CPM: Commodity and Product Report (Day 705)

Day 705, 18:29 Published in Canada Canada by Addy Lawrence
A little background, once a week I prepare the Commodity and Product Report. I go into the marketplace and log the quantities offered of each commodity and product, the price of each offer and the quality of each offer. I then compare them to each other and previous reports.

Note that I am running for congress under the banner of the CPF in Ontario. Here is my campaign presentation, please consider voting for me today.

Week Ending Day 704

Battles have been picking up in frequency and have settled into a daily routine. The commodity and product markets remain highly competitive. We are nearly complete the liberation of our regions, perhaps only hours away. Anticipate a joyous military victory followed by an economic hangover.

Commodities



Grain inventories are flat (3,310 v 3,213 v 1,294), price is up ($0.54 v $0.50 v $0.66), and quality is up (1.93 v 1.44 v 1.56). The increase in quality explains the increase in price. The number of grain companies is dropping, its down to one page. Companies are being squeezed out of the eCanadian market. Q1 prices regularly hit the high 20's.

Diamond inventories are flat (2,480 v 2,339 v 2,163), price is down ($0.77 v $1.62 v $1.95), and quality is down (2.66 v 2.91 v 3.32). The drop in price is inconsistent with the drop in quality however the competition in this market is increasing.

Iron inventories are flat (2,429 v 2,581 v 5,457), price is up ($1.15 v $0.68 v $1.12) and quality is up (2.59 v 1.92 v 2.92). The rise in quality has driven up the price, the surge in war has also increase demand for iron.

Oil inventories are down (4,496 v 5,400 v 5,885), price is relatively flat ($0.52 v $0.51 v $0.52), and quality is up (2.28 v 2.18 v 2.15). The moving ticket market is cyclical so by association oil is as well. The congressional elections are upon us (voting corps activity) and some airborne missions out of Florida this week have created demand which has necessitated the consumption of oil.

Wood inventories are down (5,754 v 6,330 v 4,444), price is down ($0.50 v $0.55 v $0.55), and quality is down (1.84 v 2.13 v 1.9😎. Infrastructure projects and home building continue to drive wood inventories down, competition and contracts have kept prices low. It is quite impressive to see how consistent prices and quality have been in this market over the past three weeks. Without question, government contracts keep it this way.

Products



Food inventories are up (5,438 v 4,670 v 4,553), price is flat ($3.34 v $3.38 v $3.71), and quality is up (3.07 v 3.01 v 2.84). Food is a necessity and it is exciting to see how competitive this industry gets each week, growing inventories, lower prices and a higher quality offering, how do you establish a competitive advantage?

Gift inventories are up (1,292 v 1,037 v 693), prices are up ($4.84 v $3.63 v $4.43), and quality is up (2.09 v 1.80 v 2.05). The change in quality explains the movement in price.

Weapon inventories are up (2,305 v 2,100 v 1,925), prices are up ($11.81 v $9.01 v $10.00), and quality is up (1.97 v 1.64 v 1.84). This market gets more competitive with each passing week. The return of war will bring about price increases but it is a very tough slog at this time.

Ticket inventories are up (749 v 673 v 590), prices are down ($10.00 v $11.41 v $10.47), and quality is flat (1.01 v 1.00 v 1.00). I'm surprised that prices came down this week as I anticipated the election and voting corp to push prices up, you never can tell.

House inventories are up (18 v 11 v 14), prices are down ($569.30 v $629.13 v $493.60), and quality is down (2.50 v 2.64 v 2.00). The drop in quality explains the movement in price, how many readers out there own a home?

There is one hospital in inventory, a Q4 @ $4,080, same as last week, no markdowns.

There is one defence system in inventory, a Q1 @ $2,999.70.

Who's your daddy? Addy's your daddy!!!