Commodity Prices Reach Rally Inflection Point!
Commodities have been the talk of the town over the past several months, with grains, energy, and metals reaching new multi-month highs over the...
Agriculture ETF (DBA) Pulling Back, But Broader Change of Trend Important
In the past several weeks, investors and consumers have weighed in on the prospects of inflation.
Today we'll do the same, but focus on commodities....
Euro Currency Break-Down? Commodity Bulls Hope Not!
The recent rally in the Euro currency (EURUSD) has drawn the attention of forex traders, macro investors, and the commodities market. The latter has...
Crude Oil Rally Testing BIG Breakout Level!
Commodities prices have rallied sharply higher into 2021, lead recently by energy and grains.
Today, we focus in on one universally important commodity: Crude Oil.
As...
Stock Market Reversal Give Bulls Renewed Energy
The major stock market indices held key price support levels late last week leading to a reversal higher into week's end. Stock market bulls...
CRB Commodities Index Testing Important Trend Line Resistance
The broad rally in commodities prices has been very strong, taking turns heating up various commodities along the way.
That said, the broad commodities Index,...
Corn Futures Up-Trend Is Your Friend Until…?
New-crop December Corn futures (CZ21) have been on a historic run early in the 2021 calendar year.
CZ21 traded up to a day high of...
Soft Commodities Are Making A Big Move
The pandemic has brought a multitude of supply chain disruptions reaching not only into the tech space, but also into the agricultural space.
Invesco agricultural...
Corn Futures Reverse Lower On February WASDE Report
CORN WASDE REPORT HIGHLIGHTS:Â Â
The USDA lowered 2020/21 U.S. corn ending stocks to 1.502 billion bushels, down just 50 million bushels versus January. This compares...
Is $6.00 March Corn Futures a Foregone Conclusion?
Last week’s massive U.S. corn sales to China underscored by Friday’s (1/29) sale of 2.108 MMT, which was the second largest daily sale on record,...