Roberts: Adequate Supplies; Rising Feed Costs Raise Concerns
Roberts: Adequate Supplies; Rising Feed Costs Raise Concerns
CattleNetwork.com – CORN in Chicago on the Chicago Board of Trade (CBOT) finished higher a range of 6.0 /bu lower to 3.0 /bu higher with the DEC 06 futures contract closing at $3.166/bu, up 2.2 /bu from the last close and 27.2 /bu higher than last Monday. Three
Deutsche Boerse Droops On CME, CBOT Deal
Newratings.com – 1235 GMT [Dow Jones] Deutsche Boerse (DB1.XE) -2.2% at EUR124.75, drooping after news that CME (CME) is to acquire CBOT (BOT), traders say. The merger scuttles the potential for CME to merge or cooperate with Deutsche Boerse, says one. It was
CME-CBOT deal draws objections
Crain's Chicago Business – (Reuters) A proposed merger between the two largest U.S. futures exchanges is coming under fire from the leaders of other exchanges, but despite some strident objections analysts expect the deal to move ahead. The merger, announced last week
Chicago Mercantile to Acquire CBOT for $8 Billion
NPR News – All Things Considered , October 17, 2006 The Chicago Mercantile Exchange is acquiring its cross-town rival, the Chicago Board of Trade, in a stock swap valued at $8 billion. Both organizations are institutions in Chicago. The two markets have
US gold rises 1.5 percent, bulls chase over $600/oz
Reuters – EDT (1841 GMT) (http://www.cbot.com/cbot/pub/page/0,3181,297,00.html). The dollar fell to a 20-day low against the euro and lost ground to the yen, which lowered the gold purchasing price to non-dollar investors. The focus remains on oil, which on
Merc, CBOT rich with history
Chicago Tribune – Leo Melamed, who led the Chicago Mercantile Exchange for decades, said its acquisition of the Chicago Board of Trade announced today would"preserve"Chicago's stature as a global center for managing financial risk. And fellow Merc leader Jack
CME-CBOT deal will drive more volume, more products
Crain's Chicago Business – (Reuters) Trading growth at the combined Chicago Mercantile Exchange and Chicago Board of Trade is likely to be driven by existing products, but the mega-mart will also be in stronger position to add new contracts. The bump in stock prices from
Chicago Merc to buy CBOT for $8 billion
Crain's Chicago Business – (Reuters) Chicago Mercantile Exchange Holdings Inc. said on Tuesday it would buy crosstown rival CBOT Holdings Inc. for more than $8 billion, ending a century of bitter competition to create the world's largest publicly traded exchange by market
Corporate report
Herald Tribune – CBOT Holdings — The Chicago Board of Trade parent, which is being acquired by the Chicago Mercantile Exchange for $8 billion in stock, said third-quarter net income rose to $48.8 million, or 92 cents a share, in the latest period, from $19.8 million
CBOE seat price sets another record
Crain's Chicago Business – The price of CBOE memberships rose this week after two of the largest futures exchanges, the Chicago Mercantile Exchange and CBOT Holdings Inc., announced a deal on Tuesday that will put the trading powerhouses together and create the world's largest