Soybeans sink as U.S. weather seen improving, reversing recent rally

Why some heat & dryness in the western corn belt may not be enough for any major bull market

Weather Wealth looks at the bullish and bearish fundamentals for corn, soybeans, spring wheat, oats, and canola. Heat and dryness in the western corn belt may not be enough for any major bull market. Weather Wealth clients use Best Weather Spiders to gauge market direction. Jim Roemer is a meteorologist and a Commodity Trading Advisor.

Commodity Roundup: UBS's Marcelli sees higher prices ahead despite demand concerns

DBA: The Commodities That Feed And Increasingly Power The World

Commodity Roundup: Gold, oil fall as investors turn cautious ahead of U.S. economic data

Commodity Roundup: India slashes import tax on gold and silver; copper extends slump

Weekly Report: what happened at DBA last week (0715-0719)?

Commodity Roundup: Gold holds steady, oil reverses early gains amid Gaza ceasefire hopes

Gold prices up 0.28% to $2,401.78 an ounce. President Joe Biden pulls out of presidential race. Oil prices reverse early gains amid renewed optimism for a ceasefire in Gaza. Brent crude futures near $83 per barrel, close to lowest level since mid-June.

Contrarian Trading the Softs & Grains: Common Sense and the COT

Excerpts from a recent WeatherWealth newsletter published on July 18, 2024. The most oversold markets: Grains. Soft commodities have been over-bought with coffee having the largest net long position. Soybeans and corn futures have the biggest net short speculative position since 2019. Weather Wealth newsletter Weekend Advisory Report - July 19-21, 2024 contains excerpts from our recent newsletter.

Commodity Roundup: Copper faces big weekly drop as China's third plenum underwhelms

What a Trump presidency could mean for commodities? JPM says gold stands out as winner

Commodity Roundup: Gold extends record run on Fed rate cut bets, oil dips

As Scorching Temperatures Break Records Across The US, Fight For Worker Protections In Extreme Heat Hinges On 2024 Election Outcome

An upcoming heat wave in the U.S. Is expected to break records in many cities. At least 28 people have died this summer due to extreme heat in the country. No federal heat protection law is in place for workers exposed to high temperatures. The Obama administration proposed a new rule to add protections for workers in extreme heat conditions.

Commodity Roundup: Gold near fresh record high, China demand concerns weigh on oil

Commodities Energy Commodity Roundup: Gold near fresh record high, China demand concerns weigh on oil. Gold prices extended their rally to Tuesday, trading close to an -all-time high. Spot gold rose 0.60% to $2,437.16 an ounce. Oil prices were pressured by Chinese oil demand concerns.

Wheat futures decline on worries over Trump trade policies

Wheat futures decline on worries over Trump trade policies. Speculators last week established record net short positions in corn and soybean futures and options on the Chicago Board of Trade. Fears of reduced U.S. Export sales due to a Donald Trump victory in the presidential election.

Weekly Report: what happened at DBA last week (0708-0712)?

Send in the La Niña & Hot-Dry Corn Belt Clowns

Jim Roemer says he is disappointed there has been no bull market in grains this summer. He says all models are wrong about La Niña and a hot-dry summer for corn and soybeans in the Midwest. He believes the weather will remain bearish for farmers. Roemer: The good news for farmers is a bull market could ensue later this year.

Commodity Roundup: Gold set for third weekly gain, Brent tops $86/bbl; WASDE in focus

Commodities On the Move: Gold set for third weekly gain, Brent tops $86/bbl; WASDE in focus. Investors will closely watch the World Agricultural Supply and Demand Estimates report on Friday. Gold prices are set for a third week of gains as easing inflation boosted optimism over a rate cut by the Fed. Brent Crude prices rose above $86 a barrel, even though it was set for weekly drop.

Commodity Roundup: ANZ sees lithium at 16k–18k/t by 2025; gold gains for third day

Commodities Energy Commodity Roundup: ANZ sees lithium at 16k–18k/t by 2025; gold gains for third day. Spot gold price rises above the $2,380 level on Thursday. Albemarle was the biggest loser on the S&P 500 on Tuesday. ANZ Research expects lithium to stabilize in the near term and lift to $16k  by 2025.

Health Officials Keep Close Eye On Bird Flu As It Infects Cows For The First Time

Bird flu has infected cows in 12 states in the U.S. So far this year. The virus is the same H5N1 strain that has infected wild birds and commercial poultry. The first known cases of the virus in cows were in Texas in March. The World Health Organization says the risk to humans is low.