Hey All,
We are closing in on the year and we are bringing you a roundup of China’s trades and alternative routes for their raw materials demand. With the Trump administration set to hold another round of trade talks with the Chinese government, a long-lasting agreement by the G2 nations is required to avoid a global economic downturn.
We’re ¾ of the way through the year of the pig and have exciting news: The McRib is back!
Data is the new commodity. Commodity data companies are rushing into data as a commodity space to commoditize their data commodities.
Coming up on the 10 year anniversary of the passing of Norman Borlaug, the father of the Green Revolution, we’re talking about an exciting and cheery topic today: Diseases set to wipe out entire species of plants and animals and potentially bring about the collapse of human civilization!
Privatization and pricing of water resources is likely one of the touchiest subjects today, second maybe to scooters. But we’re doing it.
There’s been a lot in the major news related to uranium recently, most notably last week when a man in Oklahoma was pulled over by police in a stolen car filled with a rattlesnake, an open bottle of whiskey, and a canister of uranium
We at PanXchange will relish the opportunity to ketchup about more serious commodities at a later date.
The end of an era happened last week. LME’s “The Ring” — one of the last remaining face-to face trading floors announced traders will no longer be able to drink alcohol during working hours. The three most notable old school facets of commodity trading are a physical floor trading, suit and tie, and liquid lunches….And this is what the LME took first.
It’s crunch time for planting decisions. Today is the last day for corn prevented planting filings – a range of options on crop insurance that gives payouts for not planting the full, normal crop – for the corn belt. CBOT corn futures rallied this week to break-out levels as corn acres planted as of last week came in well below both last year and the 5-year average. And now the fall army worm could decimate crops in China.
One of our favorite images we’ve used when pitching technology in agriculture is monitors mounted in combines as farmers till and harvest showing board futures prices and basis prices at local elevators. Well 2019 farmers are taking it to a whole new level.