What to Watch in Commodities: Glencore, BHP, Oil, Food, Top Dogs
- Glencore Plc, BHP Billiton among companies to report this week
- Oil industry gathers in London; USDA unveils acreage outlook
Welcome to the top table. The big guns are out in force this week as Glencore Plc, BHP Billiton Ltd. and Newmont Mining Corp. are among companies reporting. That’ll be an opportunity for Ivan Glasenberg and Andrew Mackenzie to peer into the future: should we expect more volatility, will global trade tensions rise further, and what are their priorities for 2018 and beyond?
In BHP’s case, there’s also the fascinating tussle with activist investor Paul Elliott Singer, while Newmont boss Gary Goldberg may finally reveal that his outfit has overtaken Barrick Gold Corp. as the world’s largest gold producer, having already surged ahead by value. Rounding out the agenda is the outlook for global energy with International Petroleum Week taking place in London, and the USDA’s annual forum just as agriculture prices start to tick higher. Now pass the wine and listen in, these guys can be a mine of information.