Provides the latest RSS feeds for Commodities News. For more headlines on Breaking, National, Business, Finance, Sports and World News, visit our home page Sri Lanka Source.com http://www.srilankasource.com/index.php/cat/0874318a0af45ef3/ en-us Wed, 19 Jun 2013 20:34:50 -0400 Wed, 19 Jun 2013 20:34:50 -0400 30 A summary of trading in key commodities markets overseas:ENERGYDespite an unexpected build in US oil inventories, US oil prices declined only modestly.Analysts said the small price decline showed the oil market's continued bullishness.US benchmark West Texas Intermediate for delivery in August dipped 20 US cents to $US98.24 a barrel.In London European benchmark Brent crude for August added ... http://www.srilankasource.com/index.php/sid/215307870/scat/0874318a0af45ef3 Wed, 19 Jun 2013 17:43:08 -0400 http://www.srilankasource.com/index.php/sid/215307870/scat/0874318a0af45ef3 A SUMMARY of trading in key commodities markets overseas: ENERGY Despite an unexpected build in US oil inventories, US oil prices declined only modestly. Analysts said the small price decline showed the oil market's continued bullishness. US benchmark West Texas Intermediate for delivery in August dipped 20 US cents to $US98.24 a barrel. In London European benchmark Brent crude for August ... http://www.srilankasource.com/index.php/sid/215307869/scat/0874318a0af45ef3 Wed, 19 Jun 2013 17:24:17 -0400 http://www.srilankasource.com/index.php/sid/215307869/scat/0874318a0af45ef3 A SUMMARY of trading in key commodities markets overseas: ENERGY Despite an unexpected build in US oil inventories, US oil prices declined only modestly. Analysts said the small price decline showed the oil market's continued bullishness. US benchmark West Texas Intermediate for delivery in August dipped 20 US cents to $US98.24 a barrel. In London European benchmark Brent crude for August ... http://www.srilankasource.com/index.php/sid/215309200/scat/0874318a0af45ef3 Wed, 19 Jun 2013 17:24:17 -0400 http://www.srilankasource.com/index.php/sid/215309200/scat/0874318a0af45ef3 Gold is ending higher in Wednesday trading.The August contract is up $7.10 to $1,374 per ounce. Silver and copper are lower with platinum and palladium off by more than 1 percent.Benchmark crude finished 20 cents lower at $98.24 per barrel on the Nymex. Other energy contracts were higher. Wheat, corn and soybeans are up for the ... http://www.srilankasource.com/index.php/sid/215305542/scat/0874318a0af45ef3 Wed, 19 Jun 2013 16:59:30 -0400 http://www.srilankasource.com/index.php/sid/215305542/scat/0874318a0af45ef3 MATEUSZ PERKOWSKI AnalysisCapital PressBiotechnology companies fear that a recent U.S. Supreme Court decision banning patents on human genes will undermine protections for genetically engineered crops.The nation's highest court has ruled that a naturally occurring sequence of DNA isn't eligible for patent protections, voiding human gene patents held by a medical testing company.The ... http://www.srilankasource.com/index.php/sid/215305543/scat/0874318a0af45ef3 Wed, 19 Jun 2013 16:52:38 -0400 http://www.srilankasource.com/index.php/sid/215305543/scat/0874318a0af45ef3 By Barani Krishnan NEW YORK, June 19 (Reuters) - Oil prices came under pressure on Wednesday while gold and copper fell after Federal Reserve Chairman Ben Bernanke said the central bank could begin to scale back its stimulus measures for the U.S. economy later this year . Agricultural markets rose broadly. Wheat had its biggest rally since April on bargain buying and expectations the grain will ... http://www.srilankasource.com/index.php/sid/215306928/scat/0874318a0af45ef3 Wed, 19 Jun 2013 16:48:43 -0400 http://www.srilankasource.com/index.php/sid/215306928/scat/0874318a0af45ef3 CNBC's Sharon Epperson discusses the day's activity in the commodities markets. Following the Fed's statement, oil and gold both sold off, as Bernanke struck a more upbeat tone on the economy, she ... http://www.srilankasource.com/index.php/sid/215306533/scat/0874318a0af45ef3 Wed, 19 Jun 2013 