Crude oil futures have been under pressure in recent weeks,
as the news and fundamental picture is growing more bearish. The trade war with
China has pressured the market along with a rising dollar and weaker outlook
for demand worldwide. The biggest issue might be the prospects for the “oil
glut” to continue to grow, as the US continues to pump...
Traders in the lean hog markets have waged a battle whether
China will begin importing massive amounts of pork in the near future or not.
China is in great need of replacement pork as much of their herd was wiped out
this year due to the swine flu. China has a healthy appetite for pork and it
seems like it is...
Commodity Trading Advisors (CTAs) have been performing
fairly well as a whole thus far in 2019 with Autumn Gold CTA
index (non-investable) reporting 5.79% YTD. The Barclay
CTA Index is up about 7.61 percent as of August. Both indices are comprised
of about 400 - 500 CTAs of various strategies and markets traded. This is
slightly better than their Hedge
Fund Index of...
All eyes are on the August 12th USDA crop report
for corn futures. The question is how much the USDA will cut the estimated
production for the 2019-2020 crop year. Analyst estimates are averaging about
13.19 billion bushels. Where the number comes in will likely determine the
direction of the market for the near future, which is no surprise to traders....
Live cattle futures have recovered all the losses from the Tyson
plant fire in August. The market now stands at solid resistance from a prior
chart consolidation and a 62 percent retracement from highs back in April.
I still see the market as being bullish. The fundamental side looks good as packers still have solid...
