Articles tagged under: Global Commodity Analytics and Consulting
South American Weather Captures Trader’s Attention
Published November 13, 2020
Global Commodity Analytics and Consulting President Mike Zuzolo thinks South American weather has the attention of traders. "The trade is thinking they've rationed demand enough at this stage. The charts, technicals and algorithmic trading have taken over at this stage.…Traders Monitoring China Demand for U.S. Products
Published November 9, 2020
Global Commodity Analytics and Consulting President Mike Zuzolo says currency valuation will play a big role in how much Chinese demand is seen going forward. "China took a pretty big hit on their currency going into the election. Their buying…The Grain Markets Find Demand
Published July 31, 2020
Global Commodity Analytics and Consulting President Mike Zuzolo thinks the grains found demand, but it will take some time for that to work through the market. Technicals continue to control the market. "The charts, momentum and sentiment are in control,"…Nothing Bearish in Friday’s USDA Report
Published July 10, 2020
The USDA released its July World Agricultural Supply and Demand Estimate report on Friday. Global Commodity Analytics and Consulting President Mike Zuzolo says there was nothing bearish in the report. "The biggest thing that jumped out at me was that…World Numbers a Bright Spot in USDA Report
Published June 11, 2020
In Thursday's Supply and Demand report, the USDA didn’t change U.S. corn and soybean ending stocks much. Global Commodity Analytics and Consulting President Mike Zuzolo says world numbers were a bright spot. "Both corn and soybeans came in as a…Ethanol Demand Surprises Trade
Published May 12, 2020
An increase in ethanol demand in the USDA May Supply and Demand report surprised traders. "The markets didn't see the bear get fed in the U.S. figures," said Mike Zuzolo, president, Global Commodity Analytics and Consulting. "What really surprised me…Traders May Pay Closer Attention to U.S. Drought Monitor
Published May 8, 2020
The U.S. Drought Monitor isn't getting much attention from traders, but that could change. "We're looking at an expanded drought area for the high plains. It increased a few percentage points compared to last week and got into a deeper…All Roads Lead to COVID-19
Published April 24, 2020
The economic damage has been done by COVID-19. Global Commodity Analytics and Consulting president Mike Zuzolo does not expect a rapid turnaround once the economy is back up. "When it comes to hogs, the cold storage supplies and food supply…There’s a Story for Wheat and Corn
Published April 9, 2020
Reflecting on Thursday’s USDA World Agriculture Supply and Demand Estimate (WASDE) report, Global Commodity Analytics and Consulting President Mike Zuzolo says USDA didn’t give the seller a reason to add to his position. "Looking at wheat, if there's a stronger…