Trade Mark

05-27-2017: Sugar Prices Are Collapsing

Sugar prices are collapsing. Oversupply from overproduction in the world's number one sugar producer, Brazil, was encouraged by a rally in prices in 2016. Now exports from there are heavy due to lower currency valuation making Brazil's exports competitive, but also there is competition from more efficient European beet farmers pressuring sugar cane plantations everywhere. Tariffs keep sugar imports out of places like China and India.

The weather looks drier for the next few weeks in Brazil encouraging harvests there. Analysts are lining up to declare sugar prices must go lower. Competition is fierce and demand mild. 

Our recent article on World Sugar is in the Archives Section below.

05-26-2017: Some Commodities We Haven't Currently Reviewed

How do we pick a commodity for review? Here are technical strength or weakness ratings for 5/26 on the other major commodities not being currently being reviewed or traded on this site. To pick the commodity for our next review, Zenith will usually refer to such a list and pick the commodity which has one of either positive or negative highest or lowest scores. Commodities currently under review on our list of about 18 on this site are not shown below. It's just a way of keeping track of what else is going with other commodities.

Jul  Soybeans          -100
Jul  Soybean Meal      -100
Jul  Sugar #11         -100
Jun  U.S. Dollar Index  -88
Jul  Cocoa              -72
Jul  Orange Juice       -72
Jul  Cotton             -56
Jul  Gasoline           -48
Aug  Crude Oil          -48
Jul  Hi-Grade Copper    -40
Jul  Kansas Wheat       -32
Jul  Heating Oil        -24
Jun  Australian Dollar  -24
Jun  Mexican Peso        96
Jul  Rough Rice          96
Jun  Swiss Franc         96
Jun  Euro Currency       88
Jun  Treasury Notes      80
Sep  Eurodollars         64
Jun  Canadian Dollar     16
Jun  Japanese Yen         8
Jun  British Pound        0
This is not a regularly-updated feature. The ratings are good only for date shown, and rapidly change each day, whereas we review the list only periodically. Once a commodity appears on our list of articles and is being currently traded, we consider its long-term direction has been established and trade consistently from that direction wtihout worrying about day-to-day changes. Granted, that's not how most other futures sites work nor how we trade stocks; but we have found it to be effective for commodities to trade that way.

Archive List

05-27-2017: July World Sugar: Oversupply, Soft Demand, and Currency Problems

04-20-2017: August Feeder Cattle: Rallying Out of Depressed Era

04-14-2017: June Gold: Geopolitical Tensions

04-08-2017: May Ethanol: Losing Government Support

04-03-2017: May Lumber: Fears of a Border Adjustment Tax

03-28-2017: June Palladium: China Toughens Air Pollution Standards

03-22-2017: May Soybean Oil: Big South American Soybean Crop

03-15-2017: June Treeasury Bonds: Waiting for Interest Rate Rise

03-08-2017: May Coffee: Ending Dryness in Brazil

02-28-2017: May Silver: Outperforms Gold

02-22-2017: April Natural Gas: Lots In Storage

02-18-2017: March NASDAQ 100 Index: Up, Up, and Away

02-15-2017: April Lean Hogs: Mexican Trade Issue

02-08-2017: April Platinum: Catch-Up to Gold

02-04-2017: March Corn: Trade War with Mexico?

01-31-2017: March S&P 500 Index: Trade Wars Coming

01-25-2017: March Oats: Bad Weather in Canada

01-21-2017: March Soybean Meal: Inclement Argentine Weather

01-18-2017: April Live Cattle: Weather vs. Boxed Beef Free Fall

01-14-2017: February Milk Cl. III: Canadian Protectionism Seen


Updated once a week (usually on Saturdays) unless the preceding week had less than five trading days.
Buy and sell prices are averaged where multiple contracts are involved, which is why they may not fall on an exchange tick increment.

Oats contracts involved a roll forward from May to July which is why initial price there does not agree with previously reported.

All Commodities Trades 04/03/2017 - 05/25/2017:

 # Commodity           BS    Buy   Sell   Last    Gain Intended  Rough   Group
                                                 (Loss)    Risk Percent

 4 Jun Ethanol          C 143.60 162.40 149.80 $ 21,688  14,964   5.6% Energies
11 Jul Soybean Oil      C  31.61  31.96  32.04 $  1,980  14,916  16.7% Grains  
13 Jul Corn             C 363.90 377.40 369.20 $  8,385  14,950  16.7% Grains  
15 Jun Milk Cl.III      C  15.23  16.55  16.60 $ 39,150  14,700   5.5% Dairy   
 4 Aug Feeder Cattle    C 140.44 162.85 151.12 $ 44,700  14,980  16.8% Meats   
 2 Jun Gold             C 128.05 121.43 125.64 $-13,300  13,240  21.8% Prec Met
10 Jun Lean Hogs        C  68.65  80.75  80.95 $ 48,100  14,960  16.8% Meats   
 3 Jul Coffee "C"       C 127.80 137.20 129.30 $ 10,485  14,850   5.6% Softs   
 4 Jul Lumber           L 353.10        353.00 $   -164  14,960   5.6% Lumber  
 7 Jun Live Cattle      C 114.89 134.50 123.93 $ 54,698  14,980  16.8% Meats   
 3 Jun NASDAQ 100 E-Min C 549.30 577.20 578.20 $ 16,650  15,000  11.2% Stock Id
19 Jul Natural Gas Mini S         34.92  32.75 $  9,738  14,915   5.6% Nat Gas 
16 Jul Oats             C 217.00 238.20 242.00 $ 16,480  14,800  16.7% Grains  
 3 Jun Palladium        L 751.50        769.00 $  5,160  15,000  21.8% Prec Met
 5 Jul Platinum         C  97.02  97.12  95.29 $    100  14,975  21.8% Prec Met
 3 Jul Silver Mini      C  17.85  18.00  17.19 $  1,035  14,925  21.8% Prec Met
 2 Jun S & P 500 E-Mini C 236.14 240.88 241.34 $  4,680  14,990  11.2% Stock Id
 3 Jun Treasury Bonds   S        153.51 153.27 $    630  14,970   5.6% Finance 

            Adjustment for Open Positions: -($   15,364)
Other Gains/-Losses This Reporting Period:   $  155,950 ***
 *** For Contracts Closed or Rolled Forward  __________
Total for all Trades:                        $  410,781

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Trading in commodities involves substantial risk and past performance is no guarantee of future profits.  Zenith does not sell advice nor does it manage discretionary accounts other than its own. Readers should be aware of the vested interest that all traders/brokers have in encouraging other traders to make the same transactions.  No one should follow investment advice blindly.  This web site should be used only as a "sounding board" for confirming one's own opinion.  Any suggested order placements should be reviewed and reset to fit current market conditions by individual traders.

Recommendations may include trades which have already been made on the same or a previous day, otherwise the issue is placed on a "watch list." Suggested trades are based upon an approximate maximum $15,000 capitalization requirement per trade, depending upon initial contract margin requirements.  Zenith's actual trades may be larger.  $22 per round turn for futures is deducted from profit figures.   Commodity option trade recommendations are not tracked, but performance should parallel that of the underlying commodity's.

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