The Forecast Next Week Is Ugly, So Why Isn't A Weather Rally Now Underway?
Much of the U.S. will see above-normal temperatures next week, but you wouldn't know it by looking at commodity prices. Fund liquidation seems to be a growing trend, with commodity markets under pressure in July.
Bearish CPI Could be High, Indicates Demand Destruction and Signals Fed Action
Is it possible the Consumer Price Index at 9.1% is the highest inflation rate printed? “I would say yes because I trade commodities all day and none of the commodities that generated that 9.1% are currently happening,” says Tommy Grasafi, Advance Trading. That's prime evidence demand is already slowing down.
Understanding How To Trade An Inverse Market Can Add Profits To A Farm Operation
Jon Scheve discusses his strategy behind recent trades in an inverse market — when the nearby contract is higher than the contract after it. An inverse signals the market needs grain now.
John Phipps: It's Now Less About the Supply of Oil, And More About Refining Capacity in the U.S.
Refining capacity starts with the number of operable plants, which has been slowly declining for years. The plunge in oil demand during the pandemic prompted the closure of some refineries, especially older, less efficient ones.