I hear a lot about “records”. Not so remarkable in levels, but very remarkable in growth rates.
Category Archives: commodities
Energy Futures and Future Energy Prices
The IMF blog (Andrea Pescatori, Martin Stuermer, and Nico Valckx) predicts: “Surging Energy Prices May Not Ease Until Next Year”.
Lumber Futures As Predictors
In assessing market views on future lumber prices, reader JohnH writes:
Futures markets aren’t foreseeing a decline in lumber prices any time soon.
https://www.barchart.com/futures/quotes/LS*0/futures-prices
Real Lumber Prices
PPI indicates they are down:
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.