The raw material markets asset class moved higher in the second quarter of 2021 after posting gains in Q1. The commodity asset class consisting of 29 of the primary commodities that trade on US… more
Andy Hecht
On April 20, 2020, nearby NYMEX futures did what few market participants believed possible. Not only did the price of a barrel of West Texas Intermediate drop below zero during the delivery period… more
We are now in the heart of the planting season for the 2021 crop year. Last April, prices were languishing at lows. Nearby CBOT corn futures traded to a low of $3.0025 per bushel. Soybean futures… more
The raw material markets asset class moved higher in the first quarter of 2021 after a volatile 2020 when the pandemic caused a massive selloff early and a huge turnaround that pushed some prices… more
In August 2020, the US Federal Reserve made a not-so-subtle change to its inflation policy. The world’s leading central bank shifted from a 2% target to an average of a 2% target for the economic… more
The first month of 2021 was eventful. Bitcoin rose to a new all-time high. Digital currency is a rejection of government control of the money supply. The US swore in a new President. Many policies… more
The raw material markets continued to make a comeback in the final quarter of 2020 after the global pandemic caused a deflationary spiral taking the prices of most assets to lows in March and… more
In late June 2020, the nearby natural gas futures price fell to its lowest level in twenty-five years when it reached $1.432 per MMBtu. Days after the low, Warren Buffett announced that Berkshire… more
Supply and demand fundamentals support the grain markets. According to the US Census Bureau, the global population grows by approximately twenty million each quarter. At the turn of this century,… more
The raw material markets continued to make a comeback in the third quarter of 2020 after the global pandemic caused a deflationary spiral taking the prices of most assets lower in Q1. The… more