Loading…
A weekly commodities review says crude oil has led returns this year, with WTI and Brent up close to 40% on OPEC+ production cuts and U.S. sanctions on Iran and Venezuela. Many agricultural markets stayed under pressure due to ample supplies.
Higher crude raises biofuel economics and feeds into ethanol and vegetable oil prices, which supports corn and soyoil. Ample ag supplies keep grain prices capped.
finance.yahoo.comOle HansenApr 28, 2019Not 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.
