Soft Commodities
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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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Signs of Weak European Sugar Production Support Prices
October NY world sugar #11 (SBV26) closed up +0.32 (+1.85%) on Wednesday, and October London ICE white sugar #5 (SWV26)…
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Cotton Rounds Out with Gains
Cotton futures posted strength on the Wednesday session with contracts up 25 to 93 points at the close. Crude oil…
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Trade of The Day – WHEAT
Facts: The price is above the EMA 5, 20, 100, and 200 averages. EMA 100 is above EMA 200. RSI…
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Corn Hits 3-Year High on US Crop Concerns
Corn futures jumped above $5 per bushel, hitting their highest level since July 2023 as mounting concerns over US crop…
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