Commodity Pulse

Track record

Every issue puts explicit directional calls on the record. Calls on benchmark futures are scored mechanically against the price at maturity (moves inside ±1% count as flat, neither right nor wrong). Ingredient calls with no daily price series are reviewed against later evidence and labelled “LLM-reviewed”. Nothing is edited after the fact.

Hit rate

56%

33 of 59 scored calls since 10 Jul 2026

Price-verified

33/59

12 flat (inside ±1%)

LLM-reviewed

0 indeterminate

Open calls (19)

Fishmeal (aquafeed)higheropen

Fishmeal stays bid as Peru's shortfall keeps diverting aquafeed demand to India and Vietnam into autumn.

called 11 Sept 2026 · due 11 Oct 2026 · medium confidence

Wheat SRW (CBOT)loweropen

Chicago wheat drifts lower as harvest pressure and a repeatedly-failing war premium outweigh Baltic-port headlines.

called 11 Sept 2026 · due 25 Sept 2026 · medium confidence · currently +0.0%

Soybean Meal (CBOT)loweropen

Soymeal gives back part of its crude-driven gain as record Brazilian shipments and heavy soybeans reassert once energy stalls.

called 11 Sept 2026 · due 18 Sept 2026 · low confidence · currently +0.0%

Rough Rice (CBOT)higheropen

Rough rice stays supported as Bangladesh export cuts and falling global production tighten Asian origin values.

called 9 Sept 2026 · due 23 Sept 2026 · medium confidence · currently -0.2%

Soybean Oil (CBOT)higheropen

Soyoil stays firm as record biofuel use and crude strength lift the oil share of the crush.

called 9 Sept 2026 · due 23 Sept 2026 · low confidence · currently +1.4%

Corn (CBOT)loweropen

Corn drifts lower as record fund longs and a heavy balance sheet outweigh isolated bullish weather headlines.

called 9 Sept 2026 · due 23 Sept 2026 · medium confidence · currently -0.2%

Wheat SRW (CBOT)higheropen

Chicago wheat holds this week's gains as stalled peace talks keep the Black Sea premium in place near-term.

called 9 Sept 2026 · due 16 Sept 2026 · low confidence · currently -1.4%

Rapeseed (MATIF)higheropen

Paris rapeseed stays supported as dry Ukrainian and EU sowing conditions add a supply-risk premium into autumn.

called 7 Sept 2026 · due 21 Sept 2026 · low confidence · currently +1.0%

Soybean Meal (CBOT)higheropen

Soymeal holds firm as Chinese demand and healthy crush margins support meal against a heavy soybean board.

called 7 Sept 2026 · due 21 Sept 2026 · low confidence · currently -0.3%

Wheat SRW (CBOT)loweropen

Chicago wheat drifts lower over two weeks as harvest pressure and fading war premium outweigh recurring Odesa headlines.

called 7 Sept 2026 · due 21 Sept 2026 · medium confidence · currently +0.1%

Fishmeal (aquafeed)higheropen

Fishmeal stays bid as Peru's closure and structural marine-ingredient shortage keep aquafeed supply tight into autumn.

called 4 Sept 2026 · due 4 Oct 2026 · medium confidence

Soybean Meal (CBOT)higheropen

Soymeal holds firm as Chinese soybean buying and healthy crush margins sustain demand against large fund longs.

called 4 Sept 2026 · due 18 Sept 2026 · medium confidence · currently -0.0%

Rapeseed (MATIF)loweropen

Paris rapeseed gives back crude-driven gains as record global output and stalling energy prices reassert on the vegoil complex.

called 2 Sept 2026 · due 16 Sept 2026 · low confidence · currently +0.2%

Fishmeal (aquafeed)higheropen

Fishmeal stays bid as Peru's extended anchovy ban and record ocean heat keep marine-ingredient supply tight into autumn.

