The US economy is the world’s largest. The US dollar has been the world’s most stable currency, and it is universally accepted as the reserve currency around the globe. The dollar is the benchmark… more
Andy Hecht
The 2012 drought sent grain prices to dizzying heights. Soybeans reached almost $18 while corn traded to highs of almost $8.50 and wheat moved above $9.45 per bushel. Since then, grain prices… more
First quarter of 2016 is now in the books. It was a quarter of fear, of uncertainty, of losses, and redemption. Overall, a composite of the twenty-nine major commodities traded on futures markets… more
As it is now the beginning of March, the spring season is fast approaching. Across the fertile farmlands of the United States, farmers are preparing to seed their acreage for the 2016 crop year.… more
There is a big difference between price and value. Price is a transparent number where buyers and sellers meet to transact. Value is a concept that often goes much deeper. We can all watch asset… more
The final quarter of 2015 is now in the books and for the most part, it was more of the same for commodity prices. Overall, a composite of over thirty commodities moved lower once again in a… more
It has been a rough ride for crude oil since June of 2014 when the price of active month NYMEX crude was trading above $107 per barrel. Since then, the price has been making lower highs and lower… more
The price of active month NYMEX natural gas futures closed on September 30, 2015 at $2.524 per mmBtu. The fourth and first quarters are generally a positive seasonal period for the energy… more
The Inverse Relationship Could Mean the Next Leg Down
The US dollar is the reserve currency of the world. As such, it is the pricing mechanism for most important raw material markets.… more
Third quarter of 2015 is now in the books, and the results were not pretty for commodity bulls. Overall, a composite of over thirty futures-market-traded commodities moved lower, making the last… more