NIB News and Press, iPath Bloomberg Cocoa Subindex Total Return SM IndexETN From 08/10/20

Why have so many commodities seen their most bullish breakout in years? One reason is that the US keeps printing money, so the dollar weakens. This means that some price movements, such as the explosive move in gold and silver prices, could be attributed to a “flight to safety.” ...

Cocoa beans are the primary ingredient in the chocolate confectionery enjoyed by people worldwide. Cocoa beans require a tropical climate and tend to thrive in countries close to the equator. The West African nations of the Ivory Coast and Ghana produce over 60% of the world’s supplie...

The demand for cocoa continues to rise worldwide. The global population increases by around 20 million each quarter or 80 million people each year, expanding the addressable market for chocolate. Chocolate is a treat that transcends national borders, political ideology, and the other factors t...

In the chart below, we show the year-to-date performance through last Friday of several different commodities. Fitting for a year with a pandemic ravaging the globe, vitamin C is in demand as orange juice is actually the top performing commodity year to date with a gain of 33.6%. Behind OJ, ...

On Thursday, June 11, the United States Department of Agriculture will release its June World Agricultural Supply and Demand Estimates report. The monthly WASDE is the gold standard when it comes to fundamental data for the agricultural futures markets. Volatility in the futures arena tends to...

On Tuesday, May 12, the US Department of Agriculture released its May World Agricultural Supply and Demand Estimates report. The monthly WASDE is the gold standard when it comes to US and global fundamentals for the commodities that grow in the fertile plains of the US and around the globe. ...

On April 22, I explained that cocoa futures were searching for a bottom. In that piece, I suggested that the odds favored a higher low and continuation of the bullish trend in the soft commodity. Cocoa beans are the primary ingredient in the chocolate confectionery products enjoyed by ...

On Tuesday, May 12, at noon EST, the US Department of Agriculture will release its May World Agricultural Supply and Demand Estimates report. The WASDE report is the gold standard for the agricultural markets as it outlines data on US and global inventories and exports. Each year is always a...

First, it was toilet paper and paper towels, and now it is beef, pork, and other animal proteins. Since the end of February, a combination of hoarding and bottlenecks in the supply chain has been making supermarkets in the United States, and other parts of the world operate a lot like Russia d...

Investors recently piled into funds that try to provide direct exposure to the price of oil: Source: Reddit Most commodity ETFs own contracts for future delivery, not the physical commodity itself. Future contracts expire every month or so and funds then have to trade into new contrac...