How to Play the “Trump Dump” in Soybeans

It’s on! The multi-front trade war that neither exporters nor importers wanted is heating up. While the U.S. stock market has shrugged it off so far, agricultural commodities affected by China’s 25% retaliatory import tariffs… Read More

Crude Reality: Is $100 the Next Stop?

The productivity miracle of the twentieth and early twenty-first centuries was fueled by crude oil and its derivatives. Diesel made from crude oil powered tractors and combines. Farmers, aided by fertilizers synthesized from the same,… Read More

Is Coffee the Last “Cheap” Commodity?

Option traders know that volatility is perhaps one of the most important factors determining options prices. Extremely volatile markets tend to have expensive options. Extremely quiet markets tend to have cheap options. That’s why some… Read More

Bottom Near in Sugar?

We think so. High crude oil prices incentivize the use of ethanol as a gasoline additive in the US and as a substitute for gasoline in Brazil. The US uses its huge corn crop to… Read More

Silver Taking the Lead

Silver bulls finally have something to cheer about. After months of lagging its richer cousin, silver is making a move on gold. This is good news for both metals should it continue. Silver nearly always… Read More