABN Amro 13.284 164.0 3.354 43.0
ADM Inv Services 13.332 165.0 3.432 44.0
AgResource 13.252 163.6 3.432 44.0
AgriSource 13.244 163.3 3.364 43.1
Agrivisor 13.236 163.4 3.373 43.3
Allendale 13.524 167.0 3.345 42.9
Citigroup 13.360 164.9 3.307 42.4
Doane 13.178 163.0 3.350 43.1
Farm Futures 13.470 167.4 3.410 43.8
FC Stone 13.430 165.8 3.428 44.0
Globl Cmd Anlytics 13.206 162.3 3.361 43.2
*Informa 13.448 166.0 3.389 43.5
Kropf and Love 13.325 164.5 3.354 43.0
Linn Group 13.127 162.1 3.331 43.2
Macquarie Bank 13.203 163.0 3.345 43.0
Mdwest Mrkt Solutn 13.300 164.0 3.350 42.0
N. Am Risk Mgmt 13.120 162.0 3.290 42.2
Newedge 13.197 163.3 3.384 43.5
Prime Ag 13.284 164.0 3.354 43.0
Prudential Bache 13.291 164.3 3.362 43.1
Risk Mgmt Comm 13.210 164.1 3.360 43.5
RJ O’Brien 13.170 162.6 3.409 43.7
US Commodities 13.292 164.1 3.345 42.9

-By Andrew Johnson Jr, Ian Berry, and Tom Polansek; Dow Jones Newswires;
312-347-4604; andrew.johnsonjr@dowjones.com

Click here to go to Dow Jones NewsPlus, a web front page of today’s most
important business and market news, analysis and commentary:
http://www.djnewsplus.com/access/al?rnd=xnmeje6ZQHSlWnVB4dAOvw%3D%3D. You can
use this link on the day this article is published and the following day.

(END) Dow Jones Newswires
August 09, 2010 17:11 ET (21:11 GMT)
Copyright (c) 2010 Dow Jones & Company, Inc.
[Related Stories]

SURVEY: August US Grain, Soybean Carryout Forecasts
CHICAGO (Dow Jones)–The following are analysts’ estimates in billions of
bushels for 2009-10 and 2010-11 U.S. grain and soybean ending stocks, as
compiled by Dow Jones Newswires.
The U.S. Department of Agriculture is scheduled to release updated supply
and demand tables at 8:30 a.m. EDT (1230 GMT) Thursday. Parentheses denote the
number of estimates in that average and range.

2009-10

July
2009-10 2008-09
Average Range USDA USDA
Corn (13) 1.459 1.390-1.523 1.478 1.673
Soybeans (13) 0.166 0.153-0.181 0.175 0.138

Corn Soybeans
ADM Inv Services 1.428 0.160
AgResource 1.518 0.162
Agrivisor 1.478 0.175
Allendale 1.453 0.181
Citigroup 1.478 0.165
Doane Advisory Srvcs 1.438 0.165
Farm Futures 1.427 0.153
Kropf and Love 1.428 0.165
Newedge USA LLC 1.428 0.155
N Am Risk Man. 1.478 0.160
PFG Best 1.390 0.165
Prudential Bache 1.503 0.175
US Commodities 1.523 0.175

2010-11

July
Average Range USDA
Corn (20) 1.307 0.970-1.535 1.373
Soybeans (20) 0.334 0.275-0.404 0.360
Wheat (16) 0.982 0.800-1.132 1.093

Corn Soybeans Wheat
ABN Amro 1.350 0.350 1.040
ADM Inv Services 1.260 0.377 n/a
AgResource 1.405 0.404 n/a
AgriSource 1.300 0.350 0.875
Agrivisor 1.264 0.378 0.800
Allendale 1.522 0.366 0.964
Citigroup 1.388 0.282 1.073
Doane Advisory Srvcs 1.075 0.300 1.008
Farm Futures 1.535 0.303 0.930
Global Comm Analytics 0.970 0.329 1.035
Kropf and Love 1.303 0.360 0.947
Macquarie Bank 1.306 0.287 0.980
Midwest Mkt Sol 1.400 0.340 1.010
Newedge USA LLC 1.150 0.290 1.132
N Am Risk Man. 1.148 0.275 0.998
PFG Best 1.295 0.340 0.910
Prime Ag 1.412 0.360 1.043
Prudential Bache 1.394 0.335 0.971
Risk Management Comm. 1.300 0.300 n/a
US Commodities 1.365 0.350 n/a

