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During wild price swings many recall, understand and fear inflation as an insidious threat to our buying power as the paper dollars in our wallets buy less and less as prices go up. But what happens if prices go down?
One of the longest winning streaks in U.S. equities may have come to an end this week or, at least, caused bullish investors to lose some sleep.
Corn prices dove to a five-year low this week, driven lower by heavy supplies of the grain. On Tuesday, the USDA released its quarterly grain stockpile report, showing a whopping 1.236 billion bushels of corn leftover from last year.
During this prolonged period of abundance of commodities, prices for grains, metals, crude oil, natural gas and cotton have pounded into the ground, cheapening costs for consumers, but leaving little or no profit potential for farmers and other producers. However, there remain pockets of bul…
Although most commodities markets fell this week, cocoa rallied sharply on fears that the Ebola epidemic could hamper production in West Africa.
The British currency, the pound sterling, has collapsed in recent weeks ahead of a vote that could separate Scotland from the rest of the United Kingdom. Scotland has been joined with England for more than 300 years, but recently there have been increasing calls for Scottish independence.
Corn, wheat and soybean prices all fell to the lowest level in years this week, driven by expectations for a bountiful global harvest.
This week, tensions between Russia and Ukraine escalated again, as Russian troops and tanks reportedly invaded Ukraine. While US military involvement still seems unlikely, analysts believe the situation is shifting toward a full-blown war, which could destabilize both nations and limit their…
A slew of shockingly good housing data shook U.S. markets this week, especially lumber. Reports showed that construction of new homes is rising from the post-recession doldrums and that sales of existing homes increased for the fourth straight month.
The cost of a balanced breakfast continues to get cheaper as orange juice prices plummet. U.S. demand for orange juice has fallen to the lowest level in more than a decade as consumers snub O.J. for other beverages, dropping prices near the lowest level for the year.
Cattle futures shot into all-time highs again this week, reaching $1.58 per pound Thursday. Prices continue to rise because of a shortage of animals stemming from the multiyear drought in the Great Plains that destroyed herds and their food sources.
Midday Thursday, a Malaysia Airlines flight crashed in Eastern Ukraine, killing all 298 people aboard. Initial fears that the plane had been shot down were supported by intelligence agencies, sparking concerns that the crash could signal a deepening of the conflict between Ukraine and pro-Ru…
After making an all-time high early Monday morning, cattle prices reversed sharply lower as cattlemen began bringing cattle to the market to capture record high prices.
Last Monday, the Department of Agriculture released its newest estimate for planted acreage and grain stockpiles, and both showed vastly more soybeans than had been anticipated.
News the Obama administration is paving the way for an increase in oil exports for the first time in nearly 40 years provides more evidence of high production and ample supplies in North America.
Gold charged to a two-month high this week, fueled by help from the Federal Reserve.
Crude oil prices exploded higher this week as the military conflict escalated in Iraq. Sunni militants have reportedly captured multiple major Iraqi cities and now threaten to take Baghdad, the capital.
Early Thursday morning, the European Central Bank announced it was making an unprecedented move: lowering interest rates below zero.
Corn and wheat prices have been plummeting recently, an unwelcome sign for Midwestern farmers who have been busy planting corn and are preparing to harvest their winter wheat.
Crude oil prices gained sharply this week, hitting a one-month high after U.S. Energy Information Administration statistics showed a quick drawdown in supplies.
Corn prices are plummeting as farmers across the Midwest race to plant this year’s crop. It is widely expected that 70 percent of the corn crop will be planted by this weekend, which helped to confirm the market’s expectations for another large harvest of the grain this fall. As a result, pr…
This winter, natural gas prices hit a five-year high at $6.49 per million British thermal units, charging higher due to extreme cold weather across much of the country.
U.S. crude oil supplies are continuing to swell, reaching nearly 400 million barrels last week, the highest level since 1931. Oil supplies are rising even as refineries are running near full-speed, pumping out large volumes of gasoline and diesel fuel.
