NEW YORK (AP) -- Commodities prices declined broadly Tuesday as the oil market relinquished its early gains and the weakness spilled into the precious metals market. A barrel of crude oil briefly reached an 11-month high on Tuesday, then retreated as some traders collected profits and gasoline futures fell back. In early trading, gold prices climbed as high as $668 an ounce as the dollar declined against the euro and other world currencies. Analysts expect to see an increase in refinery...

While soybean oil stocks have remained large, expanding consumption of soybean oil, palm oil and canola oil has resulted in higher prices of vegetable oils. A third factor supporting the recent strength in soybean prices, Good added, is the need for South America to substantially expand soybean area for harvest in 2008. Good's comments came as he reviewed the performance of soybean prices and implications for the future. With basis levels near the average of the past five years, those...

While soybean oil stocks have remained large, expanding consumption of soybean oil, palm oil, and canola oil has resulted in higher prices of vegetable oils. A third factor supporting the recent strength in soybean prices, Good added, is the need for South America to substantially expand soybean area for harvest in 2008. With basis levels near the average of the past five years, those prices implied a 2007-08 marketing year average farm price near $9. Good's comments came as he reviewed...

While Brazil is neither the world s largest beef producer, nor the world s largest beef consumer, it is by far the world s largest beef exporter, Nelson added. Brazil, with an estimated 207 million head of cattle, over 50 million of which are estimated to be beef cows, has the world s largest cattle herd, he said. beef producers out of business, as the world s largest cattle herd (Brazil) will have greater access to the world s largest beef-consuming market (United States) In a...

He says, however, there are some alternatives like powdered milks, but he says, if you're a milk drinker you want it coming from the dairy section, leaving families like the Nashes with some pretty tough choices. Depending on the brand and grade, prices are ranging from $2. This month prices soared to their highest ever. Which may be a trend that people are buying a little less, instead of a gallon maybe they're buying a half gallon. ROCK ISLAND, Illinois -- We all think gas is expensive,...