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The S&P GSCI returned 16.53% in 2019, well above its five-year average. Palladium was the top performer, rising 54% to $1,912 an ounce, and Citi forecasts $2,500 by mid-2020.
The article suggests a weaker dollar could be the catalyst for commodities in 2020.
This is a retrospective performance review with a dollar-weakness thesis. It has little direct effect on feed grain or meal supply and demand.
usfunds.comFrank HolmesJan 13, 2020Not 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.
