Dr. Ken Rietz August 17, 2023 Weather affects harvest yields, which in turn affects food prices. The weather has been unusual lately, but not uniformly, even though the majority of news has focused, understandably, on the heat. This odd distribution of temperatures has had some effect on crops and therefore food prices, but not in …
August 15, 2023 Commercial traders have altered their preferences, expecting higher prices for corn and soybeans, while wheat continues at a decreasing trend from late July. Wheat Net Commercial Funds Lowered from Mid-June, Restraining Wheat Prices The net commercial position has decreased from a 4-year high (101,024 net long position) below 40k from late May, …
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August 9, 2023 Below are key insights about how supply-side dynamics for global oil and natural gas markets are affecting the prices of the main energy commodities. Crude Oil U.S Crude oil production in decreasing trend – WTI trades on 3-month level U.S. crude oil production reported lower in four consecutive weeks, throughout July, sending …
Dr. Ken Rietz August 8, 2023 One of the recurring themes in the financial world currently is the possibility of a “soft landing” soon for the US economy: the hope that the forces that drive the economy will settle back into a more normal operation without any significant disruption. The stock market continues to go …
Dr. Ken Rietz August 2, 2023 The chart of natural gas futures is extremely important for a few people, such as those who deal with buying and selling natural gas. The chart will tell them when to top off their storage, for example. But there is more here than meets the eye. The people who …
August 1, 2023 Decreasing agriculture exports has led to increasingly volatile wheat, corn and soybean futures prices. Wheat Weekly Wheat Exports Hit 4-month High – Wheat Futures Retreated from Latest Bullish Sessions Weekly wheat exports reported a 4-month peak, standing at 395,132 MT and pushing wheat futures upwards for the week of July 20th. Despite …
Dr. Ken Rietz July 26, 2023 The news this past week has been, and continues to be, about wheat. We only have room to consider some of what has happened. Two factors predominate: geopolitics and weather. We consider each in turn. First, though, here is the graph of the price in USD of the front …
July 25, 2023 Key insights about how lower global oil and natural gas demand affected the prices of the main energy commodities. Crude Oil Rig Counts Decreasing – WTI Showed Strong Short Term Returns From the start of May 2023, the rotary rig count has significantly dropped and reached its lowest level in a year, …
Dr. Kenneth Rietz July 19, 2023 Since mid-November 2022, the price of crude oil has consolidated in the range of $65 to $85 per barrel. This is rather remarkable, since there have been numerous significant events in that interval which would normally send those prices significantly higher or lower, depending. These events range from OPEC+ reducing oil …
Energy and Grain Prices Spiking Amid War in Ukraine March 4, 2022 There is little doubt that the unfolding geopolitical crisis in Ukraine is contributing to a dramatic increase in energy and agriculture prices (see charts below). The conflict also serves as a multiplying factor for several sector-specific developments in these markets from both the …
Energy and Grain Prices Spiking Amid War in Ukraine Leia mais »