Record heat, extreme weather events and war are still upending global commodity markets. Rice — a food staple for nearly half the global population — is surging, while energy costs are also rising. Earnings from the world’s biggest oil companies are now in the books, but a slew of results from independent US shale operators are due in the coming days. Also on tap: second-quarter earnings from Caterpillar Inc.
Source: https://investment-policy.com