Commodities

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

June 2, 2022

1345

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

1074

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

1251

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

1587

The London Metal Exchange’s, LME, front month nickel contract surged 15% on Wednesday to hit its upper trading limit, reversing direction and climbing for the first time since trading resumed last week.

March 25, 2022

1288

Last week, in its March Wheat Outlook report, the USDA’s Economic Research Service (ERS) stated that, “Wheat prices are surging globally in the wake of the conflict between Russia and Ukraine.

March 15, 2022

1636

CME wheat futures instantaneously jumped up about 8% as of the latest reading, reaching prices not seen since 2008.

March 2, 2022

1061

Gold futures are on their way to return to historic highs since early 2021 and posted their biggest daily rally in about two years, as Russia-Ukraine conflict spurred demand for rock-solid safe havens.

February 25, 2022

1310

Over the last month, lumber prices across the U.S. have soared once again.

February 22, 2022

983