Tag: Grains investing
Commodity Performance: This Isn’t Pretty…
The third quarter is drawing to a close, which makes it the perfect time to recap commodity performance over the past three months. But first, let’s see how hard assets performed overall… As you can see, the Reuters/Jefferies CRB index (blue line) weakened substantially in the third quarter. The decline has the commodity-focused index sitting […]
Ag Update: Look Out Below?
Corn bears are roaring today… The essential food commodity is collapsing to multi-month lows near $4 a bushel. What’s more, the September contract is already dropping to multi-year lows at $3.97. The last time corn traded that low was the summer of 2010. And that’s not all. Wheat and soybeans are succumbing to extreme selling […]
Time For A Soybean Rally!
Grain traders are in a tizzy… Soybeans are surging $0.60 a bushel on weather related worries today. This is a hefty 4.5% move that brings the September contract to $14.25 in mid-day trading. What’s going on? A looming late summer heat wave has the potential to bake crops in many parts of the Midwestern US. […]
