Commodity News Digest - July 9, 2010

By Kristina Zurla Landgraf • Jul 9th, 2010 • Category: Commodity News Digest

Crude Oil Futures Top $76, Gain 5.5% on Week - MarketWatch

Gold Settles 1.2% Higher, Ekes Out Small Weekly Advance - MarketWatch

Steelmakers Brace for Weaker Demand and Prices - MarketWatch

Canada Adds 93,000 Jobs in June - The Globe and Mail

IMM Currency Speculators Trim U.S. Dollar Bets: CFTC - Reuters

U.S. Natgas Rig Count Climbs 4 to 964: Baker Hughes - Reuters

U.S. Copper Ends at 2-Wk Top, Eyes China Import Data - Reuters

Gold: Store of Value - Economist

Warren Buffett’s Favorite Economic Indicator: Rail - Carpe Diem

How Close to Deflation Are We? - Federal Reserve Bank of Atlanta

Corn Falls From Five-Month High as U.S. Inventory Forecast Tops Estimates - Bloomberg

Wheat Falls Most in Six Weeks on Forecast for Bigger U.S. Crop, Reserves - Bloomberg

Coffee Futures Rise to One-Week  High on Reduced Supplies; Cocoa Advances - Bloomberg

Crude Oil Faces a Volatile Third Quarter - TheStreet.com

A More Accurate Commodity Price Indicator - Journal of Commerce

How Big a Worry is the Baltic Dry Index? - WSJ

Record U.S. Wheat Yield Limits Losses in World Crop - AgriMoney

China Won’t Dump Dollar for Gold - CommodityOnline

Cooling Chinese Demand to Hit Hard Commodities - FT

IMF Calls for Deficit Cuts on U.S. - Real Clear Markets

ICE Sugar Review: Drops on Profit-Taking; Supplies Still Tight - Dow Jones/FutureSource

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