Global farmers, fishermen, meteorologists and commodities traders are closely watching water temperatures in the South Pacific, waiting to see if the water will warm up this summer, a telltale sign of the El Niño phenomenon.
Gold prices plunged this week, falling more than $40 per ounce during the day Tuesday, the largest sell-off this year.
Winter’s grasp continues to linger across much of the Midwest, forcing some farmers to wait for a thaw. Before they can plant corn, soil temperatures need to rise toward 50 degrees, which could take a while given the fact that many fields in the Upper Midwest still have frost that extends a …
Gold, silver, and platinum rallied sharply all week, trading Friday at one-week highs.
Janet Yellen, in her first meeting as chairwoman of the Federal Reserve, last week indicated the Fed would continue to reduce stimulus and could be on track to start raising interest rates in the near future. In response, gold prices have collapsed, losing more than $100 per ounce.
Over the past few months, basic commodities that make up the bulk of Americans’ morning meal have risen sharply in price. Although the reasons for the price increases vary, most people will be likely to see higher food costs at the breakfast table in the coming months.
Milk futures are near an all-time high as California suffers through a severe drought that is threating dairy production.
After the rapid overthrow of Ukraine’s pro-Russian President Viktor Yanukovych last weekend, tensions have been rising as Ukraine struggles to carve out new political leadership.
As international athletes competed this week, China came out with a different sort of prize – the Asian nation was declared the world’s largest gold consumer by the World Gold Council.
As romantics shopped for sweets this week, they may have been surprised by high chocolate prices.
Oats prices exploded to an all-time high on Friday, driven by ongoing supply issues in Canada, the second-largest oats grower after Russia.
In the past two weeks, natural gas prices moved higher by nearly $1.30 per million British thermal units, the wildest move since 2009. The market rallied to a four-year high as blisteringly cold temperatures caused Americans to turn up the heat and use record volumes of the fuel over the pas…
South American farmers are preparing to harvest their soybean crop, a factor pulling prices around the world lower.
Cattle prices bolted to an all-time high again this week, driven by ongoing fears of a nationwide cattle shortage created by recent droughts that cut off the animals’ feed supplies.
Despite the blisteringly cold weather throughout much of the country, two of America’s favorite hot drinks aren’t seeing price increases. Cocoa and coffee prices both fell hard this week, primarily due to healthy harvests in tropical countries.
As we prepare to switch the calendar, many futures market participants are already looking ahead, trying to predict the values of commodities for the upcoming year.
Sugar prices declined on Wednesday to the lowest price since 2010 as traders nervously await record production in Brazil and Thailand; together, those two nations account for nearly 60 percent of global sugar exports.
As subzero temperatures spread across much of the United States this week, many people hunkered down, but commodities traders were very active. A wide variety of commodities are temperature sensitive, causing many market watchers to keep an eye on the mercury this weekend.
Wheat prices dropped to the lowest price in almost three months this week, grinding down on news that global wheat output may reach a record.
During the last five years, many commodities hit record high prices as there appeared to be a global shortage looming.
Americans have a lot to be thankful for, and this year’s bountiful fall harvest is among them.
Orange juice prices blasted upward in response to a recent USDA report predicted Florida’s orange crop this year would be the smallest since 1990. A combination of dry weather and a disease known as citrus greening are the primary causes for the sour production outlook.
An announcement this week from the Food and Drug Administration outlined a proposal to ban partially hydrogenated oils, citing health risks due to the presence of trans fats.
Halloween marks the highest level of candy consumption throughout the year in the United States, but that fact did not help the cocoa or sugar markets this week.
Pork market sizzles
Among U.S. farmers, corn is king – more acres of corn are planted each year than any other crop. Yet very little of that corn is sweet corn that ends up directly on your plate. Nearly half of all domestic corn use is devoted to creating ethanol, a gasoline additive that’s use is mandated by …
A USDA report released on Monday showed the U.S. stockpile of corn was higher than expected, causing a sharp selloff.
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