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	<title>Commodity Blog</title>
	<link>http://www.commodityblog.com</link>
	<description>Commodity Prices and Analysis</description>
	<lastBuildDate>Tue, 16 Mar 2010 20:08:56 +0000</lastBuildDate>
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	<item>
		<title>Wheat &amp; Copper Fall as Dollar Advance, Cocoa Price Drops</title>
		<description><![CDATA[Wheat advanced after the&#160;dollar fell, spurring appeal of&#160;the&#160;grain to&#160;overseas buyers. The&#160;dollar slid 0.5 percent versus a&#160;basket of&#160;six major currencies. May futures for&#160;wheat delivery advanced $0.0525 (1.1 percent) to&#160;$4.845 per bushel by&#160;9:54 on&#160;the&#160;Chicago Board of&#160;Trade.
Copper climbed to&#160;the&#160;two-week high as&#160;the&#160;weaker dollar boosted demand for&#160;commodities as&#160;an&#160;inflation hedge. Price also jumped as&#160;inventories of&#160;LME-monitored copper dropped to&#160;528,050 metric tons, the&#160;lowest [...]]]></description>
		<link>http://www.commodityblog.com/commodity-prices-copper/wheat-copper-fall-as-dollar-advance-cocoa-price-drops</link>
			</item>
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		<title>Commodity Prices — March 16th 2010</title>
		<description><![CDATA[Latest commodity prices (ICE, NYMEX, CME) as&#160;of&#160;16:51 GMT:
Oil (Brent) — $80.33
Gold — $1,123.03
Silver — $17.33
Palladium — $471.50
Platinum — $1,621.88
Copper — $7,420.00
Aluminum — $2,254.00
Nickel — $21,851.00
Zinc — $2,309.00
Cocoa — $2,852.00
Sugar — $18.39
Corn — $365.50
Soybean — $940.75
Posted on Commodity blog.]]></description>
		<link>http://www.commodityblog.com/commodity-prices/commodity-prices-%e2%80%94-march-16th-2010</link>
			</item>
	<item>
		<title>Video: Interview on Current Situation in Commodity Market</title>
		<description><![CDATA[Jonathan Barratt, Managing Director of&#160;Commodity Broking Services, is interviewed in&#160;this video on&#160;the&#160;current situation in&#160;the&#160;commodity market. The&#160;China&#8217;s growth is slowing, the&#160;AAA-grade credit ratings of&#160;the&#160;U.S. and&#160;the&#160;United Kingdom may be revised by&#160;Moody&#8217;s and&#160;Greece isn&#8217;t getting much help from the&#160;fellow Eurozone members. But Jonathan remains rather positive on&#160;the&#160;commodities, believing that the&#160;problems aren&#8217;t that serious as&#160;the&#160;media is trying to&#160;show them [...]]]></description>
		<link>http://www.commodityblog.com/commodity-trading-videos/video-interview-on-current-situation-in-commodity-market</link>
			</item>
	<item>
		<title>Copper Forecast &#8212; Possible Factors of Influence</title>
		<description><![CDATA[Copper is an&#160;industrial metal important for&#160;housing construction. It&#8217;s also used in&#160;construction of&#160;refrigerators, automobiles, cell phones and&#160;other goods. Copper was steadily rising in&#160;the&#160;past year, but it experienced sharp decline through January to&#160;the&#160;beginning of&#160;February. Then, in&#160;the&#160;second half of&#160;February to&#160;March, the&#160;metal rebounded. What do analysts say about copper&#8217;s perspective? In&#160;fact, opinions vary on&#160;this matter.
There are voices supporting optimistic [...]]]></description>
		<link>http://www.commodityblog.com/commodity-prices-copper/copper-forecast-possible-factors-of-influence</link>
			</item>
	<item>
		<title>Record Demand for Soybeans, Wheat Falls as Dollar Rises</title>
		<description><![CDATA[Soybeans gained after demand for&#160;the&#160;grain from makers of&#160;animal feed and&#160;vegetable oil in&#160;the&#160;U.S. increased in&#160;the&#160;past month. Processors consumed 148.35 million bushels of&#160;soybeans in&#160;February, which is 15 percent higher than in&#160;the&#160;previous year and&#160;highest level for&#160;the&#160;month ever. Dwindling U.S. stockpiles is a&#160;supportive factor for&#160;the&#160;grain price. May futures for&#160;soybean delivery rose $0.0525 (0.6 percent) to&#160;$9.3075 per bushel as&#160;of&#160;11:25 on&#160;CBoT.
Wheat [...]]]></description>
		<link>http://www.commodityblog.com/commodity-prices-soybeans/record-demand-for-soybeans-wheat-falls-as-dollar-rises</link>
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		<title>Commodity Prices — March 15th 2010</title>
		<description><![CDATA[Latest commodity prices (ICE, NYMEX, CME) as&#160;of&#160;17:36 GMT:
Oil (Brent) — $77.80
Gold — $1,105.60
Silver — $17.09
Palladium — $457.50
Platinum — $1,609.66
Copper — $7,312.00
Aluminum — $2,230.00
Nickel — $21,562.00
Zinc — $2,275.00
Cocoa — $2,853.00
Sugar — $19.34
Corn — $363.50
Soybean — $931.50
Posted on Commodity blog.]]></description>
		<link>http://www.commodityblog.com/commodity-prices/commodity-prices-%e2%80%94-march-15th-2010</link>
			</item>
	<item>
		<title>Technical Analysis, March&#160;15th — March&#160;19th, 2010</title>
		<description><![CDATA[The&#160;technical analysis, that includes the&#160;indicators&#8217; data and&#160;major pivot points for&#160;Brent Oil, Gold, Silver and&#160;Copper as&#160;traded on&#160;spot market as&#160;of&#160;March 13th 2010:



