Global Steel Prices Continue to Dip $

This isn’t a perfect science, but one can take a look at the global composite carbon steel price index and see what’s happening to the broadest measure of industrial metals demand.

This isn’t a perfect science, but one can take a look at the global composite carbon steel price index and see what’s happening to the broadest measure of industrial metals demand.

The USDA issued a preliminary report on the wheat crop condition in the United States. The report showed that the quality and condition of the wheat crop has worsened as a cold snap is hitting the Midwest. Conditions in Kansas, Oklahoma, and Texas have worsened of late as a result of this cold snap. A [...]

Brent North Sea Crude continues to fall, nearing the $100 per barrel mark. That seems like a significant drop, and it is. But we wanted to put it into perspective for you. The chart at right from CNBC shows the price of the Brent contract (per barrel) since April of 2010. What we see is [...]

Cement might as well be gold in places like Saudi Arabia and across many sectors in Asia. The Saudi King will invest hundreds of millions of dollars in creating new cement production facilities in what they are calling a “crisis” of supply in the country. The King has also authorized the importation of more than [...]

Brent North Sea Crude is just behaving so oddly of late. Last week we saw a number of indicators that would suggest that it could be headed back up. But this week, despite the geopolitical tensions around the world, we are seeing investors

The S&P GSCI commodities indexes show us the relative strength or weakness of the industrial metals trade around the world. Looking at the performance of industrial metals since the beginning of the year, we can quickly see that the entire complex is struggling under the global economic uncertainty around the world. Every metric in this [...]

The threat of global economic weakness has pushed crude oil prices down. West Texas Intermediate as fallen to 92.48 a barrel, not quite the drop that we have seen in Brent North Sea Crude, which was trading at $105.69 earlier today. This is the narrowest gap in the WTI/Brent trade in well over a couple [...]

Now that we are seeing some interesting investment by businesses in technology and new innovative products, we may run some of them from time to time. A source of ours made us aware of the item in the picture to the right, the Concrete Canvas Shelter. A short 2:30 video gives you an idea of [...]

In the farming community, a daily drop that hits the Chicago Board of Trade’s daily limit is considered to be a “plummet”. We reported to you last week that acres planted by farmers for corn and soybeans are going to hit some highs not seen since the bumper plantings in the 1930′s. Following up on [...]

We keep tabs on the global situation for food prices. The US military believes that the price of food on a global basis can be one of the greatest sources of unrest and conflict. From an economic perspective, US consumers spend about 13% of their household income on food (including eating out). Other countries that [...]