Five Key Charts to Watch in Global Commodities This Week
Cattle enter the US from Mexico at the Santa Teresa International Export/Import Livestock Crossing in Santa Teresa, New Mexico.
Photographer: Paul Ratje/BloombergThis article is for subscribers only.
From cocoa to zinc, the breadth of the commodities rally is the biggest in two years. Beef and pork are showing promising signs of improving demand as barbecue season officially kicks off in the US with Monday’s Memorial Day holiday. Meanwhile, OPEC+’s policy meeting to review oil output curbs is set for June 2, around the start of the Atlantic hurricane season — a period when storms can threaten US crude production.
Here are five notable charts to consider in global commodity markets as the week gets underway.