Live Cattle Futures Faded After an Early Gap Higher. 5/12/26
Tuesday’s live cattle market opened with a pronounced gap higher, only to reverse and finish lower by the close. The June contract slipped $1.70 to $2,477.70, while the August contract fell $2.47 to $2,401.07. Feeder cattle were volatile, dropping $5.75 to $3,560.55 after briefly touching $3,665.65. Deferred contracts for September and October lost over $6 each. Lean hogs also declined, with the June lean hog future down $1.80 at $98.42. Meanwhile, the USDA wholesale box‑beef report showed choice cuts up 67 cents to $391.89 and slack cuts up $2.82 to $394.31. Daily slaughter rose to 102,000 head, 5,000 above last week. Analysts flag the recent reduction in beef tariffs and a sizable long position—about 138,000 contracts—as catalysts for potential forced liquidations, which could pressure prices further.
July Silver Futures Rallied on Projected Supply Deficit. 5/12/26
July silver futures closed higher for a sixth straight session, rallying roughly 18% since early May and ending the day up 1.14% on the session. The surge follows the Silver Institute’s projection that 2026 will mark the sixth consecutive annual...
WTI Crude Oil Futures Retook $100 Amid Strait of Hormuz Closure. 5/12/26
June WTI crude futures reclaimed the $100 barrier on May 12, posting the strongest intraday gain since May 4. The contract opened near $98, rose to $102.72, and closed up roughly 4.4% as the market reacted to geopolitical tension in the...
How Interest Rates Triple Grain Storage Costs and Reshape Farm Decisions | Ag Marketing IQ In Depth
The video examines how soaring interest rates are reshaping two core farm decisions: buying land and storing grain. David Whitmar explains that higher borrowing costs now demand twelve years of cash‑rent savings for a down payment, and that each purchased...
May 12 | Closing Market Report
The May 12 closing market report opened with the USDA’s first look at new‑crop corn and soybean supply‑demand tables, highlighting a near‑two‑billion‑bushel carry‑out for corn and an unexpected rise in soybean export demand to 1.63 billion bushels. Prices closed higher—July corn at...
Luke Gromen: The Mother of All Supply Distributions & Why Gold Will Go 'Much Higher'
Luke Gromen argues we are entering the largest commodity‑supply shock in history, driven by the prolonged closure of the Strait of Hormuz, while the global monetary regime is being reshaped. He points to record‑high sovereign debt, an adjusted Warren Buffett metric at...
WTI Crude Oil Futures Test $100 as U.S.-Iran Diplomacy Drives Volatility. 5/11/26
Oil markets opened the week with WTI crude futures climbing above the $100 per barrel mark, a level not seen since the previous Wednesday, before settling at $98, up $2.65 on the day. The rally was driven largely by lingering...
U.S. Set to Temporarily Lower Beef Import Tariffs
The market‑talk program focused on the Trump administration’s plan to temporarily lower tariffs on imported beef. An executive order is expected to reduce the quota system, allowing more Argentine and Brazilian beef to enter the United States at reduced duties,...
OMCs' Q1FY27 Losses Could Wipe Out FY26 Profits | India Business Hour
The video highlights that India’s oil marketing companies (OMCs) are projected to incur massive losses of roughly ₹1‑1.2 lakh crore in the first quarter of FY27, driven largely by soaring crude prices and under‑recoveries that total close to ₹2 lakh crore. Analysts estimate...
Heavy Rains Damage Rice Crop in Bangladesh: Crisis as Farmers Lose Their Harvest to Flooding
Heavy pre‑monsoon rains and upstream water releases have inundated the low‑lying wetlands of northeast Bangladesh, converting rice paddies into standing water just as the harvest season begins. Farmers in Maulvibazar and surrounding Sylhet districts report that fields have become lakes,...
Iran War Drives Africa’s Fertilizer Crisis
The video examines how the Russia‑Iran conflict is driving up fertilizer costs and threatening Africa’s agricultural outlook. With the continent holding 60% of the world’s uncultivated arable land, its farms are already vulnerable to supply shocks, and the war has...
