PPI indicates they are down:
Category Archives: commodities
A Rebound in Lumber Prices?
Reader JohnH points us to an article entitled “Lumber prices have fallen, but the stage is set for a potential 65% rally through the end of the year, an expert says”. What do markets say about this?
Predicting the Lumber PPI for July-September
Calculated Risk (h/t pgl) noted the decline in futures lumber prices. Joseph has argued that this won’t necessarily show up in actual prices paid by the consumer for a while. I don’t have retail prices, but I have the BLS measure one step removed from consumers, the PPI for lumber.
US Agriculture and the Global Economy
Some recent research from the agency Mr. Trump found too meddlesome, and Mr. Mulvaney tried to dispatch (i.e., the USDA’s Economic Research Service):
Oil Prices and Oil Futures
As of March 7th:
How Great Are Things for Wisconsin’s Farmers?
It was surprising to me to see a Wisconsin farmer singing the praises of Mr. Trump’s policies. From WPR:
The US-China Trade War/Soybean Front: Home before the (Next Batch of) Leaves Fall
On July 9, 2018, over two years ago, reader CoRev wrote:
Those of us arguing against the constant anti-tariff, anti-Trump dialogs have noted this will probably be a price blip lasting until US/Chinese negotiations end. We are on record saying the prices will be back approaching last year’s harvest season prices.
The Course of the (Ongoing) Trade War: Soybean Prices
As measured by near month futures:
The Relative Price of Soybeans vs. Grains, 2014-2019
Reader Ed Hanson insists I plot soybean prices from 2014 onward, instead of 2016, to show how factors other than tariffs affect soybean prices. I am happy to accommodate his request. I wonder why soybean prices suddenly deviate from grains overall, starting in March 2018.
Have All Agricultural Commodity Prices Behaved As Did Soybean Prices?
That’s what reader sammy asserts, trying to support the proposition that Chinese retaliatory tariffs on imports of US soybeans had no impact on US soybean prices.
… chart of soybean prices there are a number of other commodity price charts, such as copper, wheat, coffee etc. They are unaffected by the tariff war yet are remarkably similar to the soybean chart.