called 2 Sept 2026 · due 2 Oct 2026 · high confidence

Rough Rice (CBOT)higheropen

Rough rice stays supported as strong Vietnamese export earnings and El Niño import-demand risk underpin Asian origin values.

called 31 Aug 2026 · due 14 Sept 2026 · low confidence · currently +2.8%

Rapeseed (MATIF)higheropen

Paris rapeseed stays firm as crude strength and SAF-driven canola demand support the oilshare and crush values.

called 31 Aug 2026 · due 14 Sept 2026 · medium confidence · currently +2.1%

Fishmeal (aquafeed)higheropen

Fishmeal stays bid as El Niño-suppressed catch and China's domestic reliance keep marine-ingredient supply tight.

called 28 Aug 2026 · due 27 Sept 2026 · high confidence

Fishmeal (aquafeed)higheropen

Fishmeal rises further as Peru's north-central closure tightens supply against Chinese aquafeed demand pivoting to Vietnam and India.

called 26 Aug 2026 · due 25 Sept 2026 · high confidence

Fishmeal (aquafeed)higheropen

Fishmeal prices rise further as Peru's early season close and weak global catch tighten supply against Chinese aquafeed demand.

called 21 Aug 2026 · due 20 Sept 2026 · high confidence

Resolved (71)

Soybean Oil (CBOT)lowerincorrectprice-verified

Soyoil stays soft as ample stocks and a fading biofuel narrative outweigh crude strength.

called 4 Sept 2026 · matured 11 Sept 2026 · low confidence · moved +2.5%

Wheat SRW (CBOT)lowercorrectprice-verified

Chicago wheat drifts lower as peace-talk signals and profit-taking overwhelm the fading Black Sea supply premium.

called 4 Sept 2026 · matured 11 Sept 2026 · medium confidence · moved -2.0%

Wheat SRW (CBOT)lowercorrectprice-verified

Chicago wheat drifts lower as the corridor plan and weak Ukrainian basis undercut a speculative-only war premium.

called 2 Sept 2026 · matured 9 Sept 2026 · medium confidence · moved -3.1%

Milling Wheat (MATIF)higherincorrectprice-verified

Paris wheat holds its Danube-strike premium over the coming week unless Turkey's corridor talks produce a concrete reopening.

called 31 Aug 2026 · matured 7 Sept 2026 · medium confidence · moved -1.9%

Corn (CBOT)higherflatprice-verified

Corn holds recent gains on Black Sea and China-demand support, though record fund longs cap further upside.

called 28 Aug 2026 · matured 4 Sept 2026 · low confidence · moved +0.5%

Milling Wheat (MATIF)higherflatprice-verified

Paris wheat holds most gains as tight EU availability and Black Sea export disruption sustain the premium.

called 28 Aug 2026 · matured 11 Sept 2026 · medium confidence · moved -0.9%

Wheat SRW (CBOT)higherincorrectprice-verified

Chicago wheat holds above $7.40 as Black Sea disruption and Danube ship queues sustain a genuine supply premium into next week.

called 28 Aug 2026 · matured 4 Sept 2026 · medium confidence · moved -1.8%

Rapeseed (MATIF)lowerincorrectprice-verified

Paris rapeseed drifts lower as the crude slump and weak vegoil demand outweigh tight canola carryout.

called 26 Aug 2026 · matured 9 Sept 2026 · medium confidence · moved +4.7%

Corn (CBOT)highercorrectprice-verified

Corn holds its Black Sea gains near multi-year highs as export risk persists, though crowded fund longs cap further upside.

called 26 Aug 2026 · matured 2 Sept 2026 · medium confidence · moved +6.2%

Soybean Oil (CBOT)highercorrectprice-verified

Soyoil rebounds modestly as the vegoil complex stabilises after this week's sharp slump, aided by biofuel demand narratives.

called 24 Aug 2026 · matured 7 Sept 2026 · low confidence · moved +2.4%

Rough Rice (CBOT)highercorrectprice-verified

Rough rice stays firm as Indian monsoon tightness and El Niño concerns support Asian origin despite competitive Thai supply.

