Soft Commodities
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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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Palm Oil Retreats to One-Week Low
Malaysian palm oil futures extended losses, trading below MYR 4,900 per tonne and touching their lowest level in a week…
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Wheat Futures Hit 1-Month High
Wheat futures climbed toward $7 per bushel in late August, reaching their highest level since July 23, as intensifying Russia-Ukraine…
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Soybeans Hold at 1-Month High
Soybean futures held above $12.2 per bushel, staying near a four-week high as weaker US crop conditions and fresh export…
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Commodity Wrap – Natgas, Cocoa, Gold, Oil
Market Situation During today’s session on the commodities market, slight declines prevail, with the average decrease amounting to -0.26% and…
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Baltic Dry Index Up for 3rd Day
The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, was up for a…
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Soybeans Trade Near Multi-Week High
Soybeans traded above $12.20 per bushel, hovering near multi-week highs as strong demand offset a limited increase in US crop…
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