It was a risk-off day in both commodity futures and financials. Investors like the likely outcome of the election, especially if a President-elect Biden and a continued Republican Senate play quasi-nice enough with each other to get another stimulus package written. There is still uncertainty, but less than there was two days ago. It is easier to sell the risk-off story in agriculture since the fundamental supply/demand balance is bullishly supportive:
Global food prices have moved higher for five straight months. Demand is strong at the same time weather is worrisome. The U.S. dollar continues to be weak, having lost 10 percent of its relative value since April.
The question is whether post-election the Chinese would still be buyin...
The magpie goose (Anseranas semipalmata) is the sole living representative species of the family Anseranatidae. This waterbird is found in northern Australia and southern New Guinea.[2] The species is not truly migratory but it sometimes travels large distances to find food and water, especiall...
The common ostrich (Struthio camelus), or simply ostrich, is a species of flightless bird native to certain areas of Africa (and historically, Arabia) and is the largest living species of bird. The common ostrich is one of two extant species of ostriches, the only living members of the genus St...
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A pika (/ˈpaɪkə, ˈpiːkə/ PY-kə, PEE-kə[3][4]) is a small, mountain-dwelling mammal native to Asia and North America. With short limbs, a very round body, an even coat of fur, and no external tail, they resemble their close relative the rabbit, but with short, rounded ears.[5] The large-eared pi...
