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Weekly commodity review: WTI rose 2%, natural gas spiked 23%, and Chicago and Kansas wheat gained 0.8% and 1.1%. Corn rose 3.2% and soybeans 3.9%, while the Fed's hawkish announcement hit equities.
Precious and base metals mostly fell.
Grain gains were driven by broad energy and commodity strength, which raises feed cost sentiment. Routine weekly price recap with no single new cause.
graniteshares.comJan 31, 2022Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
