Soft Commodities
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Chart of the Day – Soybean
Futures contracts for soybeans in Chicago dropped by over 1% following the conclusion of the Trump-Xi meeting in Busan, despite earlier dynamic…
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Palm Oil Stabilizes After Four-Day Drop
Malaysian palm oil futures hovered around MYR 4,250 per tonne after a four-day decline, as traders weighed mixed global and…
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Sugar Prices Recover on Brazilian Real Strength
March NY world sugar #11 (SBH26) on Wednesday closed up +0.05 (+0.35%), and December London ICE white sugar #5 (SWZ25)…
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Coffee Prices Supported by Shrinking ICE Inventories
December arabica coffee (KCZ25) on Wednesday closed up +2.80 (+0.72%), and January ICE robusta coffee (RMF26) closed up +145 (+3.25%).…
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Cocoa Prices Rebound as ICE Inventories Dwindle
December ICE NY cocoa (CCZ25) on Wednesday closed up +42 (+0.70%), and December ICE London cocoa #7 (CAZ25) closed up…
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Soybean Closes Off the Highs, After Rallying to 15 Month High
Soybeans posted 4 ¾ to 11 ¼ cent gains across the board on Tuesday, as contracts fell off the intraday…
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Wheat Extends Gains
The wheat complex closed higher across the three exchanges on Tuesday. CBT soft red wheat posted 3 to 5 1/2…
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Trade Deals Likely to Fuel Demand for U.S. Corn
Looking at the charts below, I see market action in corn futures trending higher. An increase in corn demand from…
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Sugar Prices Extend Sell-Off to Lowest Levels in More Than 4 Years
March NY world sugar #11 (SBH26) on Tuesday closed down -0.09 (-0.62%), and December London ICE white sugar #5 (SWZ25)…
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NY Coffee Prices Post 2-week Low on Forecasts for Rain in Brazil
December arabica coffee (KCZ25) on Tuesday closed down -2.20 (-0.56%), and November ICE robusta coffee (RMX25) closed down -1 (-0.02%).…
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