Grain markets were lower as the lack of new news has kept buyers at bay. Livestock markets came under pressure on the back of long liquidation from funds. In the outside markets, it was new all-time...
Open interest continues to be the most interesting aspect of this time frame due to a belief of significant commodity fund participation.
The dollar index (DXY00 ) Wednesday fell by -0.03%. The dollar Wednesday gave up an early advance and turned lower on weakness in US economic reports that showed the Nov ADP employment change rose less...
January WTI crude oil (CLF25 ) Wednesday closed down -1.40 (-2.00%), and January RBOB gasoline (RBF25 ) closed down -0.0233 (-1.19%). Crude oil and gasoline prices Wednesday gave up an early advance and...
January Nymex natural gas (NGF25 ) on Wednesday closed higher by +0.001 (+0.03%) Jan nat-gas prices on Wednesday recovered from a 2-1/2 week low and settled slightly higher. Short covering emerged in...
March NY world sugar #11 (SBH25 ) Wednesday closed down -0.11 (-0.51%), and March London ICE white sugar #5 (SWH25 ) closed down -2.80 (-0.51%). Sugar prices posted moderate losses on Wednesday but remained...
March ICE NY cocoa (CCH25 ) Wednesday closed up +363 (+4.02%), and March ICE London cocoa #7 (CAH25 ) closed up +198 (+2.68%). Cocoa prices Wednesday settled sharply higher and recovered most of Tuesday's...
March arabica coffee (KCH25 ) Wednesday closed up +8.20 (+2.77%), and January ICE robusta coffee (RMF25 ) closed up +144 (+3.11%). Coffee prices rose sharply Wednesday, recovering some of the significant...
The market action suggests that the corrective upswing is maturing and likely about to end. How can we tell? Silver.