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Topics - Hemant

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1
Grain futures slide, livestock prices mixed



Source: Grain futures slide, livestock prices mixed

2
Senate vote hits US ethanol industry

The US ethanol industry will seek a subsidy safety net linked to oil prices after the Senate voted heavily to scrap two of the principal supports for the corn-based biofuel, suggesting the subsidies will finish by the end of the year.

Source: Senate vote hits US ethanol industry

3
Senate votes to end ethanol subsidies

The Senate vote to kill two tax breaks for the ethanol industry, with more than half of the chamber's Republicans joining Democrats to approve the measure.

Source: Senate votes to end ethanol subsidies

4
Metals Stocks: Gold futures tick higher amid Greek woes

Gold futures tick higher as investors favor the previous metal amid escalating concerns about European sovereign-debt issues.

Source: Metals Stocks: Gold futures tick higher amid Greek woes

5
Mexico: China keeps its distance

Jack Liu had plenty of time on his hands  last weekend as he sat at his stand in the  Mexican Oil Congress. ?This is the third year our company has taken a stand at the [oil] congress,  but we?ve never raised any business,? said Liu, a manager at Beijing-based LandOcean Energy Services, a high-tech data …Continue reading: "Mexico: China...

Source: Mexico: China keeps its distance

6
Polish inflation: increasingly political

Poland avoided the worst of the global economic crisis. But, with figures published on Thursday showing May’s inflation rising to an annual rate of 5 per cent, is the country now at risk of over-heating? Possibly, says the central bank, which has raised interest rates four times this year. Definitely not, says the government. In...

Source: Polish inflation: increasingly political

7
Forex Market: News/ Trend/ Technical Analysis / London headlines
« on: June 15, 2011, 11:01:25 am »
London headlines

* China warns over South China Sea dispute * Singh aide urges India to end energy subsidies * Brazil to rein in lending by BNDES * IMF warns Russia of reform or recession * Chevron bets on power from $30bn volcanoes in Indonesian rainforest * ENRC ?Soviet-style? control accusation denied * PCCW set to build UK broadband network * China...

Source: London headlines

8
Senate sidetracks move to repeal ethanol credit

The Senate refused to kill a $5 billion annual subsidy for ethanol on Tuesday, backing continued government aid for a Farm Belt-based industry over deficit reduction in an era of record red ink.

Source: Senate sidetracks move to repeal ethanol credit

9
NYMEX-U.S. crude up more, post-settle, on API draw

* U.S. May retail sales dip, but less than feared * API: crude stocks down, gasoline up, distillates off * U.S. discount to Brent hits record $22.80 * Coming up: EIA stocks data, 10:30 a.m. EDT Wednesday ...

Source: NYMEX-U.S. crude up more, post-settle, on API draw

10
Senate to vote on repealing ethanol tax credits

With lawmakers desperately working to shave federal budget deficits, the Senate is debating a measure to eliminate ethanol tax credits that pay the oil industry $5 billion a year. The biggest defenders of the subsidies, however, include farm belt conservatives leading the charge for less government.

Source: Senate to vote on repealing ethanol tax credits

11
Futures Movers: Oil futures gain as dollar declines

Benchmark crude-oil futures snap a two-day losing streak, assisted by a weaker dollar.

Source: Futures Movers: Oil futures gain as dollar declines

12
Grain futures trade mixed, livestock prices rise



Source: Grain futures trade mixed, livestock prices rise

13
Israel authorises Noble to develop Noa gas field

TEL AVIV, June 13 (Reuters) - Israel's InfrastructureMinistry has authorised Texas-based Noble Energy (NBL.N: Quote , Profile , Research , Stock Buzz ) tobegin developing the Noa natural gas field ...

Source: Israel authorises Noble to develop Noa gas field

14
KOGAS says May domestic LNG sales up 8.3 pct y/y

SEOUL, June 13 (Reuters) - South Korea's state-run Korea GasCorp (KOGAS) said on Monday it had sold 2.09 milliontonnes of liquefied natural gas (LNG) domestically in May, up8.3 percent from a year ...

Source: KOGAS says May domestic LNG sales up 8.3 pct y/y

15
Tanzania won't impose tax on existing mining firms

DAR ES SALAAM, June 12 (Reuters) - Tanzania will not imposea proposed super profit tax on existing mining companies, butwill negotiate with the companies to have them pay the new tax,the east African country's ...

Source: Tanzania won't impose tax on existing mining firms

16
7 Commodity Stocks to Consider on Current Weakness



Source: 7 Commodity Stocks to Consider on Current Weakness

17
Brazil proposes rules to boost ethanol stocks

SAO PAULO, June 11 (Reuters) - Brazil's energy regulatorhas proposed rules to ensure sufficient stocks of ethanol fuel,its first move in plans to increase regulation of the stagnantindustry and prevent ...

Source: Brazil proposes rules to boost ethanol stocks

18
Argentina: fighting fires on inflation

The credibility of Argentina?s national statistics institute has long since gone up in smoke. When its headquarters literally followed suit on Friday (fire engulfed five floors of the building in central Buenos Aires, apparently caused by a short-circuit), few believe much damage could possibly have been done to the price statistics the agency...

Source: Argentina: fighting fires on inflation

19
Grain futures mostly up, livestock prices mixed



Source: Grain futures mostly up, livestock prices mixed

20
Australia govt to unveil draft mining tax laws

CANBERRA, June 10 (Reuters) - Australia's Treasury plans torelease draft legislation on its controversial mining profitsand allow for public submissions to the draft until July 14, theTreasury said ...

Source: Australia govt to unveil draft mining tax laws

21
Corn prices surge on tight 2012 inventory forecast

Corn prices surged Thursday after the government lowered its estimate for this summer's crop and predicted global inventories will remain tight in 2012.

Source: Corn prices surge on tight 2012 inventory forecast

22
UPDATE 1-Australia union: no plans for wider strike at BHP-Mitsubishi coal mines

* Sporadic work stoppages, but no strike plans atBHP-Mitsubishi coal mines-union * Concerns include role of non-union staff * BHP-Mitsubishi urges union workers to rethink action (Adds details, quotes) ...

Source: UPDATE 1-Australia union: no plans for wider strike at BHP-Mitsubishi coal mines

23
Today in Commodities: OPEC Sets the Tone



Source: Today in Commodities: OPEC Sets the Tone

24
Grain futures rise, livestock prices mixed



Source: Grain futures rise, livestock prices mixed

25
Oil falls below $99 ahead of OPEC meeting

Oil prices fell below $99 a barrel Wednesday in Asia amid signs OPEC may raise its crude production quotas at a meeting in Vienna.

Source: Oil falls below $99 ahead of OPEC meeting

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