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Commodity Compass - 4/28 - Copper Supply Declines and a New World Screwworm Threatens the Cattle Market

Commodity Compass - 4/28 - Copper Supply Declines and a New World Screwworm Threatens the Cattle Market

Published 1 year, 1 month ago
Description

We walk through the weekly pricing action in the commodity market. Gold takes a breather as the US Dollar finds support. Data from the Shanghai Futures Exchange pointed to a record decline in copper inventories in China. Its an important week with major oil producers reporting quarterlies. US LNG shipments to China have crashed. And a new parasite has the USDA concerned to the point of requiring Mexican cooperation.

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