Latest / The Commodities Trade Institute Podcast
6M Barrel Oil Gap, EU Grain Rates, $5,330 Gold, & US Harvest Lags
Global commodity balances tighten as crude holds above $100 per barrel amid a six-million-barrel daily refined fuel shortfall, while central bank accumulation anchors gold beyond $4,000 per ounce. Danube bottleneck delays lift Black Sea grain coaster rates to $105 per ton, Indian customs investigators crack down on 910,000 tons of suspected mislabeled Nigerian soybean imports, and persistent Midwestern rains stall United States corn and soybean harvesting well behind five-year averages.
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