# ETF Securities: Supply tightness aids cyclical commodities

> ETF Securities reported commodity prices rose 1.3% in September, led by energy and industrial metals, while the US dollar basket fell about 1%. It noted the US imposed 10% tariffs on a further $200bn of Chinese imports and said grains slumped while livestock and softs rebounded.

- Date: 2018-10-03 · published 2018-10-03T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/62450-etf-securities-supply-tightness-aids-cyclical-commodities
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Grains weakness and livestock rebound shape feed input pricing, and a weaker dollar supports dollar-priced commodities. Tariff escalation adds trade-flow uncertainty for soy and grain exports.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- HOGS: bullish ▲
- WHEAT: bearish ▼
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-04-10 | [Is China avoiding U.S. commodities as a political stunt?](https://feedsoft.ai/events/14758-is-china-avoiding-u-s-commodities-as-a-political-stunt.md) | +0.1% | +2.3% |
| CORN | 2018-03-23 | [Trade Conflict Hits Agriculture Commodities - WSJ](https://feedsoft.ai/events/65863-trade-conflict-hits-agriculture-commodities-wsj.md) | +1.9% | +3.1% |
| CORN | 2023-07-20 | [Significance of Black Sea ports for Russian commodities exports \| Reuters](https://feedsoft.ai/events/14377-significance-of-black-sea-ports-for-russian-commodities-exports-reuters.md) | +9.4% | -7.2% |
| CORN | 2024-08-29 | [Chinese authorities plan to limit feed imports to support local farmers](https://feedsoft.ai/events/28854-chinese-authorities-plan-to-limit-feed-imports-to-support-local-farmers.md) | +5.8% | +7.8% |
| CORN | 2018-06-19 | [Commodities Slide as U.S.-China Spat Hits Soy to Steelmakers - Bloomberg](https://feedsoft.ai/events/10576-commodities-slide-as-u-s-china-spat-hits-soy-to-steelmakers-bloomberg.md) | -0.9% | -2.0% |
| SOY | 2024-01-02 | [Commodities 2024: China's soybean demand set to fall amid impending hog supply cuts](https://feedsoft.ai/events/32124-commodities-2024-china-s-soybean-demand-set-to-fall-amid-impending-hog-supply.md) | -4.2% | -5.8% |
| SOY | 2024-04-10 | [Is China avoiding U.S. commodities as a political stunt?](https://feedsoft.ai/events/14758-is-china-avoiding-u-s-commodities-as-a-political-stunt.md) | -2.5% | +4.9% |
| SOY | 2018-03-23 | [Trade Conflict Hits Agriculture Commodities - WSJ](https://feedsoft.ai/events/65863-trade-conflict-hits-agriculture-commodities-wsj.md) | +1.5% | -0.1% |

## Sources

- fundresearch.de: https://www.fundresearch.de/rohstoffe/ETF-Securities-Supply-tightness-aids-cyclical-commodities.php

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.