The Best And Worst Futures Markets Of 2016 – Ethanol Soars, Cocoa Crashes

Twenty-sixteen is just about in the books, which means it’s our cue to draw some quick conclusions about the performance of the various commodity futures markets. Now that crude oil looks like it’s bottomed off from it’s multi-year decline, people are starting to get bullish on long-only commodity ETFs – with some even suggesting the rebirth of the commodity super cycle in 2017. Bloomberg had a nifty chart showing the three month and YTD performance of the different futures sectors, seen below, with the size of the circle representing the weight each of those sectors represent in the long-only commodity…