RBOB Futures Recovered From a Seven-Session Low to Near $3.52. 5/8/26
RBOB gasoline futures rebounded more than 2% on Thursday, climbing back to around $3.52 per gallon after hitting a seven‑session closing low the previous day. The rally lifted RBOB to the top of its daily range, while West Texas Intermediate (WTI)...
May 08 | Closing Market Report
The May 8 closing market report tied together three distinct themes: a deep dive into commodity price movements, a community‑level debate over a proposed hyperscale data center, and a regional weather outlook for the Midwest. Host Todd Gleason and analyst Mike...
AI Is Eating the Grid... And You're Paying For It
The video warns that AI‑driven data centers are turning electricity grids into bottlenecks, with a single facility now using as much power as a small city and the sector’s demand outpacing supply. It cites IEA’s projection of 1,100 TWh global data‑center use...
China and US in 'Commodity War' For SILVER - 'Supply Shock' Incoming: Sean Foo
The interview on Commodity Culture focuses on a burgeoning "commodity war" between China and the United States, centering on silver. Host Jesse Day and analyst Sean Foo discuss how Beijing’s new export restrictions and record‑breaking imports in early 2026 signal...
Urea Market Outlook
The Argus analyst outlines a sharply tightening urea market as the Middle East conflict curtails export capacity. Disruptions in the Gulf, which normally supplies roughly a third of global urea, have already removed more than 1.5 million tonnes from the market,...
Beyond the Gulf: How the Iran War Is Fueling Crisis in the Horn of Africa
The CSIS panel examined how the two‑month‑old Iran‑Israel conflict is reverberating far beyond the Gulf, turning the Red Sea into a new front of a globalized crisis. Closure of the Strait of Hormuz and attacks on Gulf fertilizer and...
Markets Now 5/7 - Grains Lower Following Oil, Corn/Beans Hold Support: Cattle Fall Despite Higher Ca
The Markets Now segment focused on Thursday’s broad decline in grain and livestock futures, with crude oil’s sharp dip setting the tone for the day. Analysts Jeff Hogandorn and Michelle Work highlighted how oil movements have become a proxy for...
May 07 | Closing Market Report
The May 7 Closing Market Report from Illinois Public Media wrapped up the day’s commodity prices, weather outlooks, policy updates, and new research tools for producers. July corn futures edged lower to $467, while soybeans slipped to $11.92, but both rebounded...
European Airports Face Jet Fuel Shortage Within Three Weeks | FT #shorts
European airlines are confronting a looming jet‑fuel shortage as the Iran crisis drives global fuel prices to record highs, forcing carriers to seek regulatory relief. The surge in fuel costs comes amid already thin profit margins, prompting airlines to...
Government's 5th Fuel Price Cap to Remain Unchanged From 4th
South Korea’s government announced that the fifth round of wholesale fuel price caps will remain unchanged from the previous round, taking effect for two weeks starting midnight Friday. The caps lock gasoline at 1,934 won per liter, diesel at 1,923 won, and...
Why Is China So Important to Rare Earths Mining?
The video explains why China has become the linchpin of the rare‑earth supply chain, a sector once dominated by the United States until the early 1990s. Today China extracts about 69% of the world’s rare‑earth ores and commands more than...
Oil Prices Rise Like a Rocket and Drop Like a Feather
The video captures a casual conversation about the recent surge in gasoline prices, noting that the average U.S. pump price has climbed to $5 per gallon and could approach $6, prompting personal frustration and jokes about round numbers. Participants observe that...
Cattle Futures Rally While Slaughter Totals Trend Lower. 5/6/26
Grain futures slipped Wednesday as corn, soybeans and wheat all posted modest declines, while a potential US‑Iran cease‑fire sent crude oil tumbling more than 10 %. The slide reflected the market’s sensitivity to geopolitical headlines that can quickly reshape risk sentiment...
Why Oil Prices Haven’t Risen More Sharply | Economic Update | Deloitte Insights
Chief economist Ira Kalish of Deloitte explains why oil prices have remained relatively stable despite a physical shortage emerging after pipeline inventories were depleted. He notes that global oil supply has fallen about 11 million barrels per day (bpd) since the...
