During the month of October, Metals (+3.30%) and Livestock (+2.65%) were the top performers. The bottom performers were Grains (-3.63%) and Interest Rates (-3.58%). The Bearish performance in Grains (-3.63%) was led by Soybean Meal (-13.01%) and Soybeans (-7.51%). The Bullish performance in the Metals (+3.30%) sector was led by…

Commodities: Global   OPEC Oil Production Averaged 26.1 million barrels per day (mbpd) during September as Russian production declined to its monthly target, reaching just under 9.0 mbpd.  However, its exports increased to 3.3 mbpd as Pacific flows rebounded.  Libyan oil exports were set to resume as the standoff between…

War: Ukraine-Russia and Israel-Iran   Ukraine Lost More Eastern Territory but continued to inflict strategic losses on Russian ammunition supplies, oil refineries and fuel storage facilities.  Russian armored vehicle depots continued to deplete at rapid rates and Putin ordered a new mobilization to increase the military by 180,000 soldiers to…

During the month of September, Grains (+9.12%) and Metals (+5.90%) were the top performers. The only two negative performers were Energy (-0.80%) and S&P GSCI (-0.72%). The Bearish performance in Energy (-0.80%) was led by Reformulated Gas (-7.55%) and Light Sweet Crude (-7.31%).  The bullish performance in the Grains (+9.12%)…