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Market price considerations for week of April 3, 2017

As the first quarter ends, U.S. equity markets were consolidating gains, but foreign equity markets were outpacing those.

April 3, 2017

1 Min Read
Bobby Coats and Bert Greenwalt, agricultural economists with the University of Arkansas and Arkansas State University, catch up at the Agricultural Council of Arkansas annual meeting in Little Rock.

U.S. equity markets were consolidating gains as the first quarter of 2017 ended. Foreign equity markets, meanwhile, are starting to outperform U.S. equities, which is a good sign for building global economic momentum and demand for commodities.

Bobby Coats, professor of agricultural economics and agribusiness at the University of Arkansas Systems Division of Agriculture, lists a number of markets that are showing significant gains for the first quarter.

Among those are India, up 19.44 percent; Mexico, up 16.37 percent; emerging markets, up 12.51 percent; Brazil, up 12.36 percent; Australia, up 11.76 percent; China, up 10.89 percent; technology sector, up 10.66 percent; and the NASDAQ composite, up 9.82 percent.

Of the U.S. commodities cotton is up the most – 9.46 for the first quarter – according to Dr. Coats, writing in his weekly analysis of a broad range of markets. To see the analysis, click on

http://www.deltafarmpress.com/marketing/strengthening-foreign-equity-markets-supportive-commodity-market-complex.

 

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