Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Tuesday, July 1
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Invest Insider News
    • Home
    • Bitcoin
    • Commodities
    • Finance
    • Investing
    • Property
    • Stock Market
    • Utilities
    Invest Insider News
    Home»Commodities»Bloomberg Commodity Index looks soft
    Commodities

    Bloomberg Commodity Index looks soft

    July 26, 20241 Min Read


    This, however, encouraged cereal farmers to expand their area under cultivation and this and favorable weather means the market is now flooded. Brazil, for example, had a bountiful harvest of corn and soybeans last year, and Russia exported a record amount of wheat in 2023. Ukraine, meanwhile, managed to ship most of its own harvest despite Russia’s blockade of its Black Sea ports.[3]

    According to Bloomberg’s calculations, grains are more volatile than other commodities. It is the most price elastic sector, and currently the price decline appears to be accelerating.

    Our Chart of the Week shows the trend for the Bloomberg Grains Subindex, which often leads the BCOM commodity index. If this relationship continues to hold, it suggests there may be further downside potential for the broad commodity index. And speculative positioning, as reported weekly by the U.S. Commodity Futures Trading Commission, suggests that market participants foresee continued price declines for wheat.[4]



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleAsian stocks remain on back foot as wild week winds down, Yen steady | Stock Market Today
    Next Article Chinese stock selection and India underweight weigh on Invesco Asia

    Related Posts

    Commodities

    Google Signs Deal to Buy Fusion Energy From Bill Gates-Backed Nuclear Startup — Commodities Roundup

    July 1, 2025
    Commodities

    Singapore: where trade meets innovation and digitalisation – Financial Times

    July 1, 2025
    Commodities

    Apolonia Capital Secures Full Regulatory License from UAE Securities and Commodities Authority (SCA)

    June 30, 2025
    Leave A Reply Cancel Reply

    Top Posts

    Action Ganglong China Property Group Limited | Cours 6968 Bourse Hong Kong S.E.

    July 31, 2007

    les fondamentaux de l’or restent bons

    September 4, 2007

    les fondamentaux de l’or restent bons

    September 4, 2007
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Investing

    Bitcoin sur un nouveau record historique : Ces actions pourraient en profiter

    May 22, 2025
    Bitcoin

    Quand Donald Trump cherche 2,5 milliards de dollars pour s’acheter du Bitcoin

    May 27, 2025
    Utilities

    Bourse de Milan : légère hausse, les utilities en forme, Fincantieri s’envole

    May 20, 2025
    What's Hot

    Bitcoin’s 1.9M move: Why BTC is the ‘hot pick’ for whales right now!

    August 11, 2024

    Le prix Bitcoin forme la tête et les épaules en décolleté, ATH cette semaine?

    June 10, 2025

    How Bitcoin trades like a stock now.

    August 5, 2024
    Most Popular

    UK house prices ‘to rise through rest of year’ after jump in July | Housing market

    August 7, 2024

    Shenzhen’s Real Estate Policy Ignites Rally

    August 8, 2024

    Sókn Engineering Is Driving Commodity Returns with Quantum Quantitative Models

    July 30, 2024
    Editor's Picks

    Sensex Today | Stock Market LIVE Updates: Nifty dips again, falls below 25,000; Bharti Hexacom up 3%

    May 26, 2025

    The occurrence and human health risk assessment of total and aflatoxin B1 in selected food commodities in Bhutan

    July 15, 2024

    El Salvador a-t-il interrompu les achats quotidiens du bitcoin au milieu de l’accord de prêt du FMI?

    February 25, 2025
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2025 Invest Insider News

    Type above and press Enter to search. Press Esc to cancel.