called 24 Aug 2026 · matured 7 Sept 2026 · medium confidence · moved +3.3%

Milling Wheat (MATIF)highercorrectprice-verified

Paris wheat holds most of its gains as Black Sea export disruption and the truce rejection sustain a genuine supply premium.

called 24 Aug 2026 · matured 7 Sept 2026 · medium confidence · moved +3.4%

Rapeseed (MATIF)highercorrectprice-verified

Paris rapeseed stays firm on tight canola carryout, strong vegoil demand and a supportive crude complex.

called 21 Aug 2026 · matured 4 Sept 2026 · medium confidence · moved +1.2%

Milling Wheat (MATIF)highercorrectprice-verified

Paris wheat holds its gains as the confirmed Ukrainian export collapse sustains a genuine supply-driven premium into next fortnight.

called 21 Aug 2026 · matured 4 Sept 2026 · medium confidence · moved +9.5%

Corn (CBOT)lowerincorrectprice-verified

Chicago corn eases as record fund longs liquidate into benign Iowa weather, crop-tour bears and record Argentine exports.

called 19 Aug 2026 · matured 2 Sept 2026 · medium confidence · moved +15.5%

Rough Rice (CBOT)highercorrectprice-verified

Rough rice holds its gains as Myanmar, Vietnam and Bangladesh tightness plus El Niño fears sustain Asian origin values.

called 19 Aug 2026 · matured 2 Sept 2026 · medium confidence · moved +8.0%

Milling Wheat (MATIF)lowerincorrectprice-verified

Paris wheat stays soft as fresh Odesa strikes again fail to build a durable EU war premium into ample new-crop supply.

called 19 Aug 2026 · matured 2 Sept 2026 · medium confidence · moved +13.5%

Rough Rice (CBOT)highercorrectprice-verified

Rough rice steadies as Indian export tightness supports Asian origin against a soft board despite this week's dip.

called 17 Aug 2026 · matured 31 Aug 2026 · low confidence · moved +11.0%

Soybean Meal (CBOT)lowerincorrectprice-verified

Soymeal stays heavy as record world meal output and healthy crush supply cap rallies despite bean-side firmness.

called 17 Aug 2026 · matured 31 Aug 2026 · medium confidence · moved +9.2%

Milling Wheat (MATIF)highercorrectprice-verified

Paris wheat holds its gains as the confirmed Ukrainian export collapse and Black Sea disruption sustain a genuine supply-driven premium.

called 17 Aug 2026 · matured 31 Aug 2026 · medium confidence · moved +10.1%

Rough Rice (CBOT)highercorrectprice-verified

Rough rice holds firm as Indian port congestion and tight Asian supply support origin values.

called 14 Aug 2026 · matured 28 Aug 2026 · medium confidence · moved +7.9%

Corn (CBOT)lowerincorrectprice-verified

Corn eases as record fund longs liquidate into benign Iowa weather, despite the WASDE yield trim.

called 14 Aug 2026 · matured 28 Aug 2026 · low confidence · moved +18.9%

Soybean Meal (CBOT)lowerincorrectprice-verified

Soymeal drifts back down as record world meal output and heavy crush supply outweigh the bean-led bounce.

called 14 Aug 2026 · matured 28 Aug 2026 · medium confidence · moved +7.5%

Milling Wheat (MATIF)highercorrectprice-verified

Paris wheat holds its gains as the confirmed 76% Ukrainian export collapse sustains a genuine supply-driven premium into next week.

called 14 Aug 2026 · matured 21 Aug 2026 · medium confidence · moved +2.6%

Rapeseed (MATIF)higherflatprice-verified

Paris rapeseed holds firm on biofuel oil demand and the crude rally, resisting broader vegoil and canola weakness.

called 12 Aug 2026 · matured 26 Aug 2026 · low confidence · moved -0.3%

Soybean Meal (CBOT)lowerincorrectprice-verified

Soymeal stays heavy as record global meal output and rising stocks outweigh soft Chinese demand and trimmed fund length.