16:48:25 -0400 http://www.srilankasource.com/index.php/sid/215306533/scat/0874318a0af45ef3 * Hotter weather expected for U.S. Northeast, Midwest * Outlook for Texas and the South still fairly mild * Tropical storm not seen disrupting U.S. gas production * Coming up: EIA, Enerdata natgas storage data on Thursday (Adds trader quote, coal data, updates with closing prices) By Joe Silha NEW YORK, June 19 (Reuters) - U.S. natural gas futures ended higher for a third straight day on ... http://www.srilankasource.com/index.php/sid/215306534/scat/0874318a0af45ef3 Wed, 19 Jun 2013 15:30:10 -0400 http://www.srilankasource.com/index.php/sid/215306534/scat/0874318a0af45ef3 -0.74% fell 20 cents to settle at $98.24 a barrel on the New York Mercantile Exchange on Wednesday. But the contract was volatile in electronic trading as Federal Reserve Chairman Ben Bernanke conducted a press conference. Oil was showing a slight gain early Wednesday, but it then turned negative after a weekly supply report from the U.S. Energy Information Administration showed a surprise gain ... http://www.srilankasource.com/index.php/sid/215305144/scat/0874318a0af45ef3 Wed, 19 Jun 2013 15:29:16 -0400 http://www.srilankasource.com/index.php/sid/215305144/scat/0874318a0af45ef3 The legal decks have been cleared for the Government to impose this levy at 0.01 per cent of the price from this date, sources close to the developments said. The current securities transaction tax rate on equity futures is also pegged at 0.01 per ... http://www.srilankasource.com/index.php/sid/215303929/scat/0874318a0af45ef3 Wed, 19 Jun 2013 14:32:22 -0400 http://www.srilankasource.com/index.php/sid/215303929/scat/0874318a0af45ef3 Britain faces a wave of deadly new animal and plant diseases that threaten to wipe out crops and livestock as a direct result of global warming, the World Bank's top agricultural expert has ... http://www.srilankasource.com/index.php/sid/215301473/scat/0874318a0af45ef3 Wed, 19 Jun 2013 13:18:47 -0400 http://www.srilankasource.com/index.php/sid/215301473/scat/0874318a0af45ef3 MANILA, Philippines - Environmental groups alerted the public on Tuesday on the presence of genetically modified organisms (GMOs) in white corn, a staple in Visayas and ... http://www.srilankasource.com/index.php/sid/215302631/scat/0874318a0af45ef3 Wed, 19 Jun 2013 12:57:50 -0400 http://www.srilankasource.com/index.php/sid/215302631/scat/0874318a0af45ef3 Serves six to eight ½ teaspoon kosher salt, more as needed 2 tablespoons red wine vinegar 2 garlic cloves, finely chopped 1 tablespoon Dijon mustard 1 cup extra-virgin olive oil ¼ cup minced fresh chives Black pepper, as needed 1 pound haricots verts or green beans, trimmed 2-2/3 cups cooked fresh corn kernels (from about four corn cobs) ½ pound carrot, peeled ... http://www.srilankasource.com/index.php/sid/215301013/scat/0874318a0af45ef3 Wed, 19 Jun 2013 12:18:16 -0400 http://www.srilankasource.com/index.php/sid/215301013/scat/0874318a0af45ef3 The Toronto stock market racked up another triple-digit loss Wednesday, adding to a sharp drop the previous session amid worries that central banks may withdraw efforts to help the global economic recovery. The S&P/TSX composite index declined 113.69 points to 12,109.89 on top of a 159-point slide on Tuesday. There was also news of a major acquisition in the grocery business after the close. ... http://www.srilankasource.com/index.php/sid/215301014/scat/0874318a0af45ef3 Wed, 19 Jun 2013 12:11:14 -0400 http://www.srilankasource.com/index.php/sid/215301014/scat/0874318a0af45ef3 NEW YORK (MarketWatch) - The U.S. Energy Information Administration on Wednesday reported that U.S. crude-oil supplies rose by 300,000 barrels for the week ended June 14, to 394.1 million barrels. A Platts survey of analysts forecast a 1 million-barrel decline. Gasoline supplies increased by 200,000 barrels, while distillate stockpiles fell by 500,000 barrels, the EIA said. Analysts were looking ... http://www.srilankasource.com/index.php/sid/215300986/scat/0874318a0af45ef3 