Baltic Dry Index (Ocean Freight)

[bucket]

So my micro nutrient package with copper will be cheaper?

[ajl]

So my micro nutrient package with copper will be cheaper?

NTR stock has taken quite the beating the past couple of trading sessions so all is not well in the fertilizer market.

[errolanderson]

Heavy selling pressure in Asia tonite. Shanghai down nearly 3 percent, Nikkei index off nearly 2 percent.

North American markets setting up for heavy selling tomorrow in both commodities and equities.

[bucket]

Heavy selling pressure in Asia tonite. Shanghai down nearly 3 percent, Nikkei index off nearly 2 percent.

North American markets setting up for heavy selling tomorrow in both commodities and equities.

So the question remains...are inputs to the farm going down like the commodities produced on them?

[biglentil]

This drop in global commodities also warns of a possible sudden decline in precious metal prices, barring geo-political tensions (ie: gold and silver) on deflationary pressures. Realize this is contrary to all the internet chatter out there. It's a crazy economic world out there . . . .

Comparing oil and copper (consumables) to gold is like comparing apples to oranges. Gold does great in a deflationary environment and in an inflationary environment. It doesn't do well when everything is stable and peachy.

[errolanderson]

Commodities yikes! . . . lean hog collapse, copper, ocean freight fallout continues, soybeans breaking major support . . . . gold and silver power up on wall of worry.

[furrowtickler]

Commodities yikes! . . . lean hog collapse, copper, ocean freight fallout continues, soybeans breaking major support . . . . gold and silver power up on wall of worry.

Canola , wheat and most others have taken a beating as well .
Oh , fertilizers and other inputs going up here while in the US there inputs are dropping ie : fuel and fertilizer.

[Flatlander]

Errol is not worried about 5G, sounds like he is more worried about the 3 G’s -Gold, Guns, and a Getaway.

[Hamloc]

Commodities yikes! . . . lean hog collapse, copper, ocean freight fallout continues, soybeans breaking major support . . . . gold and silver power up on wall of worry.

Errol what do you think will turn this around, my personal opinion is the concern over the coronavirus is over blown but maybe I am wrong. Feeder cattle off a bit this week as well. Certainly a bad day for canola.

[biglentil]

Errol what do you think will turn this around, my personal opinion is the concern over the coronavirus is over blown but maybe I am wrong. Feeder cattle off a bit this week as well. Certainly a bad day for canola.

Or the response has been too little too late, and the consequences under blown. I'm not worried one bit about the sell off it grains, fear over the next 18 months could drive the prices higher than we have ever seen. Throw the TA out the window, this is a black swan event. Lock the ****in bins and throw away the key.