Cargill Inc., one of the world’s biggest cotton traders, didn’t breach a contract when it sold the commodity on behalf of an Alabama cooperative in 2011 and 2012, Memphis Cotton Exchange arbitrators ruled.
What follows are opening calls for U.S. grain and oilseed markets.
Cash premiums for soybeans shipped to export terminals near New Orleans widened relative to Chicago futures as U.S. farmers withheld supplies to focus on planting crops before rains later this week.
"It's all the kindergarten through 12th grade teachers, all the cops, public higher-education folks, jailers and judges."
- Jeff Thompson on Sep 25, 2011