-By Andrew Johnson Jr., Tom Polansek, and Ian Berry, Dow Jones Newswires;
312-347-4604; andrew.johnsonjr@dowjones.com

Click here to go to Dow Jones NewsPlus, a web front page of today’s most
important business and market news, analysis and commentary:
http://www.djnewsplus.com/access/al?rnd=xnmeje6ZQHSlWnVB4dAOvw%3D%3D. You can
use this link on the day this article is published and the following day.

(END) Dow Jones Newswires
August 09, 2010 17:33 ET (21:33 GMT)
Copyright (c) 2010 Dow Jones & Company, Inc.
[Related Stories]
strong>CST DJ SURVEY: USDA August Corn, Soybean Production Report
July 2009
Average Range USDA Production
Corn (23) 13.282 13.120-13.524 13.245 13.110
Soybeans (23) 3.366 3.290-3.432 3.345 3.359

Yield

July 2009
Average Range USDA Yield
Corn (23) 164.1 162.0-167.4 163.5 164.7
Soybeans (23) 43.2 42.0-44.0 42.9 44.0

Corn Corn Soy Soy
Production Yield Production Yield
ABN Amro 13.284 164.0 3.354 43.0
ADM Inv Services 13.332 165.0 3.432 44.0
AgResource 13.252 163.6 3.432 44.0
AgriSource 13.244 163.3 3.364 43.1
Agrivisor 13.236 163.4 3.373 43.3
Allendale 13.524 167.0 3.345 42.9
Citigroup 13.360 164.9 3.307 42.4
Doane 13.178 163.0 3.350 43.1
Farm Futures 13.470 167.4 3.410 43.8
FC Stone 13.430 165.8 3.428 44.0
Globl Cmd Anlytics 13.206 162.3 3.361 43.2
*Informa 13.448 166.0 3.389 43.5
Kropf and Love 13.325 164.5 3.354 43.0
Linn Group 13.127 162.1 3.331 43.2
Macquarie Bank 13.203 163.0 3.345 43.0
Mdwest Mrkt Solutn 13.300 164.0 3.350 42.0
N. Am Risk Mgmt 13.120 162.0 3.290 42.2
Newedge 13.197 163.3 3.384 43.5
Prime Ag 13.284 164.0 3.354 43.0
Prudential Bache 13.291 164.3 3.362 43.1
Risk Mgmt Comm 13.210 164.1 3.360 43.5
RJ O’Brien 13.170 162.6 3.409 43.7
US Commodities 13.292 164.1 3.345 42.9

-By Andrew Johnson Jr, Ian Berry, and Tom Polansek; Dow Jones Newswires;
312-347-4604; andrew.johnsonjr@dowjones.com

Click here to go to Dow Jones NewsPlus, a web front page of today’s most
important business and market news, analysis and commentary:
http://www.djnewsplus.com/access/al?rnd=xnmeje6ZQHSlWnVB4dAOvw%3D%3D. You can
use this link on the day this article is published and the following day.

(END) Dow Jones Newswires
August 09, 2010 17:11 ET (21:11 GMT)
Copyright (c) 2010 Dow Jones & Company, Inc.
[Related Stories]

CST DJ SURVEY: August US Grain, Soybean Carryout Forecasts
CHICAGO (Dow Jones)–The following are analysts’ estimates in billions of
bushels for 2009-10 and 2010-11 U.S. grain and soybean ending stocks, as
compiled by Dow Jones Newswires.
The U.S. Department of Agriculture is scheduled to release updated supply
and demand tables at 8:30 a.m. EDT (1230 GMT) Thursday. Parentheses denote the
number of estimates in that average and range.

