I am modestly bullish grains in 2011, although I do not foresee gains to the extent seen in 2010. The S&PGS grains index rallied roughly 50% over H210 following a slew of disappointing harvests in the northern hemisphere. In particular, downgrades to Russian wheat and US corn production were the key drivers over recent months…. [Read more]
Dear Diary, I went to the World Commodities Week conference yesterday, which focused on China. There were some important points to take away: Growth The survival of the leadership in China is based on delivering growth. As such, while China will slow in 2011 (though not below 7%), it will likely rebound in 2012 before… [Read more]
This week Mark Schaltuper is joined by Cedric Chehab, Head of Commodities Research at BMI, to discuss the outlook for the commodity complex. With macroeconomic headwinds in the making, how will cyclical commodities perform relative to grains and softs, and what are the risks of gold forming a bubble?
