Soft Commodities
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Palm Oil Holds Two-Month High
Malaysian palm oil futures edged higher on Wednesday, hovering around MYR 4,265 per tonne and extending gains for a third…
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Cattle Under Pressure
Live cattle futures posted losses on Tuesday, with contracts down 35 to 60 cents at the close. Cash trade has yet…
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Corn Eases Back Lower
Corn futures closed the Tuesday session with contracts down 1 to 2 cents in the front months. The CmdtyView national…
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Wheat Finds Support Late
The wheat complex ended the Tuesday session with some strength. Chicago SRW futures were steady to a penny higher in…
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Soybean futures flirt with the 200-day moving average
In last week’s post, I mentioned that China’s economy is growing. Its Gross Domestic Product (GDP) will hit the target…
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Coffee Prices Sharply Higher on Brazilian Real Strength
March arabica coffee (KCH26) on Tuesday closed up +11.00 (+3.09%), and March ICE robusta coffee (RMH26) closed up +78 (+1.86%).…
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Dollar Weakness Sparks Short Covering in Cocoa Futures
March ICE NY cocoa (CCH26) on Tuesday closed up +85 (+1.95%), and March ICE London cocoa #7 (CAH26) closed up…
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NY Sugar Finishes Slightly Higher as the Brazilian Real Rallies
March NY world sugar #11 (SBH26) on Tuesday closed up +0.04 (+0.27%), and March London ICE white sugar #5 (SWH26)…
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Cotton Rebounds
Cotton futures bounced back on the Tuesday session, with contracts up 71 to 86 points across the front months. Crude…
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Commoditiy Markets – NATGAS, Gold, Cocoa and Silver
Gold – uncharted territory. Gold is reaching consecutive all-time highs, surpassing the $5,100 per ounce level. Last week, gold broke…
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