2009-10

July
2009-10 2008-09
Average Range USDA USDA
Corn (13) 1.459 1.390-1.523 1.478 1.673
Soybeans (13) 0.166 0.153-0.181 0.175 0.138

Corn Soybeans
ADM Inv Services 1.428 0.160
AgResource 1.518 0.162
Agrivisor 1.478 0.175
Allendale 1.453 0.181
Citigroup 1.478 0.165
Doane Advisory Srvcs 1.438 0.165
Farm Futures 1.427 0.153
Kropf and Love 1.428 0.165
Newedge USA LLC 1.428 0.155
N Am Risk Man. 1.478 0.160
PFG Best 1.390 0.165
Prudential Bache 1.503 0.175
US Commodities 1.523 0.175

2010-11

July
Average Range USDA
Corn (20) 1.307 0.970-1.535 1.373
Soybeans (20) 0.334 0.275-0.404 0.360
Wheat (16) 0.982 0.800-1.132 1.093

Corn Soybeans Wheat
ABN Amro 1.350 0.350 1.040
ADM Inv Services 1.260 0.377 n/a
AgResource 1.405 0.404 n/a
AgriSource 1.300 0.350 0.875
Agrivisor 1.264 0.378 0.800
Allendale 1.522 0.366 0.964
Citigroup 1.388 0.282 1.073
Doane Advisory Srvcs 1.075 0.300 1.008
Farm Futures 1.535 0.303 0.930
Global Comm Analytics 0.970 0.329 1.035
Kropf and Love 1.303 0.360 0.947
Macquarie Bank 1.306 0.287 0.980
Midwest Mkt Sol 1.400 0.340 1.010
Newedge USA LLC 1.150 0.290 1.132
N Am Risk Man. 1.148 0.275 0.998
PFG Best 1.295 0.340 0.910
Prime Ag 1.412 0.360 1.043
Prudential Bache 1.394 0.335 0.971
Risk Management Comm. 1.300 0.300 n/a
US Commodities 1.365 0.350 n/a

-By Andrew Johnson Jr., Tom Polansek, and Ian Berry, Dow Jones Newswires;
312-347-4604; andrew.johnsonjr@dowjones.com

Click here to go to Dow Jones NewsPlus, a web front page of today’s most
important business and market news, analysis and commentary:
http://www.djnewsplus.com/access/al?rnd=xnmeje6ZQHSlWnVB4dAOvw%3D%3D. You can
use this link on the day this article is published and the following day.

(END) Dow Jones Newswires
August 09, 2010 17:33 ET (21:33 GMT)
Copyright (c) 2010 Dow Jones & Company, Inc.
[Related Stories]

Will China’s Need to ‘Go Green,’ Affect the Rare Earth Market?

July 26, 2010 @ 7:42 pm In Feature Articles

These numbers are getting hard to even fathom. When will the madness end, if we don’t wake up as a country and take action, the United States will not survive another 25 years. WAKE UP AMERICA.

White House predicts record $1.47 trillion deficit
By ANDREW TAYLOR, Associated Press Writer Andrew Taylor, Associated Press Writer Fri Jul 23, 3:12 pm ET

WASHINGTON – New estimates from the White House on Friday predict the budget deficit will reach a record $1.47 trillion this year. The government is borrowing 41 cents of every dollar it spends.

That’s actually a little better than the administration predicted in February.

The new estimates paint a grim unemployment picture as the economy experiences a relatively jobless recovery. The unemployment rate, presently averaging 9.5 percent, would average 9 percent next year under the new estimates.

The Office of Management and Budget report has ominous news for President Barack Obama should he seek re-election in 2012 — a still-high unemployment rate of 8.1 percent. That would be well above normal, which is closer to a rate of 5.5 percent to 6 percent. Private economists don’t think the unemployment rate will drop to those levels until well into this decade.

The gaping deficits are of increasing concern to voters. But Obama and Democrats controlling Congress are mostly taking a pass on deficit reduction this year as they await possible recommendations from Obama’s deficit commission.

While there’s a slight improvement in the deficit for the current year, next year’s predicted $1.42 trillion worth of red ink — that’s 37 cents of borrowing for every dollar spent — is looking worse. It’s about $150 billion more than previously predicted, because of still-slumping tax revenues.

White House budget director Peter Orszag said the numbers represent a “fiscal situation that requires attention.”

