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Lean Hogs Continue Losing Ground on Record Production

CME lean hog futures experienced another day of losses with the October contract falling 0.350 cent (0.57%) to settle at 60.800 cents per pound. …

Gold Prices Stay Flat Ahead of Fed Summer Retreat

Traders are perhaps taking a wait-and-see approach to gold. Later this week, officials from the Federal Reserve will gather in Wyoming for the US …

Sugar Prices Spike with Higher Demand Expectations

Sugar prices went higher on Monday as investors think there is a rising demand for the commodity. This is a …

Cocoa Sinks After Touching One Month High

December New York cocoa futures on the ICE continue to fall after reaching a one month high on Friday at $3,120 per ton. The contract reached …

Comments from Fed Officials Affect Commodity Markets Adversely

Gold and other metals (both precious and industrial) have started week poorly, falling due to prospects for monetary tightening from the Federal Reserve. …

Inverted Head and Shoulders Pattern on Weekly Chart of WTI Oil

An inverted head and shoulders pattern has formed on a weekly chart of WTI crude oil. Such pattern forms when prices test a level of support, bounce, …

Gold Prices Consolidate, Forming Symmetrical Triangle

Prices for gold were moving sideways for some time now, having troubles continuing their previous rally. Moreover, volatility was leaving the gold market, …

Oil Logs Weekly Gains, Analysts Unimpressed by Rally

Prices for West Texas Intermediate crude oil rallied today while the Brent grade of crude was down a little but remained above the $50 level. …

Gold, Silver Prices Take a Deep Dive to End the Week

Gold and silver have been trading very well over the past couple of trading sessions. That ended on Friday as …

Steel Rallies, Iron Ore Defies Analysts’ Expectations

Chinese steel futures rallied earlier this week on supply concerns with the October SHFE contract touching 2,687 yuan per ton on Tuesday, and the heavily …

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