Soft Commodities
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Commodity Talk – Gold, Natgas, Coffee, Cocoa
Gold: The market underwent a significant Q2 correction due to a hawkish Federal Reserve shift, yet central banks continue to…
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Soybeans Rise as China Buys More
Soybean futures rose above $11.8 per bushel, hitting a five-week high as renewed Chinese demand for US supplies boosted market…
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Palm Oil Rises Further Ahead of MPOB Monthly Report
Malaysian palm oil futures extended gains, hovering above MYR 4,500 per tonne as firmer edible oil markets in China’s Dalian…
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Coffee Prices Surge as Brazil’s Harvest is Delayed
September arabica coffee (KCU26) today is up +29.30 (+9.73%), and September ICE robusta coffee (RMU26) is up +208 (+5.50%). Coffee…
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Cocoa Prices Soar on Excessive West African Rains
September ICE NY cocoa (CCU26) on Monday closed up +658 (+13.07%), and September ICE London cocoa #7 (CAU26) closed up…
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Sugar Prices Push Higher as the Brazilian Real Weakens
October NY world sugar #11 (SBV26) on Monday closed up +0.37 (+2.49%), and Aug London ICE white sugar #5 (SWQ26)…
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Cotton Posts Gains, as Ratings Slip
Cotton futures posted 112 to 138 point gains on Monday in the front months, with deferreds up 48 to 99…
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Corn Rallies
Corn futures closed the Monday session holding onto the rally and closing near the highs, up 14 ½ to 16…
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Soybeans Rally on Chinese Rumors
Soybeans posted gains of 35 to 50 ½ cents across the front months on Monday, with defereds up 23 to…
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Wheat Posts Double Digit Gains
The wheat complex posted Monday gains, despite a weaker export data. Spillover support from the corn and beans was supportive.…
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