CANE News and Press, Teucrium Sugar Fund ETV From 03/20/20

The price of nearby sugar futures on the Intercontinental Exchange reached a low of 10.68 cents per pound during the week of September 9, 2019. The price of sugar rose steadily throughout the final quarter of last year. In early February, sugar reached a peak of 15.90 cents, a rise of 48.9%. D...

On Tuesday, March 10, the US Department of Agriculture released its March World Agricultural Supply and Demand Estimates report. The monthly WASDE is the gold-standard when it comes to fundamental data on grains and other agricultural markets. As we move into the spring season in the United St...

Petrobras (NYSE: PBR ) has cut gasoline prices in Brazil by 9.5% and diesel prices by 6.5%, the first cuts since this week's oil price collapse. More news on: Petróleo Brasileiro S.A. - Petrobras, Teucrium Commodity Trust - Teucrium Sugar Fund, iPath Bloomberg Sugar Subindex Total R...

By Dimitry Dayen, CFA and Jeffrey Schulze, CFA In a flashback to the 2014 Thanksgiving massacre, the OPEC+ deal to further cut crude oil production was blocked last week by Russia, which refused to cut its own production significantly under an ultimatum from Saudi Arabia. Saudi Aramco init...

Over recent months the price of world sugar that trades on the Intercontinental Exchange has been trending higher. Brazil is the world's leading producer and exporter of the soft commodity. While the ICE futures use the US dollar as a pricing mechanism for sugar, local production costs are in ...

Investment Thesis Sugar is one of the most volatile commodities traded in the futures market. This sweet commodity has started the new year on a high, with a price of $0.14 per pound. This has not been the case for the sweet commodity. Since the 1960s sugar has had low prices, as low as $0...

On Tuesday, February 11, at noon EST, the US Department of Agriculture will release its second World Agricultural Supply and Demand Estimates report of the year. The February WASDE will set the state for the 2020 planting season, which commences in late March and April. The monthly WASDE rep...

In my previous commentary, I focused on the sugar beet outlook and how a reported increase in Russian beet production it would likely act as a near-term drag on prices. Sugar futures prices have more or less been trending sideways in a narrowing range since around the middle of January, but ...

Brazil is the most populous nation in South America, with the continent's leading GDP. Brazil's climate and geography make the country a supermarket to the world when it comes to raw materials and agricultural products. The Brazilian economy is highly sensitive to commodity prices as it is t...

Since sugar began trading in the futures market in 1971, the price of the sweet commodity has traded in a range from 2.29 to 66 cents per pound. Over the past ten years, the trading back narrowed to 9.83 cents to 36.08 cents. The low came in September 2018, and the high in 2011, when many othe...