Tag Archives: soybeans
Diversifying Commodities Rise 16% in Q3 2023 as Equities Drop
Commodities, as represented by the S&P GSCI, rose over 4% in September and 16% in Q3 2023. This highlighted the potential diversification qualities of this asset class, as equities and fixed income both fell during the month. Commodities’ low correlations to other asset classes can provide a cushion when other higher-allocated asset classes drop during…
- Categories Commodities
- Other Tags
Renewable Diesel Feedstock – An Alternative Clean Energy Investment Part 1
Renewable diesel1 is one of the newer clean energy fuels on the market. It has become popular because it reduces emissions and has up to 85% less sulfur than ultra-low sulfur diesel. As clean air regulations and sustainability goals become more common, renewable diesel could continue growing in popularity. Renewable diesel can power conventional auto…
- Categories Commodities, ESG, Thematics
- Other Tags
- Categories
- Commodities, ESG, Thematics
- Other Tags
A Quiet End to a Strong Quarter for Commodities
The S&P GSCI will commemorate its 30th anniversary in April 2021 following one of the better quarterly performances in its history. Despite giving up some of its recent gains in March, the S&P GSCI rose 13.5% in Q1 2021. A robust, if uneven, post-pandemic recovery in economic activity, ongoing supply dislocations, and the global push…
- Categories Commodities
- Other Tags
Industrial Commodities Benefit from Hopeful COVID-19 Vaccine News
November proved to be a good month for risk assets, including commodities. The headline S&P GSCI rose 12.0%, outperforming the S&P 500®, which gained 10.8%. Promising developments on the COVID-19 vaccine front and the U.S. election outcome rewarded risk assets such as energy and industrial metals, while safe-haven assets like gold lost some luster. The…
- Categories Commodities
- Other Tags
- Categories
- Commodities
- Other Tags
A Supply Drop and Demand Pickup Pushed Soybeans to a Three-Year High
Only a few months ago, it seemed that global soybean supplies were more than ample, and in the case of the U.S., a semi-permanent soybean mountain had been built in the wake of damaged demand from its top customer, China. Fast forward to late October 2020, and the S&P GSCI Soybeans is up 29% since…
- Categories Commodities
- Other Tags
- Categories
- Commodities
- Other Tags
Commodities in October – Waiting Patiently for a U.S.-China Trade Deal
The broad commodities market rose modestly in October. The S&P GSCI was up 1.2% for the month and up 10.0% YTD. The Dow Jones Commodity Index (DJCI) was up 1.9% in October and up 6.7% YTD. Gains were spread surprisingly evenly across the individual commodity markets As has been the case all year, the star…
- Categories Commodities
- Other Tags
Commodities Performance Highlights – April 2019
The commodities bull market party continued in April. The S&P GSCI was up 2.8% for the month and up 18.2% YTD. The Dow Jones Commodity Index (DJCI) was flat in April and up 7.6% YTD, reflecting its lower energy weighting. Petroleum prices, once again, were the standout drivers in the broad commodity index in April,…
- Categories Commodities
- Other Tags
Commodities Performance Highlights – March 2019
It has been a noteworthy start to 2019 for commodities. The S&P GSCI was up 1.6% in March and up 15.0% YTD. The performance of the Dow Jones Commodity Index (DJCI) was more modest in March, up 0.1%, and it was up 7.5% YTD, reflecting its lower energy weighting. Petroleum prices were the standout driver…
- Categories Commodities
- Other Tags
- Categories
- Commodities
- Other Tags
Backwardation Bonanza!
If you experience your most expensive 4th of July ever, it may be from the unprecedented shortages of commodities in June. Since 1970, as far back as the S&P GSCI has data, there has never been a June with as many commodities in backwardation as in June 2014. Of 24 commodities in the S&P GSCI, 23 of which are in…
- Categories Commodities
- Other Tags
- Categories
- Commodities
- Other Tags
RECORD BREAKING MONTH: Commodities Love War and Heat
August was a hot month for commodities from the Syrian unrest and the heat. In the risk on – risk off environment created by the quantitative easing, the sentiment has shifted to risk off. While that is not good news for some economically sensitive commodities like copper, it is great news for others like precious…
- Categories Commodities, Uncategorized
- Other Tags
- Categories
- Commodities, Uncategorized
- Other Tags