Was it just a one-off event? An anomaly in an otherwise psychologically battered risk-off atmosphere that clouds the commodity trade right now. Or was it a taste of what is yet to come? Another subtle hint that commodity prices remain at levels of value and to try and press them…
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As expected, the February production and supply/demand released by the USDA was largely a non-event, but there were a few changes worth noting. Uncle Sam did boost U.S. bean exports 50 million bushels, dropping ending stocks to 425 million, which is now a 53% reduction from 2018/19. While one might…
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As expected, the February production and supply/demand released by the USDA was largely a non-event, but there were a few changes worth noting. Uncle Sam did boost U.S. bean exports 50 million bushels, dropping ending stocks to 425 million, which is now a 53% reduction from 2018/19. While one might…