Wed, 19 Jun 2013 12:00:17 -0400 http://www.srilankasource.com/index.php/sid/215300986/scat/0874318a0af45ef3 CHICAGO - Grains futures rose or were flat Tuesday in early trading on the Chicago Board of Trade.Wheat for July delivery rose 9.5 cents to $6.97 a bushel; July corn rose 5.75 cents to $6.79 a bushel; July oats were flat at $3.9775 a bushel; while July soybeans rose 0.25 cent to $15.11 a bushel.Beef prices fell, while pork prices rose on the Chicago Mercantile Exchange.August live cattle rose ... http://www.srilankasource.com/index.php/sid/215301015/scat/0874318a0af45ef3 Wed, 19 Jun 2013 11:57:30 -0400 http://www.srilankasource.com/index.php/sid/215301015/scat/0874318a0af45ef3 MEDIA ALERT: Join Leading Commodities Experts in Chicago on June 20 and 21 CHICAGO, June 19, 2013 (GLOBE NEWSWIRE) -- WHAT: INTL FCStone Inc. ( ) is hosting its 2013 Outlook Conference to help investors, producers, processors and end users of food commodities foresee global supply and demand issues and, in the process, help them prepare for and protect against the risks of price ... http://www.srilankasource.com/index.php/sid/215298631/scat/0874318a0af45ef3 Wed, 19 Jun 2013 11:00:25 -0400 http://www.srilankasource.com/index.php/sid/215298631/scat/0874318a0af45ef3 New York - US stock index futures were little changed on Wednesday following two days of gains ahead of a highly anticipated Federal Reserve statement and news ... http://www.srilankasource.com/index.php/sid/215297114/scat/0874318a0af45ef3 Wed, 19 Jun 2013 09:58:52 -0400 http://www.srilankasource.com/index.php/sid/215297114/scat/0874318a0af45ef3 Stock futures are trading cautiously higher on Wednesday as markets await a monetary-policy decision from the FOMC and a subsequent press conference from Fed Chairman Ben ... http://www.srilankasource.com/index.php/sid/215295765/scat/0874318a0af45ef3 Wed, 19 Jun 2013 09:39:46 -0400 http://www.srilankasource.com/index.php/sid/215295765/scat/0874318a0af45ef3 Pension funds must continue to invest in commodities, despite recent scares and turmoil across the financial sector, says veteran commodity investor, Jim Rogers. Rogers ... http://www.srilankasource.com/index.php/sid/215297115/scat/0874318a0af45ef3 Wed, 19 Jun 2013 09:28:37 -0400 http://www.srilankasource.com/index.php/sid/215297115/scat/0874318a0af45ef3 In the last ten years, commodities have outperformed equities by a ratio of four to one, with real estate being the top performer 30 per cent of the time, bonds ten per cent, equities ten per cent and hedge funds 0 per cent of the time. With the economic slow down affecting markets, equities and real estate were the worst performing asset classes for the second consecutive quarter. For the ... http://www.srilankasource.com/index.php/sid/215297116/scat/0874318a0af45ef3 Wed, 19 Jun 2013 09:28:12 -0400 http://www.srilankasource.com/index.php/sid/215297116/scat/0874318a0af45ef3 This year’s UK wheat harvest has been ravaged by an exceptionally wet autumn and the coldest spring for 50 years. Reported production is down by one third and the expected yield of 11-12 million tonnes will be the lowest for a generation. Normally, Britain would be exporting 2.5 million tonnes of wheat, but this year we will have to import that amount. Oilseed rape, oats and sugar beet have ... http://www.srilankasource.com/index.php/sid/215295785/scat/0874318a0af45ef3 Wed, 19 Jun 2013 09:24:03 -0400 http://www.srilankasource.com/index.php/sid/215295785/scat/0874318a0af45ef3 NEW YORK (AP) - U.S. stock futures are mixed in light trading with investors holding back before the Federal Reserve reveals its stance on the economy. Markets have swung wildly for weeks leading up to the two-day meeting, which ends Wednesday. Dow Jones industrial futures are down 14 points to 15,230. The broader S&P futures have fallen less than a point to 1,644.40. Nasdaq futures are up ... http://www.srilankasource.com/index.php/sid/215295087/scat/0874318a0af45ef3 Wed, 19 Jun 2013 08:41:45 -0400 