May 06 | Closing Market Report
The May 6 edition of Illinois Public Media’s Closing Market Report tied together four themes – grain‑commodity pricing, the emerging debate over data‑center siting, a papal call on food waste, and the latest wheat‑weather outlook. Analysts noted that a 7‑8 % slide in...
Bloomberg News Now: Oil Talks, Tanker Escorts, Ted Turner Dies, Fed Inflation Warning
The Bloomberg segment covered several breaking stories: a tentative U.S.–Iran memorandum that could reopen the Strait of Hormuz and ease oil market pressure, a French‑British naval coalition poised to escort tankers, the death of media pioneer Ted Turner, a Fed...
How to Profit From Global Volatility and Commodity Chaos | Harris Kupperman
The conversation centers on extracting profit from the current commodity volatility by zeroing in on U.S. refiners. Harris Kupperman and Rodrik Vanzo argue that the decisive metric is the crack spread – the price differential between crude oil and refined...
Asia's Oil Scramble Is Reshaping Crude Markets, with Lin Ye and Priya Walia
The April 30 episode of “Let’s Talk Energy” examined how Asia’s oil‑scramble is reshaping both physical and futures markets as Brent crude surged to a four‑year high of about $125 per barrel. The backdrop is the stalled US‑Iran talks on reopening...
The Downlow for Farmers on Diesel Prices
The video highlights a surge in diesel prices, with six states now posting record highs and the national average hovering just 20 cents below an all‑time peak. The spike is especially pronounced in the Great Lakes region, where refining constraints...
Gas Prices Are About To EXPLODE… And This Could Be Just The Beginning
The video warns that U.S. gasoline prices are on the brink of a $5‑per‑gallon national average. Wholesale gasoline (RBO) has surged to $3.60‑$3.75 per gallon, a level that historically translates into retail prices near $5, and inventories have plunged by...
WTI Crude Oil Futures Shed 4% as Geopolitical Risks Eased. 5/5/26
The video reports that June WTI crude oil futures fell more than 4% on May 5, 2026, as geopolitical risk premiums receded following a Pentagon assessment that recent Iranian attacks did not meet the threshold for renewed major combat. The...
Hormuz Chokehold Raises Stakes for Energy, Fertilizer, and Global Food Prices | Frontlines, May 2026
The Frontlines podcast examines the ongoing closure of the Strait of Hormuz and the United States’ layered blockade, warning that the chokepoint’s shutdown is throttling oil exports, fertilizer shipments, and ultimately driving up global food prices. Hosts Jacob Shapiro and Sean...
Markets Now Closes - 5/5 Corn, Soybeans See Profit Taking, Farmer Selling: Cattle Recover Tuesday
Corn and soybean futures pulled back Tuesday as profit-taking and farmer selling hit front-month contracts after recent contract highs, with July corn meeting March resistance. Rapid planting — soybeans about 10% and corn roughly 38% ahead of five-year averages —...
May 05 | Closing Market Report
The May 5 closing market report from Illinois Public Media combined a deep‑dive into grain markets with an interview on Google’s data‑center strategy. Host Extensions Tugle welcomed Naomi Bloom of TotalFarmMarketing to dissect recent corn and bean price action, then turned...
Iran’s Impacts on Agricultural Production | AI for Food Security Forum
The AI for Food Security Forum addressed Iran’s indirect impact on global agriculture, zeroing in on a sharp rise in fertilizer prices that is squeezing farmer profitability. Speakers noted that fertilizer costs have climbed dramatically, leaving many producers with projected cash...
US NGL Supply Is the New Global Benchmark | Presented by CME Group
The CME Group presentation highlighted Mont Belle, a Texas Gulf Coast hub 30 miles east of Houston, as the emerging global pricing reference for natural gas liquids (NGLs), analogous to Cushing’s role for crude oil. Mont Belle sits atop massive salt‑dome storage...
Global LNG Exports Fall to Two-Year Low
The video examines why global liquefied natural gas (LNG) shipments have slipped to a two‑year low, tracing the decline to the United States‑led blockade of the Strait of Hormuz. The closure has crippled Qatar’s ability to move LNG, forcing the...
