by Brian Schad | Aug 30, 2016 | Copper Futures, Industrial Metals
Copper futures are once again lower and have erased all its gains for the year as Goldman Sachs is predicting a “supply storm” to hit the markets and erode copper prices even more. Copper futures are down another 15 points today ending the day trading at $2.0775 per...
by Brian Schad | Aug 26, 2016 | Agricultural Commodity Futures, Alternative Investment, Commodity Futures Trading, Global Markets, Hard-Asset Investments
Once each week, usually on Friday evenings, we update our personal weekly commodity trading charts and review them for changes in “net long” or, “net short” holdings between the big commercial commodity traders, large speculators, and the usually uninformed public....
by Brian Schad | Aug 25, 2016 | Chicken Market, Poultry Market
Broiler meat production is set to reach an all-time high next year in Brazil with export demand increasing. Cash broiler chicken is $20 from their 52-week high in June, and only $6 from its low last November. The USDA’s Brasilia-bureau made this forecast of record...
by Brian Schad | Aug 24, 2016 | Agricultural Futures, Agricultural Markets, Cotton Futures
Cotton futures continue to tank from their earlier August high above .78c now that the news is out about West African cotton production to surge. Cotton futures are down .43 cents today currently trading at $0.6801 per pound for December delivery at New York’s...
by Brian Schad | Aug 23, 2016 | Energy Futures, Natural Gas Futures
Natural gas futures have reached a two week high today as the outlook for the preferred air-conditioning fuel was seen bullish with “warmer than normal” forecasts across most of the country. Natural gas futures are up just over .04 cents today currently trading above...
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