Market News

Commodity and industrial market news — prices, production, trade and regulation — with expert analysis

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| Metals & Mining

Gold returns above $4,400 an ounce as Fed expectations and central bank buying support prices

Gold moved back above $4,400 an ounce in August, supported by US inflation expectations, the outlook for Federal Reserve interest rates, central bank purchases and geopolitical tensions. The move gives traders and mining companies a fresh market signal, although the available source material provides no figures for purchase volumes or production.

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Thomas Reid
Senior Metals & Mining Analyst
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| Agriculture: Crops & Grains

Grain traders await USDA report as Argentina heads toward record wheat harvest

Grain markets are cautious before the USDA’s Aug. 12 supply-and-demand report, with US corn output and stocks among the main variables. Argentina’s wheat crop could exceed 20 million tonnes, while expected Brazilian imports may create additional export opportunities.

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Ana Lucia Fernandes
Senior Agricultural Commodities Analyst
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| Food & Beverages

Croatian retailers slash pork prices as farmers cut production

Croatian pork shoulder has fallen to €2.29 per kilogram as European oversupply and retail competition pressure domestic producers. Farmers report losses of about €50 per fattened pig, while Croatia’s pork self-sufficiency stands at roughly 50%.

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Isabella Romano
Lead Food & Beverage Analyst
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