Now, fears that the Fed won't cut rates - or may raise them - have pressured the commodities markets, and gold in particular. Increasingly bullish economic data and recent comments from Fed Chairman Ben Bernanke have quashed market hopes for an interest rate cut sometime this year. A shifting view on the direction of the Federal Reserve's benchmark interest rate roiled the commodities markets this week. Crude oil prices shed more than $2, corn and soybean futures settled lower while most...

EST Richard Bowden - AHN Staff Writer Canberra, Australia (AHN) - The Australian Government is expected to announce today that a "single-desk" wheat export system will be retained but will give powers to allow grain growers to form their own company to exclusively manage Australia's wheat exports. EST Richard Bowden - AHN Staff Writer Canberra, Australia (AHN) - The Australian Government is expected to announce today that a "single-desk" wheat export system will be retained but will give...

The expected large slaughter pace this week drove packers to reduce pricing levels to stay current, and this in turn produced renewed interest from buyers. Some wheat producers feared low yields, while others simply wanted to stockpile some cattle feed following last winter's desperate shortage of hay. On the other, many parts of the normally wet Southeast continue to suffer through drought with wildfires burning on what is typically swampland. The best demand in this week's nationwide...

USDA wheat production, stocks numbers out Monday Friday, June 8, 2007, 10:55 AM by John Perkins The United States Department of Agriculture's National Agricultural Statistics Service is scheduled to release updated wheat production and grain and oilseed ending stocks estimates Monday, June 11 at 7:30 AM Central. USDA wheat production, stocks numbers out Monday Friday, June 8, 2007, 10:55 AM by John Perkins The United States Department of Agriculture's National Agricultural Statistics...

He said the economy achieved history s second largest sugarcane production , history s biggest investment-to-GDP at 22 per cent and history s biggest foreign investment of six billion dollars. The adviser said the international community had expressed confidence in Pakistan s economy by subscribing over three billion dollars as against $500 million sought at the recent Eurobond floatation. Dr Salman said that instead of $500 million, the government decided to accept bids for $750 million...