Commodity Prices Rise for the Third Consecutive Week Ahead of Trump’s Inauguration – What’s Next?

USDA Report Sends Soft Commodity Prices Skyrocketing

Soft Commodities have lead the charge this month with Corn and Soybean prices reaching their highest level in over seven months, off the back of the USDA’s latest bullish supply and demand forecast report.

Generally, the USDA reports are kind of the “big-ticket item” at the beginning of the year for various Soft Commodity markets as the government agency looks back and recaps crop production from the previous year.

The USDA is well-known for springing huge market-moving surprises – and once again in 2025 they certainly did not disappoint!

Oil and Precious Metals Skyrocket in First Weeks of 2025

Elsewhere in the Energy markets, Crude Oil prices have been on an unstoppable run with both Brent and WTI Crude Oil benchmark’s registering a fourth consecutive week of gains – as the latest U.S sanctions on Russian energy trade added to concerns about Oil supply disruptions.

Both Brent and WTI contracts are currently up over 10% this month – trading at their highest price point seen this year.

Traders are now watching closely to see if President-elect Donald Trump delivers on his promise to implement tougher sanctions on Russia when he returns to the White House next week.

And last but definitely not least – Precious metal prices have continued to build on last year’s stellar performance surging to multi-week and multi-month highs.

So far, in the first 2 weeks of 2025 we’ve seen huge explosive moves across the Gold, Silver, Palladium and Platinum markets.

Gold has been on a parabolic run since October 2023, rallying from near the $1,800 level to score consecutive back-to-back all-time record highs – not once, not twice, but on 39 separate occasions in 2024.

Gold’s record-breaking run has been nothing short of impressive. Never before in history have we seen the precious metal score multiple all-time record highs in such a short space of time.

And this could just the beginning!

Commodities Shine Amid Uncertainty as Trump Prepares Return to White House

As President-elect Donald Trump prepares to return to the White House on Monday – traders will be on edge for any insights into his protectionist “America First” policies including universal tariffs, increased government borrowing, massive tax cuts and aggressive global trade wars.

All of which are expected to stoke inflation and strengthened Gold’s position as an inflation hedge. Whichever way you look at it, one thing is clear. The case for Commodities in a well-diversified portfolio has never been more obvious than it is right now!