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The grain markets are highly weather dependent. The slightest whisper of a weather change can move grains by large magnitudes. And with crops in Canada and China in danger of freezing, some grains recorded two-year highs.

Western Canada experienced frost last week, damaging the region's crops, including wheat, canola and barley. Similarly, parts of China also experienced freezing weather, threatening some grain crops there. Meanwhile, in Russia, the severe drought, which caused the country to ban wheat exports, is continuing. Russian farmers have planted 39% less winter grains this year, according to Bloomberg.

Continue reading Corn, Wheat and Soybean Prices Surge Higher on Weather Problems

Corn, Wheat and Soybean Prices Surge Higher on Weather Problems originally appeared on BloggingStocks on Mon, 20 Sep 2010 10:00:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>canadacommoditiescornfrostgraininthenewsrussiasoybeanswheatMon, 20 Sep 2010 10:00:00 EST<![CDATA[Analyst upgrades 7-26-07: BIDU, DCX, EXPE and USG]]>http://www.bloggingstocks.com/2007/07/26/analyst-upgrades-7-26-07-bidu-dcx-expe-and-usg/http://www.bloggingstocks.com/2007/07/26/analyst-upgrades-7-26-07-bidu-dcx-expe-and-usg/http://www.bloggingstocks.com/2007/07/26/analyst-upgrades-7-26-07-bidu-dcx-expe-and-usg/#commentsFiled under: , , , , , ,

MOST NOTEWORTHY: DaimlerChrysler (DCX), Omniture (OMTR), Convergys (CVG), Expedia (EXPE) and Baidu.com (BIDU) were today's noteworthy upgrades:
  • WestLB upgraded shares of DaimlerChrysler (NYSE: DCX) to Buy from Add after the company raised the profit margin forecast for its Mercedes unit.
  • Omniture (NASDAQ: OMTR) was upgraded by Piper Jaffray to Market Perform from Underperform to reflect the company's strong revenue momentum and expanding margins.
  • Wedbush upgraded Convergys (NYSE: CVG) to Hold from Sell on valuation.
OTHER UPGRADES:
  • Bear Stearns upgraded shares of Ryder System (NYSE: R) to Outperform from Underperform.
  • Lehman raised EnCana Corp (NYSE: ECA) to Equal Weight from Underweight.
  • USG Corp (NYSE: USG) was raised to Neutral from Underperform at Buckingham.
  • Morgan Keegan upgraded shares of Panera Bread (NASDAQ: PNRA) to Outperform from Market Perform.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).

Analyst upgrades 7-26-07: BIDU, DCX, EXPE and USG originally appeared on BloggingStocks on Thu, 26 Jul 2007 11:14:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>analystbaidubiducfrchryslerconvergyscullencvgdaimlerdcxecaencanaexpeexpediafrostomnitureomtrpanerapnrarratingryderupgradeusgThu, 26 Jul 2007 11:14:00 EST