- Key events to watch
- Key currency views for the week
May 18th 2024
- Dow Breaks 40K, Dollar Struggles
- High-Beta Currencies Strong But Aussie Lags
- Copper hits new record, Gold to follow?
- EUR/CHF Weekly Outlook
At the Chicago Mercantile Exchange, live and feeder cattle were up, supported by cash and wholesale business.
The “everything rally” has been in full swing.
Certainly as the price chart from the Federal Reserve presentation at the 2024 Top Producer Summit shows, the best we could see for 2024 would be a minor profit (soybeans) or a slight loss (corn). Breakeven was the catch phrase that caught my attention. (Farm Journal, Chart Source: USDA, Haver Analytics and CME)
- What's A Canadian Investor To Do?