What has been moving that many are not aware of?
Food prices.
According to the CME Group Agriculture report, year-to-date performance for grains and oilseeds has been appreciating. Grains like rice, which we eat, and wheat, used for bread, are up by 25% and 14%, respectively. Meanwhile, soybeans, soybean oil, and soybean meal—which are used for cooking, biodiesel, and animal feed—are up by 37%, 4%, and 1%.
Chicago SRW Wheat Futures & Options
Ticker: ZW
Minimum fluctuation:
1/4 of one cent (0.0025) per bushel = $12.50
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs tradingview.com/cme/
Food prices.
According to the CME Group Agriculture report, year-to-date performance for grains and oilseeds has been appreciating. Grains like rice, which we eat, and wheat, used for bread, are up by 25% and 14%, respectively. Meanwhile, soybeans, soybean oil, and soybean meal—which are used for cooking, biodiesel, and animal feed—are up by 37%, 4%, and 1%.
Chicago SRW Wheat Futures & Options
Ticker: ZW
Minimum fluctuation:
1/4 of one cent (0.0025) per bushel = $12.50
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs tradingview.com/cme/
konhow@weipedia.com
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
konhow@weipedia.com
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.