Data-Driven Commodity Research, The Commodity Report

The Commodity Report

Data-Driven Commodity Research

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Gold is a chemical element with the symbol Au (from Latin: aurum) and the atomic number 79. In its purest form, it is a bright, slightly reddish yellow, dense, soft, malleable and ductile metal. Chemically, gold is a transition metal and a group 11 element. It is one of the least reactive chemical elements, and is solid under standard conditions. The metal therefore occurs often in free elemental (native) form, as nuggets or grains, in rocks, in veins and in alluvial deposits. It occurs in a solid solution series with the native element silver (as electrum) and also naturally alloyed with copper and palladium. Less commonly, it occurs in minerals as gold compounds, often with tellurium (gold tellurides).

<ul><li>President Trump triggered turmoil in the stock and bond markets, sent shockwaves through the global economy, and claimed the U.S. would eliminate the national debt using trillions supposedly generated from his tariffs.</li><li>Just earlier this week, he declared he wouldn’t make a zero-tariff deal with the EU — and now, without any real change in circumstances, he’s suddenly starting to back down.</li><li>Trump dropped his country-specific tariffs down to a universal 10% rate for all trade partners except China on Wednesday - for a limited time period of 90 days - presumably to have more time to make deals with each country.</li></ul>

President Trump triggered turmoil in the stock and bond markets, sent shockwaves through the global economy, and claimed the U.S. would eliminate the national debt using trillions supposedly generated from his tariffs.Just earlier this week, he declared he wouldn’t make a zero-tariff deal with the EU — and now, without any real change in circumstances, he’s suddenly starting to back down.Trump dropped his country-specific tariffs down to a universal 10% rate for all trade partners except China on Wednesday - for a limited time period of 90 days - presumably to have more time to make deals with each country.

How Commodities React To Trumps New Global Trade Plans

Crude oil is a naturally occurring, unrefined petroleum product composed of hydrocarbon deposits and other organic materials. Crude oil can be refined to produce usable products such as gasoline, diesel and various forms of petrochemicals. It is a nonrenewable resource, also known as a fossil fuel, which means that it can't be replaced naturally at the rate we consume it and is therefore a limited resource.

<ul><li>*YTD our absolute return strategy is up 7,5% Commodities Crash after Trump’s Tariff Nightmare In his mission to re-shore critical industries, raise revenue for the U.S. and narrow the deficit, Trump rolled out aggressive tariffs on virtually all countries (except Russia, Cuba and North Korea).</li><li>The new 10% tariff baseline is roughly triple the average US tariff rate before Trump reclaimed power in January and the calculation behind each tariff rates seems insane.</li><li>“We will charge them approximately half of what they are and have been charging us,” Trump said of the reciprocal tariffs.</li></ul>

*YTD our absolute return strategy is up 7,5% Commodities Crash after Trump’s Tariff Nightmare In his mission to re-shore critical industries, raise revenue for the U.S. and narrow the deficit, Trump rolled out aggressive tariffs on virtually all countries (except Russia, Cuba and North Korea).The new 10% tariff baseline is roughly triple the average US tariff rate before Trump reclaimed power in January and the calculation behind each tariff rates seems insane.“We will charge them approximately half of what they are and have been charging us,” Trump said of the reciprocal tariffs.

Commodities Crash after Trump’s Tariff Nightmare

<ul><li> -50% Orange Juice Price Implosion After a crazy price surge - orange juice futures traded at the ICE have more than halved since the start of the year.</li><li>While reaching its temporary high of 539 USX in December, the forward contract is now trading at 247 USX.</li><li>The price is now back at levels it was trading at the beginning of 2024. Compared to 2020 futures pricing is still up 150%. (yeah you read that right)</li></ul>

 -50% Orange Juice Price Implosion After a crazy price surge - orange juice futures traded at the ICE have more than halved since the start of the year.While reaching its temporary high of 539 USX in December, the forward contract is now trading at 247 USX.The price is now back at levels it was trading at the beginning of 2024. Compared to 2020 futures pricing is still up 150%. (yeah you read that right)

<ul><li>It Remains Dry in the US - A Problem For Grain Prices? Many areas in the U.S. remain quite dry for this time of the year.</li><li>Compared to 2016 and 2019 the drought index DSCI remains in fact quite elevated.</li><li>But we also can say that a high DSCI doesn’t necessarily mean upside pressure for grain prices.</li></ul>

It Remains Dry in the US - A Problem For Grain Prices? Many areas in the U.S. remain quite dry for this time of the year.Compared to 2016 and 2019 the drought index DSCI remains in fact quite elevated.But we also can say that a high DSCI doesn’t necessarily mean upside pressure for grain prices.

It Remains Dry in the US - A Problem For Grain Prices?

<ul><li>As of today, we’re still short cotton, but we see a major potential reversal pattern brewing in the market.</li><li>A worsening economic outlook provided major headwinds to the price of cotton during the past few couple of months.</li><li>Overall, the market has corrected more than 50% since Q2 of 2022.</li></ul>

As of today, we’re still short cotton, but we see a major potential reversal pattern brewing in the market.A worsening economic outlook provided major headwinds to the price of cotton during the past few couple of months.Overall, the market has corrected more than 50% since Q2 of 2022.

Major Cotton Reversal Trade / Potential Investment Case

The Commodity Report
Data-Driven Commodity Research
• The Commodity Report

How Commodities React To Trumps New Global Trade Plans

Just earlier this week, he declared he wouldn’t make a zero-tariff deal with the EU — and now, without any real change in circumstances, he’s...

The Commodity Report

Commodities Crash after Trump’s Tariff Nightmare

The new 10% tariff baseline is roughly triple the average US tariff rate before Trump reclaimed power in January and the calculation behind each...

The Commodity Report

-50% Orange Juice Price Implosion

-50% Orange Juice Price Implosion After a crazy price surge - orange juice futures traded at the ICE have more than halved since the start of the...

The Commodity Report

It Remains Dry in the US - A Problem For Grain Prices?

It Remains Dry in the US - A Problem For Grain Prices? Many areas in the U.S. remain quite dry for this time of the year. Compared to 2016 and...

The Commodity Report

Major Cotton Reversal Trade / Potential Investment Case

A worsening economic outlook provided major headwinds to the price of cotton during the past few couple of months. Overall, the market has...

The Commodity Report