Loading…
The Bloomberg Commodity Index rose about 9% in the third quarter, its second straight quarterly gain, with natural gas and lumber among the best performers. Natural gas futures rose more than 44% for the period and lumber futures about 40%.
Broad commodity strength on vaccine optimism and a rebound in European LNG demand points to firmer energy input costs for feed and processing, though the article focuses on energy and lumber rather than feed grains.
marketwatch.comMyra P. SaefongSep 30, 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.