http://www.srilankasource.com/index.php/sid/215295087/scat/0874318a0af45ef3 CHICAGO, June 19 | Wed Jun 19, 2013 8:29am EDT CHICAGO, June 19 (Reuters) - Crop forecaster Lanworth on Wednesday lowered its expectations for world corn and soybean production due to wet weather in key growing areas of the United States that caused it to reduce yield expectations. Lanworth said it expects 2013/14 world corn production of 957 million tonnes and soybean production of 284 ... http://www.srilankasource.com/index.php/sid/215295691/scat/0874318a0af45ef3 Wed, 19 Jun 2013 08:29:55 -0400 http://www.srilankasource.com/index.php/sid/215295691/scat/0874318a0af45ef3 Multi Commodity Exchange , copper for delivery in August shed 40 paise, or 0.10 per cent, to Rs 409.80 per kg in business turnover of 102 lots. Similarly, the metal for delivery in June traded lower by 70 paise, or 0.07 per cent, to Rs 409.80 per kg in 1,928 lots. Analysts ... http://www.srilankasource.com/index.php/sid/215293996/scat/0874318a0af45ef3 Wed, 19 Jun 2013 08:25:29 -0400 http://www.srilankasource.com/index.php/sid/215293996/scat/0874318a0af45ef3 Wed Jun 19, 2013 8:16am EDT * Fed statement, news conference in focus * Adobe shares up after results * Futures: Dow up 16 pts, S&P up 0.7 pt, Nasdaq up 4 pts By Rodrigo Campos NEW YORK, June 19 (Reuters) - U.S. stock index futures were up modestly Wednesday, holding on to gains over the last two days ahead of a highly anticipated Federal Reserve statement and news conference. The Fed will ... http://www.srilankasource.com/index.php/sid/215293961/scat/0874318a0af45ef3 Wed, 19 Jun 2013 08:16:53 -0400 http://www.srilankasource.com/index.php/sid/215293961/scat/0874318a0af45ef3 Tropical storm Nock-Ten (local name: Juaning) damaged 17.17 million pesos (about 407,664 U.S. dollars) worth of Philippine crops, according to initial report filed Thursday by the agriculture department.Nock-Ten, which triggered flash floods, destroyed 2,977 hectares of farmland planted with rice, damaging 10.83 million pesos (257,183 U.S. dollars) worth of unmilled rice.A total of 612 metric ... http://www.srilankasource.com/index.php/sid/215294047/scat/0874318a0af45ef3 Wed, 19 Jun 2013 08:14:05 -0400 http://www.srilankasource.com/index.php/sid/215294047/scat/0874318a0af45ef3 biofuels policy, which has been strongly criticised for its negative impact on developing countries.In response to the widespread criticism, the European ... http://www.srilankasource.com/index.php/sid/215292664/scat/0874318a0af45ef3 Wed, 19 Jun 2013 07:23:07 -0400 http://www.srilankasource.com/index.php/sid/215292664/scat/0874318a0af45ef3 NEW DELHI: Turmeric prices drifted by 1.74 per cent to Rs 5,530 per quintal in futures trading today as speculators reduced their positions amid sluggish demand in the spot market. However, a decline in supplies due to heavy rains and some export enquiries restricted the fall. ... http://www.srilankasource.com/index.php/sid/215292324/scat/0874318a0af45ef3 Wed, 19 Jun 2013 06:13:36 -0400 http://www.srilankasource.com/index.php/sid/215292324/scat/0874318a0af45ef3 LOS ANGELES -- U.S. crude-oil futures seesawed Wednesday following data that oil stockpiles declined, and ahead of expected comments from the U.S. Federal Reserve about the outlook on its stimulus ... http://www.srilankasource.com/index.php/sid/215291351/scat/0874318a0af45ef3 Wed, 19 Jun 2013 05:13:21 -0400 http://www.srilankasource.com/index.php/sid/215291351/scat/0874318a0af45ef3 Spring planting is never perfect in America's agricultural heartland. The past few growing seasons have been especially challenging. Yet crop yields have held up. One reason: bioengineered seeds, a big improvement on the ones grandpa planted. The corn and soybeans grown across Illinois today are nearly all genetically modified to resist insects or tolerate herbicides. By protecting ... http://www.srilankasource.com/index.php/sid/215290736/scat/0874318a0af45ef3 Wed, 19 Jun 2013 04:58:12 -0400 http://www.srilankasource.com/index.php/sid/215290736/scat/0874318a0af45ef3 New