Deficits have skyrocketed since the recession took hold in 2008 and Congress responded with a massive bailout of the financial system and last year’s $862 billion stimulus measure.

___

Associated Press writer Jeannine Aversa contributed to this report.

From a Commodities Watch Subscriber Mel K. Thanks Mel

Subject: Food for thought

This teacher is truly a genius!

An economics professor at a local college made a statement that he had never failed a single student before, but had once failed an entire class. That class had insisted that Obama’s socialism worked and that no one would be poor and no one would be rich, a great equalizer.

The professor then said, “OK, we will have an experiment in this class on Obama’s plan”.
All grades would be averaged and everyone would receive the same grade so no one would fail and no one would receive an A….

After the first test, the grades were averaged and everyone got a B. The students who studied hard were upset and the students who studied little were happy. As the second test rolled around, the students who studied little had studied even less and the ones who studied hard decided they wanted a free ride too so they studied little.

The second test average was a D! No one was happy.

When the 3rd test rolled around, the average was an F.

As the tests proceeded, the scores never increased as bickering, blame and name-calling all resulted in hard feelings and no one would study for the benefit of anyone else.

All failed, to their great surprise, and the professor told them that socialism would also ultimately fail because when the reward is great, the effort to succeed is great, but when government takes all the reward away, no one will try or want to succeed.

Could not be any simpler than that. (Please pass this on)

Remember, there is a test coming up. The mid-term election in 2010!

Something else to make you angry

Well no matter what your opinion on the stuff below, give it a read anyway….This was sent to me by one of my passionate readers and I do have to say, it’s quite disturbing….I am not saying I agree with al of it but much of it seems quite disturbing. How about this joke “How many CZAR’S does it take to screw up a country” ????

From a CW reader: George S.

Stunning……

There are very few of us who know just what all the CZAR’s do up in D.C…………….Here is their names and job descriptions…….should be educational to ALL AMERICANS…………no matter what your political agenda…….if you resent this list, then get angry at the one who put these characters on the payroll. And not at the one who posted it here…

Land of the CZAR’S….I had to check my passport last night just to make sure I was still American…

OBAMA’S “CZARS”– Read who they are and realize what they want to do.

Richard Holbrooke
Afghanistan Czar
Ultra liberal anti gun former Gov. Of New Mexico. Pro Abortion and legal drug use. Dissolve the 2nd Amendment

Ed Montgomery
Auto recovery Czar
Black radical anti business activist. Affirmative Action and Job Preference for blacks. Univ of Maryland Business School Dean teaches US business has caused world poverty. ACORN board member. Communist DuBois Club member.

Alan Bersin
Border Czar
The former failed superintendent of San Diego . Ultra Liberal friend of Hilary Clinton. Served as Border Czar under Janet Reno – to keep borders open to illegal’s without interference from US
David J. Hayes

California Water Czar
Sr. Fellow of radical environmentalist group, “Progress Policy”. No training or experience in water management whatsoever.

Ron Bloom
Car Czar
Auto Union worker. Anti business & anti nuclear. Has worked hard to force US auto makers out of business. Sits on the Board of Chrysler which is now Auto Union owned. How did this happen?

Dennis Ross
Central Region Czar
Believes US policy has caused Mid East wars. Obama apologist to the world. Anti gun and completely pro abortion.

Lynn Rosenthal
Domestic Violence Czar
Director of the National Network to End Domestic Violence. Vicious anti male feminist. Supported male castration.Imagine?

Gil Kerlikowske
Drug Czar
devoted lobbyist for every restrictive gun law proposal, Former Chief of Police in Liberal Seattle. Believes no American should own a firearm. Supports legalization of all drugs

Paul Volcker
E conomicCzar
Head of Fed Reserve under Jimmy Carter when US economy nearly failed. Obama appointed head of the Economic Recovery Advisory Board which engineered the Obama economic disaster to US economy. Member of anti business “Progressive Policy” organization

Carol Brower
Energy and Environment Czar
Political Radical Former head of EPA – known for anti-business activism. Strong anti-gun ownership.