called 12 Aug 2026 · matured 26 Aug 2026 · medium confidence · moved +6.1%

Milling Wheat (MATIF)lowerincorrectprice-verified

Paris wheat stays soft as the WASDE-eve sell-off confirms the market won't hold a Black Sea war premium into ample new-crop supply.

called 12 Aug 2026 · matured 19 Aug 2026 · medium confidence · moved +4.7%

Corn (CBOT)lowerincorrectprice-verified

Chicago corn drifts lower as record fund longs liquidate into benign Iowa weather and post-WASDE supply confirmation.

called 10 Aug 2026 · matured 24 Aug 2026 · medium confidence · moved +11.8%

Soybean Meal (CBOT)lowerincorrectprice-verified

Soymeal stays soft as record global meal output and heavy US crush outweigh soft Chinese demand and exposed fund length.

called 10 Aug 2026 · matured 24 Aug 2026 · medium confidence · moved +4.0%

Rough Rice (CBOT)highercorrectprice-verified

Rough rice holds firm near ten-month highs as Thai-China deals and Indian monsoon tightness support Asian origin against a mixed board.

called 10 Aug 2026 · matured 24 Aug 2026 · medium confidence · moved +7.8%

Soybean Meal (CBOT)lowerincorrectprice-verified

Soymeal drifts lower as record global meal output and heavy crush supply outweigh any bean bounce.

called 7 Aug 2026 · matured 21 Aug 2026 · medium confidence · moved +1.6%

Rapeseed (MATIF)highercorrectprice-verified

Paris rapeseed holds firm on tight EU old-crop supply and biofuel oil demand, resisting broader vegoil weakness.

called 7 Aug 2026 · matured 21 Aug 2026 · medium confidence · moved +3.5%

Milling Wheat (MATIF)lowerincorrectprice-verified

Paris wheat stays soft as fresh Black Sea attacks fail to build a war premium into ample new-crop supply.

called 7 Aug 2026 · matured 21 Aug 2026 · medium confidence · moved +3.4%

Rough Rice (CBOT)highercorrectprice-verified

Rough rice extends higher as Indian and Vietnamese export tightening lifts Asian origin against a soft grain board.

called 7 Aug 2026 · matured 21 Aug 2026 · medium confidence · moved +2.7%

Rapeseed (MATIF)highercorrectprice-verified

Paris rapeseed holds firm on tight old-crop supply and record biofuel oil demand, resisting the crude slump.

called 5 Aug 2026 · matured 12 Aug 2026 · low confidence · moved +3.1%

Soybean Meal (CBOT)lowerflatprice-verified

Soymeal drifts lower as record global meal output, decade-high Chinese stocks and exposed fund longs outweigh any bean bounce.

called 5 Aug 2026 · matured 19 Aug 2026 · medium confidence · moved +0.7%

Milling Wheat (MATIF)lowercorrectprice-verified

Paris wheat keeps easing versus firmer US as fresh blockade headlines fail to rebuild an EU war premium into new-crop supply.

called 5 Aug 2026 · matured 12 Aug 2026 · medium confidence · moved -3.3%

Milling Wheat (MATIF)lowerflatprice-verified

Paris wheat extends lower as a raised Ukrainian harvest and open corridor override Black Sea attack headlines.

called 3 Aug 2026 · matured 10 Aug 2026 · medium confidence · moved +0.1%

Rough Rice (CBOT)higherflatprice-verified

Rough rice firms as Vietnamese and Indian export tightening lifts Asian origin against a falling grain board.

called 3 Aug 2026 · matured 17 Aug 2026 · low confidence · moved +0.9%

Corn (CBOT)lowerincorrectprice-verified

Chicago corn extends lower as record fund longs liquidate into benign Iowa weather and improving crop ratings.

