Wheat Prices Rally to 9-Month Highs, Adding to Inflation Woes
Suboptimal growing conditions have pushed down forecasts for the 2024-2025 wheat harvest, which has in turn pushed up prices
Suboptimal growing conditions have pushed down forecasts for the 2024-2025 wheat harvest, which has in turn pushed up prices
On the campaign trail, Trump says he plans to raise import duties on many of the country’s trading partners if he’s re-elected to the White House. That could be disruptive to the U.S. economy.
Natural gas prices have corrected more than 70% since August 2022, making this commodity more attractive as a potential long investment
The prices of many agricultural-focused commodities have dropped sharply in recent months, offering new opportunities to invest/trade the agribusiness niche of the financial markets
The Ukraine war
sent ag prices soaring, but supply caught up
Putin is holding down the price of exports
Sales of unmanned aerial vehicles (UAVs) have spiked in recent years due to the increased utilization of drones in the Russo-Ukrainian war
Weakness in the Russian economy has spilled over into the ruble, and helped push the ruble to fresh 16-month lows against the dollar.
The U.S. dollar has dominated as the world’s number one reserve currency since the end of WWII, but the proposed BRICS currency could mount a legitimate challenge to dollar hegemony.
Human civilization set a new record for military and defense spending in 2022 at roughly $2.2 trillion, which has in turn boosted the revenues and share prices of companies operating in this sector.