Soft Commodities
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Cattle Fade Back Lower
Live cattle futures closed the Thursday with contracts down $1.67 to $3.45. There were 3 deliveries for April retendered in…
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Wheat Futures Rise Toward 9-Month High
Wheat futures rose more than 2% to $6.07 per bushel, the highest since a nine-month high of $6.16 hit on…
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Soybeans Post Strength
Soybeans were in rally mode on the midweek session, with contracts 9 to 11 cents higher at the close. The…
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Wheat See Marginal Strength
The wheat complex posted marginal gains on Wednesday with contracts higher across the three exchanges. Chicago SRW futures were fractionally…
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Smaller Brazil Coffee Exports Underpin Prices
May arabica coffee (KCK26) on Wednesday closed up +1.60 (+0.53%), and May ICE robusta coffee (RMK26) closed up +70 (+2.02%).…
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Hedge Selling Weighs on Cocoa Prices
May ICE NY cocoa (CCK26) on Wednesday closed down -80 (-2.25%), and May ICE London cocoa #7 (CAK26) closed down…
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Persistent Global Surpluses Sink Sugar Prices
May NY world sugar #11 (SBK26) on Wednesday closed down -0.37 (-2.67%), and May London ICE white sugar #5 (SWK26)…
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Live Cattle Prices Hold at Record High
Live Cattle prices held at record $2.52 per pound supported by lower supply and steady demand. A shrinking U.S. cattle…
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Palm Oil Prices Stay Below MYR 4,500 on Weak Demand
Malaysian palm oil futures held below MYR 4,500 per tonne, hovering near a five-week low, as weak exports weighed on…
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Sugar Prices Rebound as the Dollar Slumps
May NY world sugar #11 (SBK26) on Tuesday closed up +0.20 (+1.46%), and May London ICE white sugar #5 (SWK26)…
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