called 3 Aug 2026 · matured 17 Aug 2026 · medium confidence · moved +5.3%

Soybean Meal (CBOT)lowercorrectprice-verified

Soymeal drifts lower as record crush supply and exposed fund length outweigh firm Chinese reserve demand.

called 3 Aug 2026 · matured 17 Aug 2026 · medium confidence · moved -1.1%

Milling Wheat (MATIF)higherincorrectprice-verified

Paris wheat holds firm versus US as fresh Black Sea escalation sustains the EU-over-US premium.

called 31 Jul 2026 · matured 7 Aug 2026 · low confidence · moved -4.2%

Soybean Meal (CBOT)lowercorrectprice-verified

Soymeal drifts lower as record US crush and exposed fund length outweigh firm Chinese domestic demand.

called 31 Jul 2026 · matured 14 Aug 2026 · medium confidence · moved -2.4%

Corn (CBOT)lowerincorrectprice-verified

Chicago corn extends lower as benign Iowa weather, improving ratings and heavy fund longs outweigh Black Sea headlines.

called 31 Jul 2026 · matured 14 Aug 2026 · medium confidence · moved +1.2%

Milling Wheat (MATIF)lowercorrectprice-verified

Paris milling wheat keeps unwinding the war premium as the corridor stays partly open despite continued attacks.

called 29 Jul 2026 · matured 12 Aug 2026 · medium confidence · moved -6.4%

Soybean Meal (CBOT)lowercorrectprice-verified

Soymeal drifts lower as record crush supply and exposed fund length reassert once the bean bounce fades.

called 29 Jul 2026 · matured 12 Aug 2026 · medium confidence · moved -4.4%

Rapeseed (MATIF)lowercorrectprice-verified

Paris rapeseed extends lower as falling crude and weak canola override the tight EU supply story near-term.

called 29 Jul 2026 · matured 5 Aug 2026 · medium confidence · moved -2.3%

Soybean Meal (CBOT)lowercorrectprice-verified

Soymeal eases as record crush supply and exposed fund length reassert once the bean complex cools.

called 27 Jul 2026 · matured 10 Aug 2026 · medium confidence · moved -5.1%

Corn (CBOT)lowercorrectprice-verified

Chicago corn drifts lower as large fund longs liquidate into benign Iowa weather and improving crop ratings.

called 27 Jul 2026 · matured 10 Aug 2026 · medium confidence · moved -3.6%

Milling Wheat (MATIF)lowercorrectprice-verified

Paris milling wheat extends its decline as the Black Sea war premium keeps unwinding absent fresh port strikes.

called 27 Jul 2026 · matured 3 Aug 2026 · medium confidence · moved -4.3%

Soybean Meal (CBOT)lowercorrectprice-verified

Soymeal drifts lower as record crush supply and exposed fund length reassert once the bean rally cools.

called 24 Jul 2026 · matured 7 Aug 2026 · low confidence · moved -5.3%

Rapeseed (MATIF)higherincorrectprice-verified

MATIF rapeseed stays firm on French heat, tight EU supply and firmer crude, tracking three-year-high canola.

called 24 Jul 2026 · matured 7 Aug 2026 · medium confidence · moved -6.4%

Milling Wheat (MATIF)higherincorrectprice-verified

Paris milling wheat holds near this week's highs as suspended Ukrainian port calls sustain the Black Sea war premium.

called 24 Jul 2026 · matured 31 Jul 2026 · medium confidence · moved -6.2%

Soybean Meal (CBOT)higherflatprice-verified

Soymeal holds this week's gains near-term as strong crush demand and firm beans outweigh ample supply.

called 22 Jul 2026 · matured 29 Jul 2026 · low confidence · moved -0.6%

Corn (MATIF)higherincorrectprice-verified

Paris corn stays supported on tight EU supply and Black Sea disruption, outperforming CBOT corn.

called 22 Jul 2026 · matured 5 Aug 2026 · medium confidence · moved -3.9%

Milling Wheat (MATIF)higherincorrectprice-verified

MATIF milling wheat holds firm as Black Sea shipping attacks and French heat sustain the EU premium.

