During the month of May, Livestock (+1.72%) and Indices (+1.19%) were the top performers. The bottom performers were Metals (-6.53%) and Energy (-5.50%). After a strong finish in April carried over to the beginning of May, the markets came to a slow as investors held back while talks on the…

Commodities: Global   OPEC Oil Production Fell in April by about 0.2 million barrels per day (mbpd) to 28.6 mbpd due to a halt in Iraqi and Nigerian exports with more declines expected in May due to the lower quotas announced in April.  Iran’s oil minister said that their production…

Ukraine:  Winter & Sanctions Impact   The Ukraine-Russia Conflict ground on as Russia’s larger numbers weighed on Ukrainian defenders.  Leaked US intelligence documents indicated Russia suffered 100,000 casualties and 20,000 deaths this year so far, about 30% of the additional called-up forces over the last six months or so.  The…

During the month of April, Livestock (+6.86%) and Interest Rates (+5.36%) were the top performers. April also marked a third consecutive winning month for Crytpo (+2.70%) and back to back winning months for Indices (+1.19%). Grains (-7.04%), were Aprils only negative sector. The selloff in Grains (-7.04%) began in mid…