Editor reviews are provided by professional editors who evaluate a blog based on the following criteria: Frequency of Updates, Relevance of Content, Site Design, and Writing Style.
User rating is calculated as an average of the user ratings. If this rating differs significantly from our editor's rating our editors may re-evaluate this blog.
Crude futures surged above $71 a barrel Wednesday as an
unexpectedly large decline in U.S. oil inventories confirmed that supplies are
beginning to tighten.
Crude-oil futures dropped Friday as equities markets stumbled and the dollar strengthened on concerns over the impact Dubai's debt worries could have on the economic recovery.
Light, sweet crude for January delivery settled
Most U.S. soybean farmers remain happy with the research and marketing work performed with the money they contribute to their "checkoff" fund, despite claims of financial waste and abuse levied against fund managers.
Grain and oilseed futures at ICE Futures Canada closed Friday's session mixed with canola mainly a bit higher in its active contracts on slow selling, brokers said.
Canola activity was light to moderate with intermonth spreading
Chicago Board of Trade rice futures Friday ended lower in a modest correction in a bearish environment for commodities generally.
January rice ended down 9 cents to $15.40 per hundredweight, and March rice ended down 8 1/2 cents to $15.66 1/2.
Commodity markets are seeing nearly across-the-board selling pressure Friday on speculation that mounting debt in Dubai could hold wider ramifications for the global financial markets.