Delhi: Potato prices up by 0.54 per cent to Rs 807 per quintal in futures trading today as speculators enlarged their positions amid rising demand in spot market. Besides, restricted arrivals from producing regions also supported the upside. At ... http://www.srilankasource.com/index.php/sid/215290405/scat/0874318a0af45ef3 Wed, 19 Jun 2013 04:04:43 -0400 http://www.srilankasource.com/index.php/sid/215290405/scat/0874318a0af45ef3 New Delhi: Chana prices rose by Rs 23 to Rs 3,220 per quintal in futures trading today as speculators enlarged their positions, tracking a firm trend ... http://www.srilankasource.com/index.php/sid/215290404/scat/0874318a0af45ef3 Wed, 19 Jun 2013 04:04:42 -0400 http://www.srilankasource.com/index.php/sid/215290404/scat/0874318a0af45ef3 NEW DELHI: Cardamom prices slipped by 0.84 per cent to Rs 824.10 per kg in futures trading today as speculators booked profits at prevailing levels, driven by a fall in demand in the spot market. Further, ... http://www.srilankasource.com/index.php/sid/215290406/scat/0874318a0af45ef3 Wed, 19 Jun 2013 04:04:42 -0400 http://www.srilankasource.com/index.php/sid/215290406/scat/0874318a0af45ef3 In Mumbai, rentals in sea-facing Haveli on Malabar Hill, NCPA Apts at Nariman Point and Maker Towers at Cuffe Parade, where rentals range between Rs 5.5 lakh and Rs 12 lakh a month, are down ... http://www.srilankasource.com/index.php/sid/215290407/scat/0874318a0af45ef3 Wed, 19 Jun 2013 04:04:41 -0400 http://www.srilankasource.com/index.php/sid/215290407/scat/0874318a0af45ef3 In Mumbai, rentals in sea-facing Haveli on Malabar Hill, NCPA Apts at Nariman Point and Maker Towers at Cuffe Parade, where rentals range between Rs 5.5 lakh and Rs 12 lakh a month, are down ... http://www.srilankasource.com/index.php/sid/215289774/scat/0874318a0af45ef3 Wed, 19 Jun 2013 04:04:41 -0400 http://www.srilankasource.com/index.php/sid/215289774/scat/0874318a0af45ef3 In Mumbai, rentals in sea-facing Haveli on Malabar Hill, NCPA Apts at Nariman Point and Maker Towers at Cuffe Parade, where rentals range between Rs 5.5 lakh and Rs 12 lakh a month, are down ... http://www.srilankasource.com/index.php/sid/215290408/scat/0874318a0af45ef3 Wed, 19 Jun 2013 04:04:40 -0400 http://www.srilankasource.com/index.php/sid/215290408/scat/0874318a0af45ef3 Ford has been analyzing the trend among people preferring the expensive automatic gear technology in smaller cars like Hyundai i10 and Maruti A-Star also in Honda's flagship, the City ... http://www.srilankasource.com/index.php/sid/215290409/scat/0874318a0af45ef3 Wed, 19 Jun 2013 04:04:40 -0400 http://www.srilankasource.com/index.php/sid/215290409/scat/0874318a0af45ef3 Spot Gold finally broke Wednesday's range but did not make it to support at 1357/55. We bounced from 1361 to reach 1370 & above here today we should reach 1375/76. We should struggle here but if we manage a push higher look for 1381.50 with a chance we can reach as far as resistance at 1385. Look for a high for the day here & use this as a selling opportunity with stops above 1388. A ... http://www.srilankasource.com/index.php/sid/215289555/scat/0874318a0af45ef3 Wed, 19 Jun 2013 03:03:58 -0400 http://www.srilankasource.com/index.php/sid/215289555/scat/0874318a0af45ef3 The peer-reviewed International Journal of Agricultural Sustainability corroborates previous studies showing that GM crops have led to an increase in overall pesticide use. The new research, lead by molecular biologist Professor Jack Heinemann of the University of Canterbury in New Zealand, is based on compiled data on agricultural productivity in North America and Western Europe over the last ... http://www.srilankasource.com/index.php/sid/215289556/scat/0874318a0af45ef3 Wed, 19 Jun 2013 02:49:16 -0400 http://www.srilankasource.com/index.php/sid/215289556/scat/0874318a0af45ef3 Wed 19 Jun 2013 LONDON (SHARECAST) - Crude oil futures settled at the highest level since September 2012 as investors increasingly bet that the Federal Open Market Committee will keep stimulus