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Record-breaking summer heat set to spark commodities volatility

Record-breaking summer heat set to spark commodities volatility
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Traders are bracing for a record-smashing summer that will shake up commodities

Prices for some of the worlds most vital commodities — natural gas, power and staple crops like wheat and soy — are climbing.

United statesRhine riverNetherlands generalRed seaDjibouti generalSan franciscoUnited kingdomRepublic ofSuez canalAs suwaysSean kellyGary cunninghamEdward morseJennifer francisAkshay kumar singhJoe biden

Traders Are Bracing for a Record-Smashing Summer That Will Roil Commodities

(Bloomberg) Around the world, people are already living through the havoc brought on by global temperatures that are breaking records. It’s about to get a lot worse. Most Read from BloombergWorld’s Largest Nuclear Plant Sits Idle While Energy Needs Soar‘Not Gonna Be Pretty:’ Covid-Era Homebuyers Face Huge Rate JumpWarning Signals Are Flashing for Homeowners in Texas and FloridaInsurers Sink as UnitedHealth Sees ‘Disturbance’ in MedicaidAmerican Air Fired Commercial Head After Sales Strategy A

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Wheat Scoop: Putting Kernels to the Test

The journey from a potential genetic cross to the latest released whe

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USDA Crop Progress: Corn 70% Planted, Soybeans 52% Planted as of May 19

Nationwide, corn planting reached 70% complete, and soybean planting reached 52% as of Sunday, May 19. Winter wheat conditions were rated 49% good to excellent, down from the previous week.

United statesNorth dakotaJohn baranickAnthony grederNational crop progress summaryNational ag statistics serviceNational crop condition summaryWheat quality councilWinter wheatCorn beltMeteorologist johnNorthern plainsCanadian prairiesGulf coastCrop progressVery poor