Living in Miami it?s sometimes hard to avoid the sweet smell of roasted corn. We have the Latin American community to thank for Arepas ? a delicious snack made of melted cheese sandwiched between two corn patties, all sizzled to perfection on a street-side griddle.
Are oat futures foretelling a move up in corn and wheat prices? I think so, here?s why?
Chocolate lovers have an eye on cocoa prices. The debate rages on? will Baby Ruth bars get offered up at a discount? Or will M&Ms soon be considered a luxury item?
CBOT wheat prices peaked in early November of last year. Since then prices have lost over $2 a bushel. ?Meh ? what?s $2 a bushel,? you ask!? How about $10,000 per futures contract!
Crude oil has gained $8/barrel in the last month, putting it just a few dollars shy of $100. My stance: the easy money has already been made in bullish trade.
Today I see a spread trade setting up. Vegetarians need not apply. For meat eaters chomping at the bit, I?m looking to go long live cattle; short lean hogs.
After starting 2013 with a 5% slide the Canadian dollar has found its footing.
Coffee has been one of the worst performing commodities YTD ? good news for bears, bad for bulls!
The US dollar has benefitted from being the best house in a bad neighborhood in recent months.
Just as unpleasant as unwanted gas can be?I?ve been equally uneasy about having clients in bearish natural gas trades in recent weeks.
The Cyprus buzz chopped a full 2% off the S&P 500 (from Friday?s highs to overnight lows). Equity bulls fought hard to grab control of the wheel once the regular session opened this morning, paring the loss to just 0.45%.
It seems wheat futures put in an interim bottom last week, as the May contract busted through overhead resistance (20-day MA, light blue line) in intraday trading.