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Posts tagged: prices

News Summary: Wheat, energy and copper prices rise

May 22, 2012
WHEAT UP: Wheat futures rose 8.75 cents to settle at $7.04 a bushel. Investors have been concerned that hot weather in the U.S. and a drought in Russia could threaten this year's crops.

Expect lower gas prices heading into Memorial Day

May 18, 2012
If you're lucky enough to live in some parts of the United States, you may see gas pump prices fall to around $3.25 a gallon or less in the next week or two. Even West Coast drivers should get some relief from prices that are still above $4 a gallon.

Kraft cuts Maxwell House coffee prices in U.S

May 18, 2012
(Reuters) - Kraft Foods said on Friday it is has reduced prices on many of its coffees in the United States, including its flagship brand Maxwell House, by approximately 6 percent, effective immediately. "These changes reflect sustained decreases in the cost of green coffee," spokeswoman Bridget MacConnell told Reuters in ...

Commodity Prices Have Scope to Rise into the End of Trading Week

May 18, 2012
Crude oil and copper may rise amid profit-taking on risk aversion bets while gold and silver ride QE3 hopes and growing fears of Eurozone instability may spread.

German Producer Prices Were Higher than Expected in April

May 18, 2012
Market remained focused on political developments in the Eurozone, with political instability contributing to an intense bout of risk aversion and selling of currencies in favor of the US Dollar…

Facebook prices IPO at $38 US

May 18, 2012
Social networking giant Facebook Thursday priced its initial public offering at $38 US a share, generating $18.4 billion for its shareholders.

Oil Prices and the Death of Greece

May 17, 2012
As the Eurozone continues to show weakness, events last weekend in Athens may accelerate the situation. The downward movement in oil prices this week in both London and on the NYMEX testified to the rising concern. The aftermath of the Greek elections propelled the new radical left ...

US Dollar May Pull Back After Prices Set New Yearly High

May 17, 2012
The US Dollar has scope for a corrective pullback after prices hit a new 2012 high yesterday, which may produce a short-term recovery in the S&P 500.

Lower oil prices ease load on consumers and Obama

May 17, 2012
A threat that's been hanging over the economy is starting to look a lot less menacing.

Wheat prices climb as dry spell hits Kansas crop

May 15, 2012
Wheat prices rose Tuesday as crop condition in parts of Kansas deteriorated due to dry weather.