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Commodities

U.S. grains: Soybeans, corn climb, rallying from last week’s lows

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November 27th, 2015 Chicago | Reuters: U.S. soybean futures hit three-week highs on Monday on bargain buying and a technical rebound from long-term lows established last week, traders said. Corn also firmed at the Chicago Board of Trade while wheat ended mixed, with nearby contracts pressured by larger-than-expected deliveries against the December contract. At the CBOT, January […]

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OPEC Is Ready to Rumble Over Saudi Output

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November 22th, 2015 Pressure is building on Saudi Arabia to rein in its oil output after a year of pumping full tilt, setting up the most contentious OPEC meeting in years. A year ago, the Organization of the Petroleum Exporting Countries surprised markets with a Saudi-led strategy of keeping output high to win market share […]

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