Key Day For Crude Oil Futures
Wednesday April 30, 2008
Crude oil will get an influx of data today that could set its course of direction. The EIA weekly petroleum inventories will be released this morning. Analysts are ... Read More
Wet Weather Delays Corn Plantings
Monday April 28, 2008
Corn futures shot 22.75 cents higher on Monday. Wet and cold weather across the Midwest has delayed planting of the corn crops and yields could drop substantially this season. ... Read More
Commodities Weekly Analysis
Sunday April 27, 2008
Commodities have shown some weakness in the last week or two. There are a few reasons you can attach to the lackluster trade, but it is still a tough ... Read More
Record Prices in Rice Futures Sets Off Chain Reaction
Thursday April 24, 2008
As rice futures surpass $25 in overnight trade, a chain of events has been unfolding around the world that that paints an ominous picture for consumers and huge opportunities for ... Read More
Crude Oil Keeps on Truckin
Tuesday April 22, 2008
To the dismay of drivers around the country, energy prices are still hitting record highs. The May crude oil futures contract hit just shy of $120 a barrel on ... Read More
Commodities Weekly Review and Analysis
Friday April 18, 2008
The trading week for commodities was dominated by crude oil and RBOB unleaded gasoline. Supplies of gasoline have dropped for five consecutive weeks and we haven’t even hit the peak ... Read More
Gasoline Futures Have No Mercy on Drivers
Wednesday April 16, 2008
Gasoilne futures set another record high on Wednesday, closing just above $2.93 a gallon. Crude oil also closed at a record high at $115 per barrel. If gasoline ... Read More
G-7 Meeting Disappointing for the Dollar
Monday April 14, 2008
The G-7 met this past weekend with a specific agenda to discuss the US Dollar. Some hopeful traders expected the seven most powerful industrial countries to intervene and push ... Read More
Commodities Weekly Analysis and Outlook
Sunday April 13, 2008
The financial markets are reverting back to action from earlier this year. Commodities are getting substantial inflows once again from hedge funds and the stock market may be rolling ... Read More
Commodities Setting More Record Highs
Wednesday April 9, 2008
Commodities are resuming their uptrend with several commodities hitting record highs. Crude oil broke out to the upside this week and closed $2.06 higher at $110.58. Many traders ... Read More
Does the Economy Matter?
Monday April 7, 2008
If you follow the markets regularly, you have likely heard something along these lines lately: The economy is going into a recession and that will cause commodities prices to move ... Read More
Commodities Weekly Analysis
Friday April 4, 2008
It looks like most of the fluff has been washed out of the commodities markets. The speculative premiums from the hedge funds are mostly gone. Many commodities have approached good ... Read More
Corn Futures Getting Fuel From Rain
Wednesday April 2, 2008
As many commodities are in the middle of a correction, corn futures continue to set record high prices. The news keeps getting more positive for corn as heavy rains ... Read More