levels unchanged. Crude for July delivery rose 67 cents to settle at $98.44 a barrel on the New York Mercantile Exchange. There are increasing expectations that the Fed will continue its ... http://www.srilankasource.com/index.php/sid/215288632/scat/0874318a0af45ef3 Wed, 19 Jun 2013 02:11:08 -0400 http://www.srilankasource.com/index.php/sid/215288632/scat/0874318a0af45ef3 LONDON, June 19 | Wed Jun 19, 2013 2:11am EDT LONDON, June 19 (Reuters) - European stock index futures pointed to a slightly higher open on Wednesday, with investors positioning for no changes in the U.S. monetary policy and the continuation of stimulus measure for a while longer. At 0608 GMT, futures for Euro STOXX 50, Britain's FTSE 100, Germany's DAX and France's CAC were ... http://www.srilankasource.com/index.php/sid/215289060/scat/0874318a0af45ef3 Wed, 19 Jun 2013 02:11:07 -0400 http://www.srilankasource.com/index.php/sid/215289060/scat/0874318a0af45ef3 New Delhi, June 19 : The early and heavy monsoon rains in India have raised the hopes of a record plantation and sowing of kharif crops, a farmers' body representative said ... http://www.srilankasource.com/index.php/sid/215287166/scat/0874318a0af45ef3 Wed, 19 Jun 2013 01:19:01 -0400 http://www.srilankasource.com/index.php/sid/215287166/scat/0874318a0af45ef3 Costa Rica’s National Biosecurity Technical Commission granted a local subsidiary of multinational biotechnology company Monsanto permission to grow genetically modified (GM) corn in the ... http://www.srilankasource.com/index.php/sid/215287328/scat/0874318a0af45ef3 Wed, 19 Jun 2013 00:43:25 -0400 http://www.srilankasource.com/index.php/sid/215287328/scat/0874318a0af45ef3 United States stock futures signaled a higher open on Tuesday as investors await data on consumer inflation and new-home construction with hopes the Federal Reserve will calm fears over an early end to the bond ... http://www.srilankasource.com/index.php/sid/215286351/scat/0874318a0af45ef3 Wed, 19 Jun 2013 00:13:42 -0400 http://www.srilankasource.com/index.php/sid/215286351/scat/0874318a0af45ef3 The Massachusetts Baseball Coaches Association (MBCA) is hosting the Annual Massachusetts-Connecticut New England Challenge Junior Futures All-Star Game Saturday at Tufts' Huskins Field at 2 p.m. This game features many of the best high school Juniors (Class of 2014) in Massachusetts versus Connecticut’s top Juniors. The Mass. State Junior All-Stars will be coached by MBCA board member ... http://www.srilankasource.com/index.php/sid/215286078/scat/0874318a0af45ef3 Tue, 18 Jun 2013 22:42:49 -0400 http://www.srilankasource.com/index.php/sid/215286078/scat/0874318a0af45ef3 U.S. markets churned higher Tuesday after the Commerce Department said price inflation remained muted in May. The report by itself had negligible effect. But every report of late has been held up to the light to see how it might affect the U.S. Federal Reserve's monetary policy announcement expected Wednesday. Low inflation means the economy is not overheating. In turn, some investors have ... http://www.srilankasource.com/index.php/sid/215284325/scat/0874318a0af45ef3 Tue, 18 Jun 2013 20:23:16 -0400 http://www.srilankasource.com/index.php/sid/215284325/scat/0874318a0af45ef3 A motorist pumps gas in Denver on April 15, 2011. Consumers paid an average price of $3.60 a gallon nationwide on Tuesday according to the travel group AAA. UPI/Gary C. ... http://www.srilankasource.com/index.php/sid/215283974/scat/0874318a0af45ef3 Tue, 18 Jun 2013 20:23:16 -0400 http://www.srilankasource.com/index.php/sid/215283974/scat/0874318a0af45ef3 Britain's coldest spring for more than 50 years has sent the cost of home-grown crops surging to their highest level since August 2008, figures showed ... http://www.srilankasource.com/index.php/sid/215282325/scat/0874318a0af45ef3 Tue, 18 Jun 2013 19:36:47 -0400 http://www.srilankasource.com/index.php/sid/215282325/scat/0874318a0af45ef3 MONTERREY, Mexico, June 18 | Tue Jun 18, 2013 6:29pm EDT MONTERREY, Mexico, June 18 (Reuters) - Mexican