Indicators



Moving Averages
RSI
Parabolic SAR
CCI



Oil
Long
Neutral
Long
Neutral


Gold
Long
Neutral
Short
Neutral


Silver
Long
Neutral
Short
Neutral


Copper
Long
Neutral
Short
Neutral







Floor Pivot Points



3rd Sup
2nd Sup
1st Sup
Pivot
1st Res
2nd Res
3rd Res



Oil
76.17
77.45
78.86
80.14
81.55
82.83
84.24


Gold
1056.64
1078.41
1093.80
1115.57
1130.96
1152.73
1168.12


Silver
15.94
16.37
16.78
17.21
17.62
18.05
18.46


Copper
7082
7220
7353
7491
7624
7762
7895







Woodie&#8217;s Pivot Points



2nd Sup
1st Sup
Pivot
1st Res
2nd Res


Oil
77.48
78.94
80.17
81.63
82.86


Gold
1076.82
1090.62
1113.98
1127.78
1151.14


Silver
16.37
16.78
17.21
17.62
18.05


Copper
7219
7352
7490
7623
7761







Camarilla Pivot Points



4th Sup
3rd Sup
2nd Sup
1st Sup
1st Res
2nd Res
3rd Res
4th Res


Oil
78.80
79.54
79.79
80.03
80.53
80.77
81.02
81.76


Gold
1088.76
1098.98
1102.39
1105.79
1112.61
1116.01
1119.42
1129.64


Silver
16.74
16.97
17.05
17.12
17.28
17.35
17.43
17.66


Copper
7338
7412
7437
7462
7512
7537
7562
7636







Fibonacci Retracement Levels



Oil
Gold
Silver
Copper

100.0%
81.41
1137.33
17.63
7628


61.8%
80.38
1123.13
17.31
7524


50.0%
80.07
1118.75
17.21
7493


38.2%
79.75
1114.37
17.11
7461


23.6%
79.35
1108.94
16.99
7421


0.0%
78.72
1100.17
16.79
7357



(...)Read the rest of Technical Analysis, March&#160;15th — [...]]]></description>
		<link>http://www.commodityblog.com/commodity-prices/technical-analysis-march15th-%e2%80%94-march19th-2010</link>
			</item>
	<item>
		<title>Corn &amp; Oil Decline</title>
		<description><![CDATA[Corn futures fell in&#160;Chicago today, heading for&#160;a&#160;second straight weekly loss. May futures for&#160;corn delivery dropped $0.0275 (0.8 percent) to&#160;$3.625 per bushel as&#160;of&#160;9:53 on&#160;CBoT.
Crude oil dropped amid falling confidence among U.S. consumers today. Earlier oil prices rose after retail sales went up 0.3 percent. Analysts forecasted that retails purchases will decline 0.2 percent. April delivery for&#160;crude [...]]]></description>
		<link>http://www.commodityblog.com/commodity-prices-oil/corn-oil-decline</link>
			</item>
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		<title>Commodity Prices — March 12th 2010</title>
		<description><![CDATA[Latest commodity prices (ICE, NYMEX, CME) as&#160;of&#160;16:08 GMT:
Oil (Brent) — $80.26
Gold — $1,108.80
Silver — $17.18
Palladium — $463.52
Platinum — $1,617.16
