Weekly commodity wrap-up
Cattle bolt on low supplies Live cattle futures made a run for a record rise in prices in a jump of eight cents per pound…
Cattle bolt on low supplies Live cattle futures made a run for a record rise in prices in a jump of eight cents per pound…
Beans Smashed, Wheat Sprouts Soybeans saw heavy liquidation from funds, fears of recession, and fears of big Brazilian supplies and exports. The decline in palm,…
Crude Crashes West Texas oil futures sank more than $11.00 per barrel during the week, with April delivery crude hitting a low of $65.17 on…
Stock Futures Get Smashed On Wednesday, stock index futures were lower in the overnight trade but recovered briefly after jobless claims were higher than expected….
Double trouble from hurricanes A new study released in the journal “Nature Climate Change” last week predicts consecutive hurricanes and other tropical storms will occur…
Cattle: Frozen and Mad Cattle in the world’s two largest producing nations are in crises and, therefore, for the world’s largest beef importer as well….
Metals Tarnished by Dollar Strength A rise in the producer price index and Thursday’s hot jobs data prompted the Federal Reserve to warn of further…
Wheat Wakes Up on Russian News Geopolitics heavily influenced wheat this week. Russia cut back on oil production, which could hurt Ukraine if it limits…
Orange Juice Catches on Fire Frozen concentrated OJ has become the hottest game in town among investors and speculators, at least among the commodities staples…
Traders High on Coffee and Sugar Coffee and sugar prices were the most energized commodities out of all agricultural markets this week. Better demand, reflected…