corn miller Gruma said on Tuesday it refinanced $400 million in debt taken out last year to buy back a stake in the company previously owned by U.S. agribusiness giant Archer Daniels Midland. The company had borrowed $400 million from Goldman Sachs to buy the 23 percent stake. Gruma ... http://www.srilankasource.com/index.php/sid/215282593/scat/0874318a0af45ef3 Tue, 18 Jun 2013 18:29:08 -0400 http://www.srilankasource.com/index.php/sid/215282593/scat/0874318a0af45ef3 By Barani Krishnan NEW YORK, June 18 (Reuters) - Commodities on Tuesday ended little changed for a second straight day as investors awaited the outcome of a two-day meeting of the U.S. Federal Reserve that is expected to offer further insight into the central bank's monetary easing policy. Traders are betting that the Fed will signal in a statement due on Wednesday that it is almost ready to ... http://www.srilankasource.com/index.php/sid/215282033/scat/0874318a0af45ef3 Tue, 18 Jun 2013 17:50:26 -0400 http://www.srilankasource.com/index.php/sid/215282033/scat/0874318a0af45ef3 A summary of trading in key commodities markets overseas:ENERGYOil prices pushed higher for the fifth straight session chasing a surge in the euro against the US dollar ahead of the Federal Reserve's policy announcement and as worries over the Syrian conflict grew.WTI crude hit a nine-month high in New York on Tuesday, the contract for August delivery finishing at $98.44 a barrel, up 67 ... http://www.srilankasource.com/index.php/sid/215280878/scat/0874318a0af45ef3 Tue, 18 Jun 2013 17:47:14 -0400 http://www.srilankasource.com/index.php/sid/215280878/scat/0874318a0af45ef3 CNBC's Sharon Epperson discusses the day's activity in the commodities markets. Oil extended its run today, while metals took it on the chin. Traders are watching Bernanke for indications that he'll taper sooner rather than ... http://www.srilankasource.com/index.php/sid/215280879/scat/0874318a0af45ef3 Tue, 18 Jun 2013 17:29:45 -0400 http://www.srilankasource.com/index.php/sid/215280879/scat/0874318a0af45ef3 WASHINGTON D.C. - Philippine Ambassador Jose L. Cuisia has told a food security conference in Maryland that the country was ready to share its knowledge of bio-engineered crops with the United States and help neighbors in Southeast ... http://www.srilankasource.com/index.php/sid/215280880/scat/0874318a0af45ef3 Tue, 18 Jun 2013 17:04:38 -0400 http://www.srilankasource.com/index.php/sid/215280880/scat/0874318a0af45ef3 MANILA, Philippines – The Philippines will be able to export for the first time its hybrid corn seed once nearby Southeast Asian countries including Vietnam opens up to biotechnology products within the next two ... http://www.srilankasource.com/index.php/sid/215280324/scat/0874318a0af45ef3 Tue, 18 Jun 2013 17:04:16 -0400 http://www.srilankasource.com/index.php/sid/215280324/scat/0874318a0af45ef3 * U.S. Northeast, Midwest expect hotter weather * Outlook for Texas and the South still fairly mild * Coming up: Reuters natgas storage poll on Wednesday By Joe Silha NEW YORK, June 18 (Reuters) - U.S. natural gas futures ended higher for a second straight day on Tuesday, driven by forecasts for hotter weather in the Northeast and Midwest that should force more homeowners and businesses to crank ... http://www.srilankasource.com/index.php/sid/215280126/scat/0874318a0af45ef3 Tue, 18 Jun 2013 16:25:05 -0400 http://www.srilankasource.com/index.php/sid/215280126/scat/0874318a0af45ef3 Crude oil futures have turned positive, reversing earlier losses on Monday's reports that Fed Chair Ben Bernanke will tomorrow provide details on the tapering of the Fed's bond buying stimulus. Crude rebounded as tensions in the Middle East spurred prices higher ahead of weekly supply data. In addition to troubles in Syria, ongoing protests and escalating violence in Turkey, as ... http://www.srilankasource.com/index.php/sid/215278428/scat/0874318a0af45ef3 Tue, 18 Jun 2013 15:16:45 -0400 http://www.srilankasource.com/index.php/sid/215278428/scat/0874318a0af45ef3