Here is whats going on in the agriculture industry this week…
The first article we have is from January 22nd, 2020. The The article is a chart of changes in the stock market prices from the business section of The Daily Times.
Here are the results:
Fuels:
- Crude oil (bbl) – decreased $0.50
- Ethanol (gal) – decreased $0.59
- Heating oil (gal) – decreased $1.61
- Natural gas (mm btu) – decreased $5.39
- Unleaded gas (gal) – decreased $0.25
Agriculture:
- Cattle (lb) – increased $0.02
- Coffee (lb) – decreased $0.96
- Corn (bu) – decreased $0.45
- Cotton (lb) – decreased $2.82
- Lumber (1,000 bd ft) – decreased $1.35
- Orange juice (lb) – increased $0.79
- Soybeans (bu) – decreased $1.48
- Wheat (bu) – increased $1.93
Metals:
- Gold (oz) – decreased $0.15
- Silver (oz) – decreased $1.45
- Platinum (oz) – decreased $1.71
- Copper (lb) – decreased $1.79
- Palladium (oz) – increased $0.35
Our second article is also a chart about changes in stock market prices from January 23rd, 2020.
Here are the results:
Fuels:
- Crude oil (bbl) – decreased $2.81
- Ethanol (gal) – decreased $1.19
- Heating oil (gal) – decreased $1.59
- Natural gas (mm btu) – increased $0.53
- Unleaded gas (gal) – decreased $3.48
Agriculture:
- Cattle (lb) – decreased $0.16
- Coffee (lb) – decreased $0.09
- Corn (bu) – increased $0.32
- Cotton (lb) – increased $2.73
- Lumber (1,000 bd ft) – increased $0.09
- Orange juice (lb) – increased $0.52
- Soybeans (bu) – decreased $0.25
- Wheat (bu) – decreased $0.64
Metals:
- Gold (oz) – decreased $0.07
- Silver (oz) – Increased $0.11
- Platinum (oz) – increased $1.38
- Copper (lb) – decreased $1.13
- Palladium (oz) – increased $4.58
In conclusion, from looking at both of these charts we can tell that most of our trade products continue to decrease in price.
Agriculture Blog 