Click HERE to return to Bullets
AI tools like the now familiar ChatGPT, among other data growth and management programs, require data centers, many and large. The infrastructure systems required by these new centers, being constructed rapidly across the country, include cooling, connectivity and other needs peculiar to data hardware, implying massive needs for copper. Each new data center can take 1-3,000 tons of copper for construction.
Base (non-annotated) Charts Courtesy of Genesis Trade Navigator.
See link to NASS report <Here>.
As of Wednesday Oct 23, 2024 : PM
Chocolate lovers, this is a big deal! Cocoa prices went off the charts in mid-April due to tree disease and maybe worse, rampant land destruction by illegal gold mining and poor government protection of private property. Click <here> for article.
Zawya, One of the best international news sources I have found
Useful Links
U.S. Export Sales – https://apps.fas.usda.gov/export-sales/esrd1.html
USDA FAS: Weekly Export Performance Indicator – https://apps.fas.usda.gov/esrquery/esrpi.aspx
EIA: Weekly ethanol Plant Production – https://www.eia.gov/dnav/pet/pet_pnp_wprode_s1_w.htm
EIA: Weekly Supply Estimates – https://www.eia.gov/dnav/pet/pet_sum_sndw_a_EPOOXE_sae_mbbl_w.htm
U.S. Crop Progress – http://usda.mannlib.cornell.edu/MannUsda/viewDocumentInfo.do?documentID=1048
USDA AMS: Market News – https://www.ams.usda.gov/market-news/search-market-news