Wild weather helped make niche commodities big winners in 2019

© Can Stock Photo / gadosp

Michael Hirtzer and Ashley Robinson, Bloomberg News

The trade war, wild weather and angry farmers all generated major headlines in 2019 on corn and soybeans. But thinly traded niche commodities posted the most impressive gains for the year.

Rice, vegetable oils and lumber all posted price increases of at least 25 per cent. The reason: Crazy climate conditions were magnified in smaller markets where there’s often less certainty over the supply cushion. Lower trading volumes can also make for exaggerated price moves.

Here are some of the little markets that saw large gains … read more >>