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Energy
Futures |
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Crude
Oil, Propane,
Natural
Gasoline,
Unleaded Gasoline, Heating
Oil/Diesel, Unleaded Gas,
Natural
Gas |
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Industrial
Metals Futures |
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Copper,
Aluminum,
Cadmium,
Chromium,
Cobalt,
Magnesium,
Manganese,
Mercury,
Nickel,
Zinc,
Tin,
Steel/Iron,
Lead
, Tungsten,
Titanium,
Vanadium,
Uranium,
Palladium
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Precious
Metals Futures |
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Gold,
Silver,
Platinum |
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Grains
Futures |
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Corn,
Canola,
Soybeans,
Soybean Meal, Sunflowerseed,
Soybean
Oil, Azuki
Beans, Palm
Oil, Wheat, Barley,
Oats,
Rice
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Meats
Futures |
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Live
Hogs, Live
Cattle, Pork
Bellies Feeder
cattle |
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Food/Fibre/Softs
Futures |
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Cocoa,
Coffee,
Milk,
Plastics,
Pepper,
Potatoes,
Paper,
Salt,
Sugar,
Silk,
Tobacco,
Tea,
Lumber,
Onions,
Wool,
Cotton,
Orange
Juice, Rubber |
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ONIONS FUTURES |
Onions are the bulbs of
plants in the lily family. Onions can be eaten raw, cooked,
pickled, used as a flavoring or seasoning, or dehydrated.
Onions, by value, rank in the top 10 vegetables
produced in the US. Since 1629, onions have
been cultivated in the US, but are believed to be indigenous
to Asia.
Onions that are planted
as a winter crop in warm areas are milder in taste and odor
than onions planted during the summer in cooler regions.
The two main types of onions produced in the US are yellow
and white onions. Yellow varieties comprise approximately
75% of all onions grown for bulb production in the US.
Prices – Onion prices in 2003 rallied
to a record yearly average of .53 per hundred pounds, up
66% from .73 in 2002. The record high yearly average price
in 2003 was due to an upward spike in April to .80. Prices,
however, fell back to the area by late in 2003.
Supply – US production in 2002 was
little changed at 6.761 billion pounds. The farm value of
the US production crop in 2002 was million, up from million
in 2001. US farmers harvested 160,220 acres in 2002, which
was a 9-year low. The yield per acre in 2002 was 42,200
pounds per acre.
Demand – US per capita consumption
of onions in 2003 rose to 19.5 pounds from 19.3 pounds in
2002.
Trade – US exports of fresh onions
in 2002 totaled 700 million pounds, and imports were not
far behind at 610 million pounds.
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Food/Fiber/Softs
Futures is also spread to:
|Cocoa|Coffee|Milk|Pepper|Potatoes|Plastics|
Paper|Salt|Sugar|Silk|Tobacco|Tea|Lumber|
Onions|Wool|Cotton|Orange
Juice|Rubber| |
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