India’s Prime Minister called on the nation to work from home, travel less, and conserve fuel to help the government save foreign exchange.

Ranchers won't be happy about this...

"The increase was further reinforced by expectations of reduced wheat plantings in 2026, with farmers shifting to less fertilizer‑intensive crops..." 

The permit still needs to meet environmental approvals before The Metals Company can start work...

"Pressures at every stage of the 18-month supply chain are expected to keep ..." 

Well, well, well...

Now the next revolution is here...

"OECD commercial stocks could fall to these operational floors by September if the Strait of Hormuz remains closed, assuming demand destruction stabilizes at 5.5 mbd"

Oil and other commodities are in a bull trend, but the market’s structure is such that its time is limited...

The bottom line is that mine production has tightened; China’s physical market is firmer; and global governments, led by China and the US, are treating copper as a strategic necessity...

"What will conditions be like once we reach July and August?"

"Gulf production is likely to mostly recover within a few months of reopening assuming 1) no renewed strikes on oil assets and 2) a full and safe reopening of the Strait in coming months" - Goldman

"All eyes have been focused on the Middle East, but another supply shock may be unfolding in U.S. agricultural production."

"We are already in a 'black swan' event. No one could have foreseen..." 

It takes a special talent to wipe out more than half of your AUM in two weeks!

"The National Oceanic and Atmospheric Administration's Palmer Drought Severity Index hit its highest level for March since records started in 1895..."

"Premium equipment is already tightening." 

...the biggest premium in two years, is mainly due to weather stress... prompting possible supply imbalances and quality concerns for HRW

"Every day this trade remains closed and every day production does not come back, we are building a problem for the future, and we are building..." 

The facility, when fully operational, can produce 300 million sterile flies per week to counter the New World Screwworm threat...