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Commodity Wealth

Commodity Wealth
Commoditywealth.com is site with the latest news, charts, comments for all you commodity trading needs. We also have reviews of commodity brokers and futures contracts as well as the latest charts for all commodity traders and investors out there.
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Articles

Wineries Popping Up on S. Dakota Prairie (AP)
2007-06-04 00:00:00
Jim and Nancy Schade opened their winery, Schade Vineyard, with the goal of bringing a touch of Napa Valley to the South Dakota prairie.
More About: Wineries , Ping , Poppi , Erie
Starbucks to Switch to Lower-Fat Milk (AP)
2007-05-31 00:00:00
Starbucks Coffee Co. said Thursday that the coffee chain plans to switch to reduced fat, or 2 percent, milk for espresso-based drinks in all U.S. and Canadian stores by the end of 2007.
More About: Milk , Starbucks , Switch , Lower , Buck
GE Expands Middle East Energy Projects (AP)
2007-05-31 00:00:00
General Electric Co. on Thursday said it is expanding its water, chemicals and power operations in the Middle East , where the company has project commitments worth billions of dollars.
More About: Projects , Energy
Oil falls following inventory report (CNNMoney.com)
2007-05-31 00:00:00
Oil and gasoline prices fell Wednesday after the government said gasoline imports ran at the third highest level ever.
More About: Report , Inventory , Repo , Vent , Fall
Precious Metals Prices Climb (AP)
2007-05-31 00:00:00
Gold prices rose Thursday as the U.S. dollar fell in response to the government's weaker than expected first-quarter gross domestic product report.
More About: Meta , Climb , Precious , Reci , Prices
Gold Prices Climb As Dollar Falls (AP)
2007-05-31 00:00:00
Gold prices rose Thursday as the U.S. dollar fell in response to the government's weaker than expected first-quarter gross domestic product report.
More About: Gold , Dollar , Climb , Fall , Falls
This Week in Petroleum (5-30-2007)
2007-05-31 00:00:00
The data have been released: Summary of Week ly Petr oleum Data for the Week Ending May 25, 2007As I have been predicting, this was an all-time record low gasoline inventory for Memorial Day Weekend. This is 2.7 million barrels lower than the previous low inventory mark for Memorial Day. Woo-hoo?U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) fell by 2.0 million barrels compared to the previous week. At 342.2 million barrels, U.S. crude oil inventories are at the upper end of the average range for this time of year. Total motor gasoline inventories increased by 1.3 million barrels last week, but remain well below the lower end of the average range. Distillate fuel inventories inched higher by 0.1 million barrels per day, and are below the upper end of the average range for this time of year. Despite the high prices, demand is still exceptionally high:Over the last four weeks, motor gasoline demand has averaged over 9.4 million barrels per da...
TRADE-AFRICA: Europe Looks to Encourage Diaspora Investment
2007-05-31 00:00:00
NEW YORK, May 31 (IPS) - Africa 's robust diaspora in Europe will soon have an investment facility to help people make direct investments to better develop their home countries thanks to a new study by the Brussels-based Africa Caribbean Pacific (ACP) Business Climate (BizClim) facility.
More About: Investment , Trade , Diaspora
Unusually Dry Spring Worries Ky. Farmers (AP)
2007-05-31 00:00:00
Kentucky's normally lush spring has taken on a brownish tinge this year amid a dry spell causing concern among farmers. The bluegrass and southeastern regions are in a moderate drought and the rest of the state is in a mild drought, Tom Priddy, a University of Kentucky extension agricultural meteorologist, said Wednesday.
More About: Spring , Farm , Usually , Farmer , Ally
Gold Prices Rise As U.S. Dollar Falls (AP)
2007-05-29 00:00:00
Gold prices climbed Tuesday as the U.S. dollar lost ground against the euro and other major currencies. Elsewhere in the commodities markets, crude oil and agricultural products traded lower while industrial metals made initial gains.
More About: Gold , Dollar , Rise , Fall , Falls
Pa. Power Line Worries Those in Its Path (AP)
2007-05-29 00:00:00
The farmhouse Deb Bandel built with her husband in this southwest corner of Pennsylvania was meant to be a peaceful retreat from the bustle of the outside world.
More About: Power , Hose , Line , Path
Jeffrey Saut: Four Ethanol Stocks That Will Outperform
2007-05-29 00:00:00
Related Stocks : AVR, PEIX, USBE, VSE Excerpt from Raymond James strategist Jeff rey Saut's latest essay: Complete Story »
More About: Ethanol , That , Form
ENVIRONMENT: Earth, Inc. Sliding Into Bankruptcy
2007-05-29 00:00:00
BROOKLIN, Canada, May 29 (IPS) - Build a shrimp farm in Thailand by cutting down mangrove forests and you will net about 8,000 dollars per hectare. Meanwhile, the destruction of the forest and pollution from the farm will result in a loss of ecosystems worth 35,000 dollars/ha per year.
More About: Environment , Earth , Bankruptcy , Bank , Iron
Grains, Soybeans Retreat (AP)
2007-05-29 00:00:00
Grain and soybean futures declined in early activity Tuesday on the Chicago Board of Trade. Wheat for July delivery fell 4 cents to $4.97 a bushel; July corn prices fell 4 1/2 cents to $3.71 1/2 a bushel; July oats fell 1 1/2 cent to $2.74 a bushel; July soybeans fell 4 3/4 cents to $8.07 3/4 a bushel.
