Lean Hogs Technical Update
The Role of The US Dollar Index on the Grain Complex
As commodity buyers, it is important to keep an eye on the price of the U.S. Dollar. This is because “usually” there is a strong inverse correlation between the U.S. dollar and the price of commodities. Logically, if the U.S. dollar is strong, it makes commodities priced in U.S. dollars more expensive relative to competing products worldwide. Conversely, a weak dollar makes U.S. commodities more attractive and in demand.
Crude Oil – Technical Analysis Tuesdays
After making a low near $44 in October, Crude Oil has experienced a significant rally. Aided by supply shocks playing out in the oil-rich Venezuela plummeting their production, Iranian sanctions, and OPEC+ trimming production, the market has retraced more than 62% of the 3-month decline that began in October 2018. These stories and many other moving parts will determine the price in the future. However, as many experienced and intelligent buyers know, these driving forces will only be known to the public after they have been priced in the market—too late for a buyer to effectively manage risk.
Lean Hogs Technical Analysis Update – Tuesday Technicals
This week’s Technical Update is a continuation from last week’s…
Lean Hog Futures – Tuesday Technicals
Living High (and long) On The Hog Despite the 25%…
Rough Rice Technical Analysis – Tuesday Technicals
Rice Ready To Run? Here is our current wave count…
Coffee Futures – Tuesday Technicals
Coffee Market Ready For A Jolt There a couple of…
Tuesday Technicals – Juicy Opportunity in OJ Futures
Looking at the range of prices in recent years, the…
Fundamental Bakery Update 01-
Click on the link below to view the PDF. Bakery…