Energy A stronger USD weighed on the commodities complex yesterday and oil was unable to escape this pressure. However, the 100-day moving average appears to be offering some...
Grains ships and vessels transporting other products on the Paraguay River are loading at around half capacity due to a historic drought that has hit river levels in the South...
Wheat was mixed, with HRW a little higher and SRW a little lower. Minneapolis was lower but rallied off the lows to close near the bottom of a recent trading range.
This month’s USDA crop reports revealed slightly higher US corn and soybean yields, crop sizes and new-crop endings stocks as the trade was expecting. The exception was this...
China has proven it can have its cake—and eat it too. As the largest commodities importer, Beijing often buys raw materials above and ahead of its needs, saving a meaningful...
Type | 5 Min | 15 Min | Hourly | Daily | Monthly |
|---|---|---|---|---|---|
| Moving Averages | Strong Buy | Strong Buy | |||
| Technical Indicators | Strong Buy | Strong Buy | |||
| Summary | Strong Buy | Strong Buy |