MMTC ltd., India's biggest state-run trader, called bids for 350,000 metric tons of wheat to help the government boost stockpiles as demand outpaces supply. China's domestic soybean, corn and wheat futures rose, after investors bought agricultural commodities to allay concerns about the low value of the yuan and rising inflation. China will produce 145 million metric tons of corn this season, up from 143 million estimated in October, the U. Producer-price inflation accelerated in October...

StatoilHydro Q3 Preliminary Proforma Profit Climbs, Despite Revenue Decline; Provides Production Guidance [STO] 11/12/2007 5:07:02 AM Monday, Stavanger, Norway - based provider of petroleum-derived products StatoilHydro ASA (STO) announced preliminary consolidated pro forma financial results for the third quarter reporting an increase in profits, while quarterly revenues declined. StatoilHydro Q3 Preliminary Proforma Profit Climbs, Despite Revenue Decline; Provides Production Guidance...

Some of the development is due to market participants' growing confidence that OPEC is now ready to help send prices down to a lower level. Saudi Arabia which has a strong influence in the organisation, being as the world's biggest oil supplier, announced at the week-end that OPEC will again consider an increase in production. For wheat the report was moderately negative, with a rise in the estimate of global production and stocks. For corn the picture was moderately positive, with a small...

A gas leak killed at least 32 coal miners in the mine, and an additional three miners were missing and presumed dead, a government safety official said Friday. The deaths underscore the human cost of a worldwide boom in coal use, driven by economic growth in China and India and a return to coal for cheap electric power in the U. Farming small plots of wheat and corn has been the way of life ever since his ancestors migrated north a century ago to the central China town of Chang'gou _ a...

Gold was down, US stocks fell, the US dollar was mixed, the yen was stronger, oil rose; but the big move was copper: now having its biggest slump in price for five years, a move that should make even the most optimistic BHP and RIO punter pause for reflection. Gold was down, US stocks fell, the US dollar was mixed, the yen was stronger, oil rose; but the big move was copper: now having its biggest slump in price for five years, a move that should make even the most optimistic BHP and RIO...