Copper Price Forecast Mixed Amid Deep Contango
Copper prices entered 2024 with a slight increase, though the deep cantango continues to affect ongoing copper price forecasts.
Source: agmetalminer.com
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Copper Supply Disruptions Fuel Market Uncertainty
The copper market is experiencing its deepest contango in decades, with prices moving sideways due to oversupply, robust LME inventories, and uncertainty over Federal Reserve rate decisions.
Source: oilprice.com
Wheat Futures Climb on Additional Black Sea Reports -- Daily Grain Highlights
By Kirk Maltais -- Wheat for March delivery rose 1.5% to $6.32 1/2 a bushel on the Chicago Board of Trade on Thursday in response to news of new attacks in the Russia-Ukraine conflict. --...
Source: marketscreener.com
Wheat Leads Grain Futures Decline -- Daily Grain Highlights
By Paulo Trevisani -- Wheat for March delivery fell 2% to $6.10 a bushel on the Chicago Board of Trade on Wednesday amid reports of warm weather supporting winter crops in Russia. -- Corn...
Source: marketscreener.com
Wheat Futures Rise After Higher Export Sales -- Daily Grain Highlights
By Patrick Sullivan -- Wheat for March delivery rose 1.9% to $6.16 1/2 a bushel on the Chicago Board of Trade, leading the grain complex higher following a rise in U.S. export sales. --...
Source: marketscreener.com