The Commodities Category

Crop Update for the 2018–2019 Season

GMO

Spend Matters welcomes this guest post from Verity Michie, market analyst at Mintec.

Last week the U.S. Department of Agriculture released the new agricultural crop fundamentals for the upcoming 2018–2019 season, and there have been some surprising results. At the end of April, there was news that shook the commodities markets following adverse cold and wet weather conditions in the U.S. throughout the first five months of 2018. Reports said that less than half of the 2018–2019 season spring crops had been planted compared to the average size of plantings for the past five years. Now that we have the official USDA figures, let’s see the influence that the weather has had on the upcoming season.

Commodities Roundup: Steel Momentum, Copper and Rising Oil Prices

oil oversupply OPEC

For the buyers and category managers out there, especially those of you deep in the weeds of buying and managing commodities, here’s a quick rundown of news and thoughts from particular commodity markets. From price movements to policy decisions, our MetalMiner editors scour the landscape for what mattered this week.

30 Under 30 Supply Chain Star Steven Clowney Shares His Top Advice for Young Professionals

Now a global commodity manager at AGCO Corporation, Steven Clowney has worked at a plethora of big-name companies, from Coca-Cola and Kellogg to Best Buy and Target, and made a name for himself as well. At Best Buy, Clowney identified $1 million in parcel shipping costs avoidance, and his leadership of strategic sourcing activities at National DCP resulted in $4.5 million in annual cost savings.

Commodities Roundup: Developing European Lithium, Cobalt Supply Chains Under the Microscope

For the buyers and category managers out there, especially those of you deep in the weeds of buying and managing commodities, here’s a quick rundown of news and thoughts from particular commodity markets. From price movements to policy decisions, our MetalMiner editors scoured the landscape for what mattered this week.

Commodities Roundup: Trade Trip in Beijing, Section 232 Exemptions and Nickel Prices

For the buyers and category managers out there, especially those of you deep in the weeds of buying and managing commodities, here’s a quick rundown of news and thoughts from particular commodity markets. From price movements to policy decisions, our MetalMiner editors scour the landscape for what mattered this week.

Peanut Prices Surge Amid Concerns Over Supplies From Argentina

Spend Matters welcomes this guest post from Jara Zicha, market analyst at Mintec.

The peanut market has seen an uptick in pricing lately, caused by the severe drought Argentina has been experiencing, which has also had an impact on other major crops, as reported in our previous post. Prices for Argentinian peanuts delivered to Rotterdam have increased from $1.26 per kg in February to $1.49 per kg in mid-April, up 18%, quickly approaching levels seen last year when prices were in a free-fall slide due to large global supplies.

Commodities Roundup: Steel Tops Out, A Wild Month for Aluminum

For the buyers and category managers out there, especially those of you deep in the weeds of buying and managing commodities, here’s a quick rundown of news and thoughts from particular commodity markets. From price movements to policy decisions, our MetalMiner editors scour the landscape for what mattered this week.

Commodities Roundup: KORUS to be Revamped, E.U. Calls Section 232 ‘Bluff’

trade

For the buyers and category managers out there, especially those of you deep in the weeds of buying and managing commodities, here’s a quick rundown of news and thoughts from particular commodity markets. From price movements to policy decisions, our MetalMiner editors scour the landscape for what mattered this week.

Commodities Roundup: LME Copper and Aluminum Fall, U.S. National Average Gas Price Hits 2018 High

For the buyers and category managers out there, especially those of you deep in the weeds of buying and managing commodities, here’s a quick rundown of news and thoughts from particular commodity markets. From price movements to policy decisions, our MetalMiner editors scour the landscape for what mattered this week.

Cocoa Prices Shoot Up Almost 40%

Spend Matters welcomes this guest post from Corrina Hutchings, senior market analyst at Mintec. 

Chocolate is generally a hot topic, and with only a couple of months between Christmas, Valentine’s Day and Easter, homes across the U.S. are likely to have stockpiles. Since the start of 2018, the price of cocoa beans has been increasing rapidly and does not look like it will settle soon. Prices on the ICE NY US are up 39% since the start of 2018 and 25% year-over-year, close to those prices seen throughout 2015/2016

Commodities Roundup: DRC Rips Up 2002 Mining Charter, Neodymium Market Falling Short of Demand

mining

For the buyers and category managers out there, especially those deep in the weeds of buying and managing commodities, here’s a quick rundown of news and thoughts from particular commodity markets. From price movements to policy decisions, our MetalMiner editors scour the landscape for what mattered this week.

Commodities Roundup: March in Review, U.S. Steel Imports Down and Copper Cools

For the buyers and category managers out there, especially those of you deep in the weeds of buying and managing commodities, here’s a quick rundown of news and thoughts from particular commodity markets. From price movements to policy decisions, our MetalMiner editors scour the landscape for what mattered this week.