Commodity News Digest

By Kristina Zurla Landgraf • May 27th, 2009 • Category: Commodity News Digest

Oil Hits 6-Month High, Saudi Says World Can Cope – Reuters

Rise in Sales Points to U.S. Housing Bottom – Reuters

U.S. Job Market May Need 5 Years to Fully Heal – Reuters

Economists: Recession to End in 2009 - CNNMoney

Surge in Supply of Stocks Could Dampen Rally - MarketWatch

Treasury Prices Plunge, Mortgage Hedging Cited – MarketWatch

Baltic Dry Index Exceeds $3,000 for First Time Since October - Bloomberg

Soybeans Rally to Eight-Month High as China Demand Erodes Supply – Bloomberg

U.S. Inflation to Approach Zimbabwe Levels, Faber Says – Bloomberg

Economist: Gas Prices Rising but Shouldn’t Top $3 a Gallon – Cattlenetwork

Dollar Mostly Higher as Treasury Buying Continues - AP/Yahoo Finance

29 Countries Blast U.S. Over New Dairy Subsidies – AP/Yahoo Finance

Prudent Chile Thrives Amid Downturn – WSJ

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