Oats, Coffee, Canola and Lumber Pip Energy as Best Performing Futures in 2022

Agricultural and energy futures and commodities rose sharply pumped by the reopening of economies in 2021 with the Covid -19 knock ons running roughshod over supply routes and employment. The biggest losers were last year’s winners, safe haven elements such as the VIX, treasuries and foodstuffs. Oat Futures closed up 89.74% this year. back in October the United Nations index shows that global food prices recently hit a decade high, oat futures hit an all-time high of $6.36 a bushel … Continue reading “Oats, Coffee, Canola and Lumber Pip Energy as Best Performing Futures in 2022”

Wake Up Call – The Day Ahead Dec 17 2021

A live recap of what happened while we slept overnight and what lies ahead. We go through charts on the S&P 500, Nasdaq, Russell, WTI Oil and Natural gas. With special guest the Turkish Lire. Markets continued softer after yesterday’s reversal off all-time highs. The Central Bank deluge continues with comments from CB talking heads. Quad Witching and a week before Christmas so be flat or nimble. Enjoy live commentary from Our Trading Room at youtube as the day wraps … Continue reading “Wake Up Call – The Day Ahead Dec 17 2021”

Wake Up Call – The Day Ahead Dec 16 2021

A live recap of what happened while we slept overnight and what lies ahead. We go through charts on the S&P 500, WTI Oil and Natural gas. Markets continued higher after yesterday’s reversal to all-time highs. The Central Bank deluge continued with the Bank of England and Norges Banks raising rates. Te SNB & ECB left rates unchanged. Enjoy live commentary from Our Trading Room at youtube as the day wraps up – feel free to like and share Last … Continue reading “Wake Up Call – The Day Ahead Dec 16 2021”

Fitch Expects Asia LNG, US Henry Hub Natural Gas, Tin and Lithium to Average Higher in 2022

Fitch Solutions In its latest industry report expects Asia LNG, US Henry Hub natural gas, tin and lithium to average higher in 2022. Fitch expects most other global commodity prices to pull back in 2022 from current levels. Fitch Solutions expects strong prices in 2021 to incentivize production in 2022, in particular in agriculture. The energy crisis in Asia and Europe and the shift towards Electric vehicles puts a bid on related commodities for the most part. Fitch Solutions said developing … Continue reading “Fitch Expects Asia LNG, US Henry Hub Natural Gas, Tin and Lithium to Average Higher in 2022”

Soybean, Soyoil and Soymeal Prices Fall With Broad Commodity Selloff

Soybean prices were hit by a general financial market malaise Friday after the Omicron variant hit the airwaves and a broad range of commodities. Soybean prices closed around 1% lower. Soyoil futures were much weaker falling 3% lower, with soymeal losing around 0.5%. Soybean prices closed around 1% lower. January futures fell 13 cents to $12.53 and March futures fell 13.75 cents to $12.6350. Soyoil futures were much weaker falling 3% lower, with soymeal losing around 0.5%. Soybean basis bids … Continue reading “Soybean, Soyoil and Soymeal Prices Fall With Broad Commodity Selloff”

Corn Avoids Commodity Selloff After Strong USDA Export Data

Commodities sold off across the board after the new Covid variant Omicron caused fear and uncertainty in Friday’s shortened session. Corn prices were in the red most of the day but turned green after better-than-expected export data from USDA took hold. Corn’s late-session rally helped prices jump more than 1% higher by the close, December futures added 6.5 cents to $5.8625, with March futures up 6.25 cents to $5.9175. Preliminary volume estimates were for 296,804 contracts, falling well below Wednesday’s … Continue reading “Corn Avoids Commodity Selloff After Strong USDA Export Data”

Oats, Canola, Cotton All Pip Silver and Oil as Best Performing Futures in October

Futures and commodities contined to be volatile in October of 2021 as energy markets ran roughshod. The biggest gainers were safehaven elements such as precious metals silver, platinum and palladium along with foodstuffs such as grains. The weakest was VIX as you would expect with US stock indices at record highs

Oatly Group World’s Original and Largest Oatmilk Company Running Into Headwinds With Record High Oats Prices

Sweden’s Oatly Group is facing headwinds of oats futures near a 7-1/2 hear high. Drought slashed supplies from top global supplier Canada at a time of robust demand for the grain. $OTLY is expanding beyond milk to ice cream, yogurt, cooking creams, spreads and on-the-go drinks Swedish-based Oatley is the world’s original and largest oat milk company with offerings of milk to ice cream, yogurt, cooking creams, spreads, and on-the-go drinks. The company has run into headwinds with food supply … Continue reading “Oatly Group World’s Original and Largest Oatmilk Company Running Into Headwinds With Record High Oats Prices”

Bloomberg Commodity Spot Index Soars To Record Highs With Food and Energy Crisis

A key guage of Commodities prices which tracks 23 energy, metals and crop futures contracts continued to surge higher over record highs set in 2011. Incredibly since hitting a four-year low in March 2020 the index has surged more than 90%.

Australian Farmers Grow and Sell Record $73 billion of Produce in 2021-22

Australia’s agriculture industry will produce a record $73 billion worth of produce in 2021-22 up from $66.3 billion in 2020-21 the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARE) September crop report released Monday said