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The Commodity Report

Lukas Kuemmerle

Tradeable Commodity Research from an Alpha-Capture Strategist.

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PricingFreemiumPublishesWeekly
Issues523Founded5 years agoLast Issue8 days ago
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Latest Issues

What People Can Learn from 2024 El Nino Hedging Disaster

*YTD our absolute return strategy is up +6.8%

Find our 2025 performance here (+20% total return and 2.99 Sharpe)


2024 Wasn’t a Hedging Failure…It Was a Timing Failure

If you ran price risk for anything touching cocoa in 2024, yo...

8 days ago
11

Commodity Market Movers Report - Portfolio Update 12.07.2026

How we’re positioned and what we’re looking out for.

What we did during the week:

8 days ago
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Q2 Portfolio Update – Stable Performance in a Volatile Environment

Our long/short commodity strategy has had a strong start to the year despite significant geopolitical turbulence. Second-quarter performance was broadly flat, with a modest gain of 0.2%. Meanwhile, the Sharpe ratio improved slightly to 2.4....

15 days ago
9

We Track How Strong El Nino Really Becomes

*YTD our absolute return strategy is up +6.8%

Find our 2025 performance here (+20% total return and 2.99 Sharpe)


The glimps of how strong this year’s El Nino will actually be we will get from the monsoon activity in India.

The In...

15 days ago
11

Commodity Market Movers Report - Portfolio Update 05.07.2026

How we’re positioned and what we’re looking out for.

What we did during the week:

15 days ago
2
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  • Lukas Kuemmerle

    Agricultural Commodity Strategist, Market Neutral, Editor, Founder Kucrop Analytics

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