13.10.2010 - Soft commodities harden
From Investorschronicle.co.uk: In keeping with the global march upwards in commodities prices, soft commodities prices have spiked after markets were spooked by a US Department of Agriculture (USDA) report which slashed forecasts of global grain stocks. The USDA said grain supplies were "expected to fall dramatically" with stocks of coarse grain in the US and European Union likely to halve and corn stocks in the US also likely to halve. Weather problems and natural disasters such as the central Asian wildfires have hit northern hemisphere production hard..............................................Full Article: Source
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