More About: Treat , Grains , Grain , Retreat
Energy Stock Trader: Tuesday Outlook
2007-05-29 00:00:00
Related Stock s: APC, CHK, CRK, NFX, PQ Zman submits: Commodities are trading off a bit this morning on the "resolution" of the Nigerian oil workers strike. Complete Story »
More About: Outlook , Energy , Tuesday , Look
Exelon VP to Uranium Speculators: Thanks for the Price Rise
2007-05-29 00:00:00
Related Stocks: BHP, CEG, D, ETR, EXC, FPL, GE, NRG, RTP James Finch submits: We thought by now we?d heard it all. But the quote which follows, given to us in a tape-recorded telephone interview by the man who obtains nuclear fuel for the largest nuclear utility in the United States, surprised even us. Complete Story »
More About: Uranium , Price , Rise , Thanks , Hank
ENVIRONMENT-JAPAN: Sealing the Elephant’s Fate With ‘HankoR
2007-05-29 00:00:00
TOKYO, May 29 (IPS) - Even as the world awaits a global ban on trade in elephant ivory, activists are fighting hard to stop a new shipment of ivory to Japan and the introduction of tougher domestic controls.
More About: Environment , Fate , Elephant , Ealing
Bid spotlight falls on A&L once more (FT.com)
2007-05-28 00:00:00
UK mortgage banks Northern Rock, Bradford & Bingley and Alliance & Leicester have been regularly touted as bid targets since the former building societies floated on the stock market.
More About: Spotlight , Once , Fall , Falls , Once More
TRADE-KENYA: A Sugar Sector in Search of Muscle
2007-05-28 00:00:00
NAIROBI, May 27 (IPS) - Kenya is in talks with the Common Market for Eastern and Southern Africa (COMESA) about extending a period of preferential treatment given to the country's sugar sector four years ago. This is in response to fears that local producers will not be able to survive open competition with their counterparts in the trade bloc when the period ends in March 2008.
More About: Sugar , Search , Trade , Muscle
Push Mowers Come Back As Green Option (AP)
2007-05-28 00:00:00
Powerful, loud mowers have been showing lawns who's boss for decades. But now contraptions that couldn't cut butter without a good shove are quietly -- really quietly -- making a comeback.
More About: Green , Back , Opti , Push
Oil falls $1 after Nigeria oil strike ends (Reuters)
2007-05-28 00:00:00
Oil fell a dollar on Monday after Nigeria n oil unions at the weekend suspended a two-day strike that had threatened to halt oil shipments from the world's eighth-largest oil exporter.
More About: Reuters , After , Ends , Strike
Indian Papers Are Well Read (AP)
2007-05-28 00:00:00
Obituaries for newspapers are already being written in the United States and much of Europe, with the rise of the Internet and shrinking attention spans listed as the causes of death.
More About: Indian , Read , Papers , Well
Norsk Hydro planning bid for Alcan: report (Reuters)
2007-05-28 00:00:00
Norsk Hydro ASA is mulling a bid for Alcan Inc. , adding another player to the fray eyeing the Canadian aluminum producer, a Canadian national newspaper said on Monday.
More About: Reuters , Planning , Report , Norsk Hydro
Oil falls $1 after Nigeria oil strike ends (Reuters)
2007-05-28 00:00:00
Oil fell a dollar on Monday after Nigeria n oil unions at the weekend suspended a two-day strike that had threatened to halt oil shipments from the world's eighth-largest oil exporter.
More About: Reuters , After , Ends , Strike
DrumBeat: May 28, 2007
2007-05-28 00:00:00
Bill Urges Farmers to Grow Energy Crops Legislation introduced in the U.S. Senate this week would entice farmers located near ethanol biorefineries to grow dedicated energy crops. Sen. John Thune, R-S.D., said his bill would offer incentives to farmers who plant switchgrass, fast-growing trees and other cellulosic feedstocks and deliver them to the nation's next generation of ethanol plants. Cellulose is the woody material in branches and stems that makes plants hard. "For cellulosic to achieve its potential, Congress needs to help this industry overcome some of the initial market barriers," Thune said Wednesday during a conference call. "And if we are serious in the country about reducing our dependence upon foreign oil, we have to be serious about giving the necessary jump start to America's budding alternative fuels industry and the farmers who supply it." [break] Playing Politics at the Pump When I say punishing the oil companies, I mean that the Stupak bill allows compulsory...
More About: Drum , Beat
Olam Raises Offer for Queensland Cotton (AP)
2007-05-28 00:00:00
Singapore's Olam International Ltd. raised its takeover bid for Australia's Queens land Cotton Holdings Ltd. on Monday, edging out a rival offer by 20-percent shareholder Louis Dreyfus Commodities BV of France, one of the world's largest cotton merchandisers.
More About: Offer
AP Executive Morning Briefing (AP)
2007-05-28 00:00:00
The top business news from The Associated Press for the morning of Monday, May 28, 2007: Wolfowitz Blames Media for Resignation
More About: Morning , Executive , Brief
Neighborhood Swayed by ‘Liar’s Loans’ (AP)
2007-05-27 00:00:00
Upstairs at Victory Chapel Church -- a cinderblock bunker converted from a long-ago Ford dealership -- the pews are reserved for praising heaven. But downstairs, in a basement rental hall, a pair of women preached of worldly wonders.
More About: Loans , Liar , Neighborhood
National Gasoline Prices
2007-05-27 00:00:00
Barry Ritholtz submits: Memorial Day weekend is the start of the summer driving season, so what better time for a few charts on gasoline prices? Complete Story »
More About: National , Gasoline , Line , Prices , Soli
Algeria, Brazil Sign Natural Gas Accord (AP)
2007-05-27 00:00:00
Algeria is to deliver liquified natural gas to Brazil under an accord signed Saturday between the state-run Sonatrach and Brazil's Petrobas.
More About: Natural Gas , Natural , Algeria , Sign
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