Joshua DuBois
Faith Based Czar
Political Black activist-Degree in Black Nationalism. Anti gun ownership lobbyist. WHAT THE HELL DOES A FAITH BASED CZAR DO???????????

Cameron Davis
Great Lakes Czar
Chicago radical anti business environmentalist. Blames George Bush for “Poisoning the water that minorities have to drink.” No experience or training in water management. Former ACORN Board member (what does that tell us?)

Van Jones
Green Jobs Czar
(since resigned).. Black activist Member of American communist Party and San Francisco Communist Party who said Geo Bush caused the 911 attack and wanted Bush investigated by the World Court for war crimes. Black activist with strong anti-white views.

Daniel Fried
Guantanamo Closure Czar
Human Rights activist for Foreign Terrorists. Believes America has caused the war on terrorism. Believes terrorists have rights above and beyond Americans.

Nancy-Ann DeParle.
Health Czar
Former head of Medicare / Medicaid. Strong Health Care Rationing proponent. She is married to a reporter for The New York Times.

Vivek Kundra
Information Czar
Born in New Delhi , India . Controls all public information, including labels and news releases. Monitors all private Internet emails. (hello?)

Todd Stern
International Climate Czar
Anti business former White House chief of Staff- Strong supporter of the Kyoto Accord. Pushing hard for Cap and Trade. Blames US business for Global warming. Anti- US business prosperity.

Dennis Blair
Intelligence Czar
Ret. Navy. Stopped US guided missile program as “provocative”. Chair of ultra liberal “Council on Foreign Relations” which blames American organizations for regional wars.

George Mitchell
Mideast Peace Czar
Fmr. Sen. from Maine Left wing radical. Has said Israel should be split up into “2 or 3 ” smaller more manageable plots”. (God forbid) A true Anti-nuclear anti-gun advocate

Kenneth Feinberg
Pay Czar
Chief of Staff to TED KENNEDY. Lawyer who got rich off the 911 victims payoffs. (horribly true)

Cass Sunstein
Regulatory Czar
Liberal activist judge believes free speech needs to be limited for the “common good”. Essentially against 1st amendment. Rules against personal freedoms many times -like private gun ownership and right to free speech. This guy has to be run out of Washington!!

John Holdren
Science Czar
Fierce ideological environmentalist, Sierra Club, Anti business activist. Claims US business has caused world poverty. No Science training.

Earl Devaney
Stimulus Accountability Czar
Spent career trying to take guns away from American citizens. Believes in Open Borders to Mexico . Author of statement blaming US gun stores for drug war in Mexico .

J. Scott Gration
Sudan Czar
Native of Democratic Republic of Congo . Believes US does little to help Third World countries. Council of foreign relations, asking for higher US taxes to support United Nations

Herb Allison
TARP Czar
Fannie Mae CEO responsible for the US recession by using real estate mortgages to back up the US stock market. Caused millions of people to lose their life savings.

John Brennan
Terrorism Czar
Anti CIA activist. No training in diplomatic or gov. affairs. Believes Open Borders to Mexico and a dialog with terrorists and has suggested Obama disband US military A TOTAL MORON!!!!!

Aneesh Chopra
Technology Czar
No Technology training. Worked for the Advisory Board Company, a health care think tank for hospitals. Anti doctor activist. Supports Obama Health care Rationing and salaried doctors working exclusively for the Gov. health care plan

Adolfo Carrion Jr..
Urban Affairs Czar
Puerto Rican born Anti American activist and leftist group member in Latin America . Millionaire “slum lord” of the Bronx , NY. Owns many lavish homes and condos which he got from “sweetheart” deals with labor unions. Wants higher taxes on middle class to pay for minority housing and health care

Ashton Carter
Weapons Czar
Leftist. Wants all private weapons in US destroyed. Supports UN ban on firearms ownership in America .. No Other “policy”

Gary Samore
WMD Policy Czar
Former US Communist. Wants US to destroy all WMD unilaterally as a show of good faith. Has no other “policy”.

The cocoa market has been wild lately and CW subscribers have been riding the wave using options spreads. More on the reasons for the sharp movements here. Story from the BBC. KK

Full story

http://www.bbc.co.uk/news/business-10682433