Commodities

India May Extend Duty-Free Imports of Raw Sugar Beyond August Deadline India, the world’s biggest sugar consumer, may allow duty-free imports of raw sugar beyond an August deadline to bolster domestic supplies.

Copper Falls in London, Set for Weekly Drop, on Concern Demand Will Slow Copper fell in London and New York, heading for a weekly drop, on concerns a weakening U.S. labor market will damage the recovery in demand for industrial metals.

India Rains Cover Entire Country 12 Days Earlier Than Normal, Aid Planting India’s monsoon covered the entire country today, 12 days before the normal date, aiding a revival in sowing of rice, corn and oilseeds delayed by below average rains last month, the weather bureau said.

Free-Range Goats Promise 12% Return in Rural Australia, MG Capital Says Free-range goat farming in rural Australia is a low-cost investment that may offer annual returns of as much as 12 percent, said Peter Hannen, chairman of private-equity firm MG Capital Plc.

Calyon Raises Precious Metals Forecasts on Expectations Dollar Will Weaken Calyon, the investment banking unit of Credit Agricole SA, raised its 2009 forecasts for gold and silver as a weaker dollar increases demand for the precious metals as an alternative investment.

Oil May Drop After Breaking 34-Day Average, PVM Says: Technical Analysis Crude oil may extend this week’s decline after falling below its 34-day average, according to technical analysis from PVM Oil Associates Ltd.