called 22 Jul 2026 · matured 5 Aug 2026 · medium confidence · moved -6.1%

Wheat SRW (CBOT)higherflatprice-verified

Chicago wheat extends higher as still-short funds cover into ongoing Black Sea export disruption.

called 20 Jul 2026 · matured 27 Jul 2026 · medium confidence · moved -0.6%

Soybean Meal (CBOT)lowerflatprice-verified

Soymeal drifts lower as record crush supply and exposed fund length outweigh firmer beans.

called 20 Jul 2026 · matured 3 Aug 2026 · medium confidence · moved +0.5%

Milling Wheat (MATIF)higherflatprice-verified

MATIF milling wheat holds near the highs as renewed Odesa strikes sustain the Black Sea war premium.

called 20 Jul 2026 · matured 27 Jul 2026 · medium confidence · moved -0.9%

Rough Rice (CBOT)higherflatprice-verified

Rice firms modestly as higher Indian reserve prices and patchy monsoon offset ample Asian supply.

called 17 Jul 2026 · matured 31 Jul 2026 · low confidence · moved -0.6%

Wheat HRW (KC)highercorrectprice-verified

KC hard wheat holds gains as the protein premium over Chicago stays wide on quality-wheat tightness.

called 17 Jul 2026 · matured 24 Jul 2026 · medium confidence · moved +7.2%

Milling Wheat (MATIF)highercorrectprice-verified

MATIF milling wheat holds this week's Black Sea and heat-driven gains, staying near the highs into next week.

called 17 Jul 2026 · matured 24 Jul 2026 · medium confidence · moved +5.9%

Soybean Meal (CBOT)lowerincorrectprice-verified

Soymeal eases as ample crush-driven supply and exposed fund length outweigh firm bean demand.

called 15 Jul 2026 · matured 29 Jul 2026 · low confidence · moved +3.1%

Rapeseed (MATIF)highercorrectprice-verified

MATIF rapeseed holds firm on French heat and tighter EU supply, decoupling from weaker Canadian canola.

called 15 Jul 2026 · matured 29 Jul 2026 · medium confidence · moved +1.6%

Corn (CBOT)lowerincorrectprice-verified

Corn drifts lower as improving US crop ratings and benign Iowa weather trigger fund long liquidation.

called 15 Jul 2026 · matured 29 Jul 2026 · medium confidence · moved +4.6%

Soybean Meal (CBOT)higherflatprice-verified

Soymeal firms with the soy complex as strong crush and fund length outweigh ample production.

called 13 Jul 2026 · matured 20 Jul 2026 · medium confidence · moved -0.2%

UK Feed Wheat (ICE)lowerincorrectprice-verified

UK feed wheat stays soft, lagging the Continental rally on comfortable domestic supply.

called 13 Jul 2026 · matured 27 Jul 2026 · low confidence · moved +11.0%

Corn (CBOT)highercorrectprice-verified

Corn extends higher as dry, hot Iowa pollination weather and a tighter WASDE balance sustain fund buying.

called 13 Jul 2026 · matured 27 Jul 2026 · medium confidence · moved +2.9%

Rough Rice (CBOT)lowerincorrectprice-verified

Rice drifts lower as ample Indian and Vietnamese exports outweigh scattered bullish import headlines.

called 10 Jul 2026 · matured 9 Aug 2026 · medium confidence · moved +3.7%

Milling Wheat (MATIF)highercorrectprice-verified

MATIF milling wheat holds this week's gains, supported by a firm EU premium and French heat.

called 10 Jul 2026 · matured 17 Jul 2026 · low confidence · moved +8.5%

Wheat SRW (CBOT)highercorrectprice-verified

Chicago wheat extends higher as heavily short funds cover into Black Sea heat and firm milling demand.

called 10 Jul 2026 · matured 24 Jul 2026 · medium confidence · moved +10.9%