Summary Wheat futures rise due to rainstorms in midwestern US and limited corn supply Cocoa prices peak as Ivory Coast and Ghana seek to cut supply Gold prices continue rally among global political tension Wheat Persistent rainstorms in the US Great Plains area did not leave wheat untouched, with wheat futures climbing to the highest […]
Summary We are currently in what is referred to as a “Weather Market” in grain commodities as unusually bad weather continues to plague the Midwest and dictate market moves to the upside. Coffee markets influenced by currency fluctuations and natural factors. Production Issues in Ghana and Ivory Coast lead to decrease in Cocoa production and […]
Summary: Rallying oil prices drives demand for natural rubber Heavy rain threatens wheat production Wheat Futures Peaked Wheat prices are higher in multiple markets, with short-covering gaining momentum from slow spring wheat planting and potential damage to some of the crops in key production regions as it heads toward maturity. Short-covering are also supportive to […]
Commodities market review Grain market experienced a volatile week from July 23 to July 27 due to some heavy-handed external influences. Three of the main grain products, wheat, soybean and corn all greatly rallied over the week, caused by a combining effect of global weather concerns and the announcement of $12 billion aid to American […]
Gold and Commodities Market Review (Source: Commodity Trade Mantra) Sound US Economy Contained Precious Metal Price Gold market experienced another wave of selling pressure in the past week, mainly because of the bullish US economic outlook and stronger USD. Gold price dropped below $1230 per ounce last Tuesday immediately after the comments from Federal Reserve […]
For all time, agricultural production is the result of a combination of two factors: financing and weather. This argument got strong support from the increased volatility in grains price over the past few months. The trembling in the market was primarily caused by firstly, this year’s drought conditions in Argentina and secondly, the tariffs and […]
Commodity Forecast from March 15th, 2017 to March 29th, 2017 based on I Know First’s stock forecast algorithm.
Commodity Forecast from March 14th, 2017 to March 28th, 2017 based on I Know First’s stock forecast algorithm.
