Commodities

Wheat prices sharply declined in recent weeks being impacted by ongoing news and overall market’s volatile macro environment due to the Fed actions, but not fundamentals, which remain highly supportive for future massive recovery.

August 2, 2022

1651

Gold futures reversed from earlier losses to finish Thursday at their highest price in more than a week, after the European Central Bank raised interest rates by more than expected, which capped gains in the U.S. dollar.

July 22, 2022

1448

The U.S. Government is pushing Congress to support a US$4.3 billion plan to reduce the nation’s reliance on enriched uranium imports by promoting direct purchases from domestic producers.

July 6, 2022

1751

Food prices have been on the rise in the past few months, and export bans have followed.

June 15, 2022

1504

Chicago lumber futures (LB1:COM) fell as low as $568.40 per thousand cardboard feet to the lowest level since September, as higher interest rates and soaring home prices begin to take a toll on home sales.

June 9, 2022

1114

European wheat prices have jumped 74% since January, and there is no end of this story in sight.

June 2, 2022

1474

Lumber prices fell as much as 6% on Monday, May 9th, to drop to its lowest level so far this year, falling below $800 and even plunging to a low of $780 per thousand board feet during the session.

May 10, 2022

1203

Chicago wheat climbed on Tuesday as worse-than-expected U.S. crop conditions added to global supply concerns already culminating in conjunction with the Russia-Ukraine conflict.

April 6, 2022

1384

Oil prices tumbled on Thursday on the news that the Biden Administration is considering releasing up to 180 million barrels from its petroleum reserve (SPR), close to a one-time maximum in nearly 50 years of SPR history in response to the oil and gas supply crisis caused by the geopolitical events in the Eastern Europe.

April 1, 2022

1716