Agricultural commodity prices may still rally on crop failures, but there are plenty of other fundamentals providing a bearish outlook (see table below). With commodity prices softening and yet volume deemed growing, some commodity trading houses reportedly are buying physical assets.This could have several impacts on policy issues being debated in 2013 including:
The role of the speculator may be less important even as the House Agriculture Committee announces it will hold oversight hearings on the continuing battle on position limits and speculation in energy futures markets. The food versus fuel fight will be tempered while debating the Renewable Fuel Standard (RFS). Reauthorizing the farm bill will take on more importance, to bo...
As predicted, the Federal Reserve held rates steady at the last meeting before the midterm elections, likely in part because of the election (see WPI 19 October and 22 September). The decision comes at the tail end of a midterm election cycle that has been marked by the two parties campaigning...
Key Takeaways: Dry bulk markets are mixed with Capesize rates seeing solid gains while Panamax values slipped on a growing tonnage list. Supramax and Handysize vessels were stronger, though all sectors remain vulnerable to the seasonal dip in rates through Q4 and into Q1. Falling water l...
