Energy/Misc-As of last Friday, total U.S. natural gas inventories were 14.1 percent lower than last year–but still 15.8 percent above the five-year average.
Produce-The various onion markets remain below year ago levels.
The USDA surprised many earlier this month with its sharp reductions in 2015 and 2016 forecasts for turkey output. Buyers were dealt more discouraging news… Read on
According to the USDA, March 31 U.S. pork-belly holdings were a whopping 68 (think: L.C. Greenwood… homer call, we know) percent less than the prior year and a record low for the month. This… Read on
Arabica coffee futures have been range-bound since October, but continue to hold support at $1.11. This chart also suggest a triple bottom, a technically bullish chart formation, could be developing for coffee.
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