CRB Index The CBR/CCI index edged lower on the week with losses in the metals and energy futures. The ag markets closed mixed with rallies in CBOT grains while soy futures closed slightly lower. The volume of trade was restricted by the Monday Easter Holiday in Europe and China’s Spring Festival Holiday. The US dollar…
CRB Index The CBR/CCI index edged lower on the week with losses in metals and energy futures. The ag markets closed mixed with rallies in CBOT summer row crops while the wheat market declined. Cattle closed lower while CME pork futures rallied to new contract highs. End of the quarter/month liquidation along with a rising…
CRB The CBR/CCI index edged lower on the week with losses in energy and CBOT grain futures. End of the quarter/month liquidation along with a rising US dollar via the fast vaccination rates pressured broad commodity valuations. The European and Brazilian economic outlooks are challenged by an erratic vaccination programs and the ongoing economic losses…
CRB Index The CBR/CCI index posted its largest loss since September based on a sharp fall in energy futures. The US Central Bank reiterated a theme of low interest rates into 2023 for the US economy to accelerate its economic activity. Yet it appears that the US GDP rate will recover fully to pre pandemic…
CRB Index The CBR/CCI index closed higher as spot WTI crude surged above $65 resistance. Losses in the grain markets and a decline in gold limited the CRB advance. The reflation trade is on as the Biden Administration signed their $1.9 Trillion Covid Aid Package to accelerate US economic activity. The US dollar rallied and…
