ETC Natural Gas

U.S. wheat futures soared as heavy rains in eastern Australia and dryness in the U.S. Plains fueled concerns over supplies.
Soft red winter wheat for March delivery, the most-active contract, climbed 45.5 cents, or 6.6%, to $7.36 a bushel at the Chicago Board of Trade. Wheat futures traded at the Kansas City Board of Trade and Minneapolis Grain Exchange posted similar gains.
U.S. corn and soybean futures also rallied on concerns over weather, as some growing areas in Argentina are too dry. Soybeans for January delivery rose 35 cents, or 2.8%, to $12.78 a bushel, while corn for March delivery surged 18.5 cents, or 3.4%, to $5.625 a bushel.
Weakness in the U.S. dollar offered broad support to dollar-denominated commodities ranging from crude oil to grains. A weaker dollar makes commodities more attractive for foreign buyers, increasing export demand.
Farmers in eastern Australia, traditionally a major exporter of wheat, are having the "harvest from hell" because excessive rains have kept them out of their fields, said Keith Perrett, chairman of Australia's Grains Research & Development Corp. The wetness has reduced the quality of some wheat, making it no longer usable for flour and further tightening global supplies of high-protein grain used for human consumption.
Canada, another major producer of wheat, suffered losses due to excessive wetness at harvest time. The Canadian Wheat Board this week estimated supplies of low-quality feed wheat would reach their highest level in at least six years, as crops that typically would go to flour mills have to be used for animal feed instead.
"Everybody's talking about how much low-quality feed wheat they've got," said Tim Hannagan, analyst for PFG Best, a brokerage firm in Chicago.
Importers will likely be forced to buy from the U.S. to secure high-quality wheat, analysts said. Buyers are keeping a close eye on global supply levels after wheat futures approached two-year highs in August when Russia, a major grower, suspended grain exports because of a drought. Prices have since pulled back about 18%, but still remain up about 23% from a year ago.
Although the U.S. produced a high-quality crop this year, dryness in the Plains has raised concerns about the next hard red winter wheat crop, which has already been planted and will be harvested early next summer. There is no significant chance for rain in dry western growing areas during the next 10 days, meteorologists said.
Hard red winter wheat, used to make bread, "can make a recovery in the spring, but you have to have nearly ideal conditions to have that unfold," said John Dee, president of Global Weather Monitoring, a private weather firm. The U.S. is the world's top wheat exporter.
Egypt, the world's top wheat importer, secured 220,000 tons of U.S. hard red winter wheat and soft red winter wheat Wednesday as prices were rising. It was the second consecutive tender in which Egypt bought exclusively from the U.S.
Corn futures were pushed higher on the strength in wheat because both grains are used for livestock feed. Buying in corn and soybean futures also received support from concerns over dryness in Argentina, the world's second-largest corn exporter and third-largest soybean exporter. The U.S. is the world's top exporter of both crops.
A recent rally in Chinese soybeans futures helped support U.S. soybean prices, analysts said. China is the world's largest buyer of soybeans and has secured U.S. soybeans at a record pace this year.
 
ciao cort
sbagli, se vai indietro nelle pagine troverai i post in cui dicevo che sul silver stavo effettuando un arbitraggio, essendo dentro sia sul lev che sullo short.
da oggi son solo sullo short, ma nn troppo convinto......
se ricordi in un post ti dicevo anche chevil silver lo vedevo bene anche per il 2011
 
ciao cort
sbagli, se vai indietro nelle pagine troverai i post in cui dicevo che sul silver stavo effettuando un arbitraggio, essendo dentro sia sul lev che sullo short.
da oggi son solo sullo short, ma nn troppo convinto......
se ricordi in un post ti dicevo anche chevil silver lo vedevo bene anche per il 2011
adesso che dici sia di lev che di short in contemporanea mi ricordo della cosa .. ciao Rob.. argento oggi ho venduto anch'io.. oro no
 
:ciao:
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ottima sintonia cort
speriamo d aver fatto bene
dopotutto a sti prezzi portare a casa ci stava tutto.
fra oro e silver ti diro' che personalmente in prospettiva vedo mooolto meglio il secondo pero'
 
ottima sintonia cort
speriamo d aver fatto bene
dopotutto a sti prezzi portare a casa ci stava tutto.
fra oro e silver ti diro' che personalmente in prospettiva vedo mooolto meglio il secondo pero'
per me c'è la differenza che c'è tra un diesel ed un motore a benzina..
nel caso di guerre o di deprezzamento forte di valute meglio essere nel Klondike.. per quanto riguarda il dettaglio forse meglio l'argento.. dato anche l'approssimarsi delle Feste e la possibilità di un maggior consumo che inneschi la speculazione al rialzo.. da notare inoltre che due Paesi di ttta importanza, Cina ed India soprattutto, dovrebbero farne un gran consumo nei prossimi anni..
 
Rimarremo dentro solo noi 2 temerari (io e klein):lol::lol::up:


Anche io ci resto il mio pmc e' di poco piu' di 0,38 ..che faccio tutta questa fatica la butto al vento per 2 centesimi? naaaaaaaaaaaa

@starchild, scusa , ma cosa rappresenta il tuo avatar...ho provato a guardarlo prima di cena e non c'ho visto niente, dopo cena, meno di prima..al mattino....il buoi cosmico...cos'e'?:-?
 

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