Invesco DB Agriculture Fund
Strong Resistance Pushed Corn Prices Lower
March corn futures prices were trading near the crucial resistance level of 370 cents per bushel on January 21, 2016.
Why are crop prices so important to potash and phosphate stocks?
Crop price is one of the key drivers of fertilizer demand and prices. Globally, potash and phosphate are used for several types of crops.
FOMC on the Economic Situation: A Strong US Economy
In the March meeting minutes, the FOMC staff review of the economy was stronger than the review presented at the January meeting.
What’s Driving the Rally in Commodities?
The US Federal Reserve recently raised the benchmark lending rate by 25 basis points—the sixth hike since December 2015.
What Rising Services Activity Means for the US Economy
After reaching a lifetime high in October 2017, the ISM (Institute of Supply Management) non-manufacturing index fell 2.7 percentage points to 57.4%.
Can Green Bonds Provide a Potential Hedge against Climate Risk?
In this environment, green bonds could offer investors an option to hedge their portfolios against climate-related risk and enjoy a good risk-return profile.
Deere’s Financial Unit Continues to Bleed from Used Equipment
Deere (DE) Financial Services represented 11.5% of the company’s revenues in 4Q16, which is higher than 9.7% in 4Q15.
What Do Wall Street Analysts Think about Deere?
The consensus rating among Bloomberg-listed analysts covering Deere & Company has leaned more towards a “neutral” rating since the beginning of 2016.
AGCO Acquires Cimbria, Expands in Seed and Grain Handling
On June 29, AGCO (AGCO) announced that it acquired Cimbria Holdings from Silverfleet Capital for 310 million euros ($340 million).
Understanding the Key Economic Indicators in Construction and Energy
Deere (DE) now expects its Construction & Forestry segmental sales to drop 13% in fiscal 2016, as compared to its previous forecast of an 11% decline.
What Trends Are Driving Deere & Company’s Industry?
Agribusinesses including Deere & Company and AGCO are now offering technology-based solutions to drive the next generation of farming productivity gains.
How Deere’s Margins Differ across Key Geographical Markets
The US and Canada regions were responsible for 63.9%, 63%, and 66.1% of Deere & Company’s (DE) total revenues in 2013, 2014, and 2015, respectively.
Deere: The World’s Largest Agriculture Machinery Company
Deere & Company (DE) has a market capitalization of ~$25 billion. It’s the world’s largest maker of farm equipment.
Why Did Corn Prices Trade near the Crucial Resistance of $3.6?
Corn futures prices rose for the third consecutive trading day on March 8, 2016. It was trading near the resistance level of $3.60 per bushel on the day.
Corn Traded below Crucial Moving Averages for 12th Straight Day
Corn futures prices rose by 1.3% during the four straight days of increasing price movement.
Why Corn Prices Might Rise above the $3.55 Support Level
March corn prices were trading near the crucial support of $3.55 per bushel for the seventh consecutive trading day on March 4.
What Are Analyst Expectations for Corn Prices?
Corn prices for March 2016 expiry traded near the crucial support of 355 cents per bushel on March 2, 2016.
Corn Prices Could Continue to Test Crucial Support
March 2016 corn futures prices were trading near the support level of 355 cents per bushel on March 3, 2016. Prices declined after two days of rising by 0.28%.
Corn Breached the Crucial Support Level: What Does It Mean?
Corn prices for March 2016 expiry were trading near the support of $3.55 per bushel on February 25, 2016. The prices fell for the third trading day by 3.3%.
Corn Prices Shift to Downward Trend
Corn futures prices for March delivery were trading below the crucial support level of 350 cents per bushel on January 4, 2016.
Corn Prices Are below Key Moving Averages
March corn futures prices were trading below the key support level of 370 cents per bushel on December 16, 2015.
How Can Corn Prices Rally Above $4 Per Bushel?
December contracts for corn futures trading on the Chicago Board of Trade (or CBOT) rose on October 26, 2015, and progressed on the upward price pattern.
The October 9 WASDE Report and Its Impact on Corn Prices
Producers’ expectations—that the price of corn will rise after the October supply report—might come to fruition, confirming consensus market sentiments.
Will Corn Prices Be Range-Bound before WASDE Report Release?
On October 6, 2015, CBOT (Chicago Board of Trade) December expiry of corn futures contracts rose, breaking the resistance level.
Will a ~100% rise in RIN prices help fertilizer stocks like MOS?
If RIN prices rise, investors could expect higher demand for corn and prices, which is one factor that might drive fertilizer stocks.
Corn prices rebound after a record harvest sent prices 50% lower
After a record harvest in 2013, driven by high plantation acreage, favorable weather, and fertilizer application, crop prices have pulled back from the highs of 2012.