Mont Royal Resources (ASX:MRZ) - Ashram PEA Nears as Capex Slashed 50% and Fluorspar Upside Emerges
Mont Royal Resources (ASX:MRZ) announced that its Ash Road Preliminary Economic Assessment (PEA) is close to finalisation after slashing capital spending by roughly 50 percent. The company also highlighted a newly released fluorspar study, positioning the mineral as a valuable...
Accountancy Insights: Can Businesses Mitigate Rising Energy Prices? Plus AI in Audit, UK GAAP
The episode tackled two pressing issues for accountants: how firms can shield themselves from soaring global energy prices and the new Financial Reporting Council (FRC) guidance on managing generative‑AI risk in audit work. Conway explained that UK gas prices have jumped...
Grant Williams: Why Gold Will Skyrocket | The Changing World Order Playbook
Grant Williams argues that the world’s monetary order is fracturing, creating conditions where gold could re‑emerge as the primary anchor of value. He links this shift to unprecedented commodity‑flow disruptions—potentially 15‑20% of global petroleum, half of uranium, and sizable portions...
OTC Asia 2026: Supply Chains, Deepwater and Energy Security, with Afiqah Mohd Ali
The OTC Asia 2026 panel, featuring Rystad Energy analyst Afiqah Mohd Ali, examined how recent Middle‑East tensions and broader geopolitical shifts are reshaping energy‑related supply chains in Southeast Asia. The conversation centered on the immediate, largely localized impact of the...
WTI Crude Oil Futures Pushed Higher Amid Middle East Tensions. 5/4/26
WTI crude oil futures climbed on May 4, 2026, as the June contract pushed past $105 per barrel, driven largely by escalating geopolitical risk in the Middle East. After two consecutive days of declines, the market rebounded, with the June contract...
Silver Futures Dropped 4% to Test One-Month Lows. 5/4/26
Silver futures slid about 4% on Tuesday, settling near $73.25 per ounce, a level that matches the contract’s one‑month low. The decline followed a brief rally that had lifted the metal for two consecutive sessions. Analysts pointed to three macro forces...
Feeder Cattle Futures Dropped $15.45 From Friday's High. 5/4/26
The livestock market opened lower, with feeder cattle futures sliding $15.45 since Friday’s high and live‑cattle contracts retreating across the board. Technical indicators suggest the sell‑off is a correction from an overbought condition, compounded by rising fuel prices that are...
The Silver Market May Be Closer to Breaking Than It Looks | Andy Schectman
The interview with Andy Schectman focuses on the mechanics behind the recent silver price plunge and the massive physical deliveries recorded on COMEX. Schectman argues that price movements are being used as a misdirection tool by powerful market participants, while...
OTC Asia 2026: Energy Security, LNG and AI in Asia Pacific, with Samuel Low
At OTC Asia 2026, Sam Low, head of advisory for Rystad Energy in the Asia‑Pacific, outlined the firm’s expanding role in strategy, transaction support and capital‑raising for E&P firms, governments and financiers across the region. He highlighted the breadth of...
No Way Out? Breaking Down the Week 9 Strait of Hormuz Closure
The video examines the ninth week of the escalating maritime crisis as Iran and the United States maintain rival blockades across the Strait of Hormuz, while piracy off Somalia and a long‑standing Gaza blockade add further complexity. Oil markets have reacted...
Rainbow Rare Earths - George Bennett on the Market Dynamics in Rare Earths
In a recent interview, Rainbow Rare Earths CEO George Bennett outlined how shifting geopolitics are reshaping the global rare‑earth market and why his company believes it is uniquely positioned amid the turmoil. Bennett traced the Chinese strategy of suppressing prices last...
South African Wine Estates Become Focus for Global Buyers
South African wine estates are attracting global buyers as valuations shift from pure agricultural output to tourism and lifestyle experiences. While the country's wine exports have slipped, vineyard land now commands about $80,000 per hectare, outpacing Australian and Chilean counterparts...