Soft Commodities
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Palm Oil Heads for First Weekly Loss in Four Weeks
Malaysian palm oil futures hovered near MYR 4,850 per tonne, rebounding from recent declines as firmer rival edible oils on…
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Soybean Futures Extend Rally
Soybean futures climbed further above $12.6 per bushel, extending their rally to the highest level since December 2023 as concerns…
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Corn Holds Near 3-Year High
Corn futures held above $5.1 per bushel, staying near their highest level since July 2023 as mounting crop concerns and…
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Chart of The Day – Why is wheat gaining so strongly?
Wheat prices are currently driven by various overlapping geopolitical risks and rapidly deteriorating global harvest prospects. Recent gains have clearly…
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Wheat Futures Hit Over 3-Year Peak
Wheat futures climbed toward $7.40 per bushel in late August, hitting its highest level since June 2023, as the escalating…
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Palm Oil Gains Despite Weak Export Momentum
Malaysian palm oil futures climbed above MYR 4,850 per tonne, rebounding from recent losses as a weaker ringgit boosted competitiveness…
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Soybeans Rally to 26-Month High
Soybean futures climbed to around $12.5 per bushel, hitting their highest level since May 2024 as strong Chinese demand for…
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Cattle Post Mixed Action
Live cattle futures came back to close Wednesday mixed, with contracts mostly 37 to 82 cents higher and October down…
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Coffee Prices Slump on the Outlook for Larger Brazil Coffee Supplies
December arabica coffee (KCZ26) closed down -13.35 (-3.98%) on Wednesday, and November ICE robusta coffee (RMX26) closed down -77 (-2.09%).…
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Cocoa Prices Pressured by Abundant Supplies
December ICE NY cocoa (CCZ26) closed up +2 (+0.03%) on Wednesday, and September ICE London cocoa #7 (CAU26) closed down…
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