Climate Analysis: Droughts in Brazil
Australia, renowned for its vast agricultural prowess, is facing a formidable foe – a relentless drought that is wreaking havoc on its wheat and cotton sectors. The country’s October rainfall was a mere 65% of the 1961–1990 average, marking the driest October since 2002.
2023: A Year of Turmoil in the Commodities Market
The commodities market experienced a turbulent year in 2023, marked by unprecedented supply disruptions, escalating geopolitical tensions, and a looming global economic slowdown. As a result, commodity prices exhibited extreme volatility, swinging from record highs to multi-year lows.
Australian Agriculture Under Siege: Drought Hammers Wheat and Cotton Production
Australia, renowned for its vast agricultural prowess, is facing a formidable foe – a relentless drought that is wreaking havoc on its wheat and cotton sectors. The country’s October rainfall was a mere 65% of the 1961–1990 average, marking the driest October since 2002.
Silver – Forgotten
Silver belongs to the Platinum Group Metals or PGMs for short and includes brethren like gold, platinum and palladium. Mined as early as 5th century BC, the shiny, white-looking metal has both consumer and industrial uses given its heat and electrical conductivity. We’ve seen it in jewelry, energy, automobiles and explosives, but most commonly in the coins in our pockets.
The Final Battle: ESG vs Commodities
Commodities and the Sustainability Transition Commodities are a vital part of our daily lives, providing the raw materials and resources that fuel our economies and support our standard of living.…
Stormy Seas for Commodities – Cross Currents Ahead
Navigating 2023 with cross currents starting way back in 2020 is going to be challenging for commodities. While the Fed looks to tame inflation, commodities are well off the highs, but with inventory levels at all time lows, the road ahead looks tricky.