Commodity News around the Web

Weekend commodity news roundup

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Markets drop with oil on broad quarter-end selloff

Commodities ended broadly lower on Friday, extending losses from the previous session, after a drop in oil prices and profit-taking by funds preparing to close first quarter trade.

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Brazil's Real Falls on Commodities Drop, Concern Over Surplus

Brazil's real weakened for a second day on concern declining commodity prices and a narrowing trade surplus will lessen demand for the currency.

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Canada dollar sags on commodities, bonds mixed

The Canadian dollar ended lower against the U.S. dollar on Friday as commodity prices fell and worries persisted about the health of the U.S. economy and the potential for spillover effects on Canada.

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NYSE buys $55m interest in India exchange

NYSE Euronext Inc., the American-European corporation that operates numerous securities exchanges worldwide, has signed an agreement to purchase a 5-percent interest in the independent Multi Commodity Exchange of India Ltd. for $55 million.

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Sempra Energy ratings not affected by final approval for commodities jv - S&P

Standard & Poor's Ratings Services said its ratings and outlook on Sempra Energy (NYSE:SRE) are not affected, after the company received final regulatory approval to form the commodities-marketing joint venture, RBS Sempra Commodities.

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Commodities Bubble Burst? Big Clue Comes Monday

Investors wondering whether the agricultural commodities bubble has burst will get some important clues in Monday's annual crop plantings report, considered a bellwether for the direction of farming activity for the year.

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How Expensive is the Food for Food?

I want to share my opinion in answer to a few questions I've received about the increased margin requirements imposed by the Chicago Mercantile Exchange (CME) for crops of agriculture futures.

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