Soft Commodities
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Sugar Prices Drop to 6-Week Lows on Abundant Global Supplies
May NY world sugar #11 (SBK26) on Monday closed down -0.07 (-0.51%), and May London ICE white sugar #5 (SWK26)…
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Cotton Rally Extends
Cotton extended the gains to Monday, with contracts up 64 to 131 points at the close. The US dollar index…
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Soybeans Pressured Lower
Soybeans closed Monday with losses of 5 to 13 ¾ cents easing lower into the close. The cmdtyView national average Cash…
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Wheat Holds onto Rally as Condition Ratings Slip
The wheat complex posted strength on Monday, with double digit gains across the three exchanges. Chicago SRW futures were 6…
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Corn Slips Lower
Corn futures failed to hold onto the Monday gains, closing with contracts steady to 1 ¼ cents lower and 5-6…
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Cattle Mixed, with Feeders Posting Strength
Live cattle futures were mixed on Monday, with contracts $1.125 lower to 40 cents higher at the close. Last week’s…
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Palm Oil Recovers on Improved Sentiment, Lower Stocks
Malaysian palm oil futures jumped around 1% to near MYR 4,600 per tonne, rebounding from recent weakness as a softer…
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Soybean Futures Hit 1-Month Peak
Soybean futures rose to around $11.8 per bushel, reaching a four-week high, supported by firm biofuel-linked demand and fresh cues…
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Baltic Dry Index Extends Rally Into 6th 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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Rice Futures Hover Around 1-Month Low
Rice futures traded around $10.9 per hundredweight, near the lowest since early March, amid prospects of ample supply despite increased…
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