Supportive fundamentals, lingering geopolitical risks and expectations of Federal Reserve easing suggest the complex will trend higher next year. However, with plenty of...
The prices of most food commodities have dropped significantly from the highs seen during the shortages of 2022. Wheat is down 60%, coffee has fallen by 30% and soybeans are...
Brazil planted a record soybean crop only to see unusually dry and hot weather create concerns for the harvest. Furthermore, Argentina had an extreme shortfall of soybean meal...
The oil market rallied yesterday on the back of a constructive OPEC report. Today, all attention will be on the IEA’s monthly oil report and whether the agency shares the...
The USDA’s latest monthly WASDE report was constructive for wheat as adverse weather in Australia, Canada and the EU is expected to tighten global supply. However, the...
Wheat rockets on crisis of confidence over Putin, Russia grains corridor decision Global production suggests tight market, meaning potential for more upside Technical outlook...
The oil market saw a second day of gains yesterday with Friday’s strong US jobs report providing support. In addition, the oil market is seeing further supply...
Oil prices came under pressure yesterday on the back of a stronger USD. Energy - Progress on Northern Iraqi Oil Exports Oil prices started the trading week on a weak footing. ICE...
The commodities complex has been unable to escape the spillover from the SVB collapse, with large parts of the complex coming under pressure. Today’s US CPI print will be...
Maybe it’s just Valentine’s Day, so the food and commodities market sees a push to chocolates, flowers, and fine dining. And maybe not. The CPI came out with an unexpected...
Well it took a little longer then I originally anticipated but it's working nicely. The longer it takes the harder it breaks . look to cover open shorts @ 12.79
2
Why so cheap
0
oversold.
1
Maybe we find that 1294 gap eh?
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If it can somehow get back to 1330 look out
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Honestly i was kind of expecting that
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Next big up.....buy only Buy+++
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Uncanny how China is timing these flash sales
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Wonder how many sales theyre going to back out of later….
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Depends how that SA crop looks next month
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soybeans this month end 1380
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soybeans trying to go higher towards 1400 and possibly beyond
3
I mean have you looked at carry cost in the us Vs sa?
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on what basis
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$1300 before weekend
4
There will be shortage of soybeans and corn in 2024.