Data-Driven Commodity Research, The Commodity Report

The Commodity Report

Data-Driven Commodity Research

A unique newsletter about commodities and macro analysis in a weekly format.

Commodities

<ul><li>Traders are hunting hard for short opportunities in commodities right now.</li><li>With the momentum carrying so many markets, that’s a thankless job: selling into a live trend costs you nerves and usually money.</li><li>The grain market, though, could soon offer a cleaner setup – reason enough to take a dedicated look here.</li></ul>

Traders are hunting hard for short opportunities in commodities right now.With the momentum carrying so many markets, that’s a thankless job: selling into a live trend costs you nerves and usually money.The grain market, though, could soon offer a cleaner setup – reason enough to take a dedicated look here.

Where the Short Sits in Grains – and Where It Doesn’t

<ul><li>A strong El Niño is forming in the Pacific, with over 90% probability for the rest of 2026.</li><li>Here is a plain-English look at what is happening, which crops are most at risk, and what to watch in the coming months.</li><li>El Niño is a recurring climate pattern in which the central and eastern tropical Pacific Ocean becomes warmer than usual. </li></ul>

A strong El Niño is forming in the Pacific, with over 90% probability for the rest of 2026.Here is a plain-English look at what is happening, which crops are most at risk, and what to watch in the coming months.El Niño is a recurring climate pattern in which the central and eastern tropical Pacific Ocean becomes warmer than usual. 

El Nino is Coming! - What it Means for Commodity Prices in 2026

<ul><li>*YTD our absolute return strategy is up 12,0% Diamonds Are Cheap Diamond prices have fallen to their lowest level this century!</li><li>Diamond prices are currently low due to a combination of factors including decreased demand, increased supply of lab-grown diamonds, and fewer marriages.</li><li>Lab-grown diamonds used to take weeks to make but can now be grown in a few hours, compared with billions of years for natural stones.</li></ul>

*YTD our absolute return strategy is up 12,0% Diamonds Are Cheap Diamond prices have fallen to their lowest level this century!Diamond prices are currently low due to a combination of factors including decreased demand, increased supply of lab-grown diamonds, and fewer marriages.Lab-grown diamonds used to take weeks to make but can now be grown in a few hours, compared with billions of years for natural stones.

Diamonds Are Cheap & Seasonality Headwinds for Soybeans

<ul><li>CTA Update Last week, the research division of UBS shared an update on the positioning of CTAs.</li><li>Contrarian' trades: bullish Energy, Cattle Feeder, Lme Lead and Lme Nickel, bearish Coffee, Cocoa, Platinum and Palladium</li><li>Go with momentum' trades: bullish Lme Tin, Copper, Gold and Lean Hogs, bearish Soybean, Soybean Meal, Wheat and Corn Hurricane Milton and Orange Juice Prices Orange juice futures rose as Hurricane Milton approached Florida throughout the week.</li></ul>

CTA Update Last week, the research division of UBS shared an update on the positioning of CTAs.Contrarian' trades: bullish Energy, Cattle Feeder, Lme Lead and Lme Nickel, bearish Coffee, Cocoa, Platinum and PalladiumGo with momentum' trades: bullish Lme Tin, Copper, Gold and Lean Hogs, bearish Soybean, Soybean Meal, Wheat and Corn Hurricane Milton and Orange Juice Prices Orange juice futures rose as Hurricane Milton approached Florida throughout the week.

Hurricane Milton and Orange Juice Prices // CTA Update

<ul><li>Soybean-Meal Oversupply Crisis Incoming? When you crush soybeans, you get one part of soy oil and another part of soy meal.</li><li>Per soybean crushed, you get something like an 80/20 meal to oil share.</li><li>While the soy oil part is currently in high demand due to a higher bioethanol requirement (Brazil increased the share from 14% to15% as of 2025), there isn’t an additional demand driver for soy meal.</li></ul>

Soybean-Meal Oversupply Crisis Incoming? When you crush soybeans, you get one part of soy oil and another part of soy meal.Per soybean crushed, you get something like an 80/20 meal to oil share.While the soy oil part is currently in high demand due to a higher bioethanol requirement (Brazil increased the share from 14% to15% as of 2025), there isn’t an additional demand driver for soy meal.

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Soybean Meal (SM A COMDTY)

Where the Short Sits in Grains – and Where It Doesn’t

With the momentum carrying so many markets, that’s a thankless job: selling into a live trend costs you nerves and usually money.

The Commodity Report

El Nino is Coming! - What it Means for Commodity Prices in 2026

A strong El Niño is forming in the Pacific, with over 90% probability for the rest of 2026. Here is a plain-English look at what is happening,...

The Commodity Report

Diamonds Are Cheap & Seasonality Headwinds for Soybeans

YTD our absolute return strategy is up 12,0% Diamonds Are Cheap Diamond prices have fallen to their lowest level this century!

The Commodity Report

Hurricane Milton and Orange Juice Prices // CTA Update

Contrarian' trades: bullish Energy, Cattle Feeder, Lme Lead and Lme Nickel, bearish Coffee, Cocoa, Platinum and Palladium

The Commodity Report

Soybean-Meal Oversupply Crisis Incoming?

Soybean-Meal Oversupply Crisis Incoming? When you crush soybeans, you get one part of soy oil and another part of soy meal. Per soybean crushed,...

The Commodity Report

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)