Commodities Analysis & Opinion

The Pain is Spain will not let Brent crude prices gain. Brent crude prices hit the lowest level since 2004 as uncertainty over Spain’s election is raising further concerns about European and...

A lot of News Stories the Past Few DaysGood Morning! As we head into the Christmas holiday break stories in Grains and Energy stories could impact the market in January. In the overnight electronic...

Crude oil continues to fall this morning as the price of WTI is trading below the level of $35, the lowest level since the 2008/2009 financial crisis. Despite this, the Canadian dollar is relatively...

It looks like traders may have dipped into the eggnog a little bit early, as markets have been extremely groggy so far today. Of course, this is historically one of the slowest weeks of the year as...

Number of cattle heads is falling in AustraliaTwo major Australian beef producers, Teys and JBS SA (OTC:JBSAY), reported they are cutting the working hours of their factories and staff. For three...

Gold hit strong resistance at 1067/68 with a high for the day expected and we topped below the stop level of 1071. First resistance at 1068 the main challenge for bulls today but with the bullish...

Markets were choppy waiting for the expected Fed rate rise Wednesday which came and went and now we’re choppy again but looking as if we may move lower.Rising rate are generally strong for...

Here's one for the "this was not supposed to happen, and nobody saw it coming" book. Bloomberg reports on the Siberian Surprise: Russian Oil Patch Just Keeps Pumping.In the fight for market share...

Oil Futures-February Settlement- moves below 36.05 along with negativity on moving averages and ADX. RSI moves bearishly despite touching 30.00 levels, which are negative catalysts that will lead to...

The prices of the metals were sagging. Silver was trading around $13.80.On Wednesday, Janet “Good News” Yellen said the magic words. The Federal Reserve hiked the federal funds rate by 25...

Wheat March first support at 482/481 is the strongest of the day. Below however targets minor support at 477/476. Failure here risks another slide to 472. Below here watch the 466/465 December...

Soybeans first resistance at 892/893 is strong today and includes the 100 day moving average. A break above 896 is therefore positive and targets 898/899 then December highs at 970/910. A break above...

Corn March holding below strong resistance at 375/376 is less positive for today and we have tested minor support at 372/371 this morning as I write. If we continue lower look for 368/367 then...

Silver has been somewhat weaker than gold in the recent past and dropped to clear new lows last Monday, as we can see on its 6-month chart below, but this should not come as a surprise as its recent...