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GraniteShares' weekly update for the week ending February 1 reports crude oil up about 3%, natural gas down 11%, and corn and soybeans lower by 0.5% and 0.8%. Chicago wheat gained 0.8%, and the FOMC held rates steady with a more patient stance.
Higher crude supports biofuel feedstock demand, while the weekly grain declines reflect routine market moves with no new supply or demand cause.
graniteshares.comFeb 4, 2019Not 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.
