USApple: Apple Numbers Off From 2023-2024 Season
Fresh apple holdings are down 14.1% from last season, and total apple holdings have dipped 5.7%, according to new USApple numbers.
Futures positions and changes made by hedge funds across commodities, forex, bonds and stock indices up until last Tuesday, April 27. A week where U.S. index futures resumed their ascent, the dollar continued lower while US Treasury yields ticked higher, but staying within their established ranges. Commodities surged higher led by very strong gains in grains and soft commodities.
Saxo Bank publishes weekly Commitment of Traders reports (COT) covering leveraged fund positions in commodities, bonds and stock index futures. For IMM currency futures and the VIX, we use the broader measure called non-commercial.
The below summary highlights futures positions and changes made by hedge funds across commodities, forex, bonds and stock indices up until last Tuesday, April 27. A week where U.S. index futures resumed their ascent, the dollar continued lower while US Treasury yields ticked higher, while staying within their established ranges. Commodities surged higher led by very strong gains in grains and soft commodities.
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Fresh apple holdings are down 14.1% from last season, and total apple holdings have dipped 5.7%, according to new USApple numbers.
“We can’t run a farm without people.” That quote from Oregon grower Doug Krahmer sums up what many producers across the PNW are feeling as the 2024 season ramps up—growing concern over labor availability and rising H-2A program costs.
Root Agricultural Advisory
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