Copper — $7,484.00
Aluminum — $2,268.00
Nickel — $21,700.00
Zinc — $2,356.00
Cocoa — $2,820.00
Sugar — $19.52
Corn — $353.75
Soybean — $926.00
Posted on Commodity blog.]]></description>
		<link>http://www.commodityblog.com/commodity-prices/commodity-prices-%e2%80%94-march-12th-2010</link>
			</item>
	<item>
		<title>Wheat &amp; Coffee Prices Follow Changes in Inventories</title>
		<description><![CDATA[Wheat prices slipped to&#160;a&#160;monthly low after report that U.S. stockpiles will touch the&#160;record level in&#160;22 years. U.S. wheat inventories will increase to&#160;27.2 million metric tons by&#160;May 31st. Before today wheat slid on&#160;speculation about growing world supplies. May futures for&#160;wheat delivery declined $0.03 (0.6 percent) to&#160;$4.785 per bushel as&#160;of&#160;10:14 on&#160;CBoT.
Coffee futures gained in&#160;New York after stockpiles [...]]]></description>
		<link>http://www.commodityblog.com/commodity-prices-coffee/wheat-coffee-prices-follow-changes-in-inventories</link>
			</item>
	<item>
		<title>Commodity Prices — March 11th 2010</title>
		<description><![CDATA[Latest commodity prices (ICE, NYMEX, CME) as&#160;of&#160;17:06 GMT:
Oil (Brent) — $80.24
Gold — $1,106.80
Silver — $17.08
Palladium — $458.00
Platinum — $1,585.20
Copper — $7,456.00
Aluminum — $2,233.00
Nickel — $21,322.00
Zinc — $2,338.00
Cocoa — $2,844.00
Sugar — $19.34
Corn — $355.00
Soybean — $931.50
Posted on Commodity blog.]]></description>
		<link>http://www.commodityblog.com/commodity-prices/commodity-prices-%e2%80%94-march-11th-2010</link>
			</item>
	<item>
		<title>Decline of Sugar &amp; Wheat Futures, Advance of Soybeans</title>
		<description><![CDATA[Sugar futures dropped to&#160;a&#160;lowest in&#160;seven months in&#160;New York as&#160;production rose in&#160;Brazil and&#160;India, the&#160;largest producers in&#160;the&#160;world. India&#8217;s production will reach 16.8 million metric tons in&#160;the&#160;year ending September 30th, while output in&#160;Brazil more than doubled in&#160;the&#160;second half of&#160;February from a&#160;year earlier. Traders are holding their purchases in&#160;hopes for&#160;further price decline. May futures for&#160;sugar delivery fell $0.0063 (3.1 [...]]]></description>
		<link>http://www.commodityblog.com/commodity-prices-soybeans/decline-of-sugar-wheat-futures-advance-of-soybeans</link>
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