commodities

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A place to chat about commodities - energy, grains, metals, meats, softs, even digital commodities 🔥

Top 30 Renewable Energy Companies By Market Cap & critical minerals outlooks for Nickel & Copper

Credit: MiningVisuals
🌽Hedge funds are currently holding the highest number of short positions in US corn futures on record🌽

-driven by expectations of increased supply and weak demand affecting prices- Bloomberg

The report cites data from the Commodity Futures Trading Commission as showing that hedge funds and other money managers have increased their short-only holdings in Chicago corn futures and options, surpassing the previous record set in 2019.

The net position is bearish by some 353,983 contracts, according to the CFTC data, the highest level seen since records began in 2006, suggesting that hedge funds are positioning themselves to potentially benefit from continued weakness in the market amid abundant supplies and tepid demand.

Credit: Hedgeweek
In Q1 2024, these silver miners produced over 86 million ounces of silver. To visualize this, it would only represent a cube by 6 meters.

The silver market is forecast to remain in a deficit in 2024, marking the fourth consecutive year of a structural market deficit.

Credit: MiningVisuals
Gold
Silver
Copper

Credit: Mining Visuals
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