Cotton futures posted gains of 5 to 109 points across most contracts at the close. Crude oil was $3.64 per barrel higher on the session, with the US dollar index holding steady on the day. Weekly Crop Progress data showed condition ratings at 34% good/excellent, down 5 percentage points on the week. The Brugler500 index […]
December arabica coffee (KCZ26) closed up +0.75 (+0.26%) on Wednesday, and November ICE robusta coffee (RMX26) closed up +14 (+0.40%). Coffee prices settled higher on Wednesday, with robusta posting a 1-week high. Tightness in near-term supplies is bullish for arabica coffee prices, as ICE arabica coffee inventories fell to a 27-year low of 218,838 bags […]
December ICE NY cocoa (CCZ26) closed up +38 (+0.64%) on Wednesday, and December ICE London cocoa #7 (CAZ26) closed up +20 (+0.47%). Cocoa prices rose on Wednesday after Ghana’s cocoa industry regulator proposed raising cocoa farmers’ pay by +6% for the 2026/27 season, which sparked short covering in cocoa futures as the proposed increase could […]
October NY world sugar #11 (SBV26) closed up +0.30 (+1.66%) on Wednesday, and October London ICE white sugar #5 (SWV26) closed up +15.50 (+2.99%). Sugar prices settled sharply higher on Wednesday on the +3% surge in crude price (CLV26) to a 3.25-month high. Higher crude prices support ethanol prices and could prompt the world’s sugar […]
Malaysian palm oil futures slipped more than 1% to around MYR 4,900 per tonne, extending their decline to a one-week low. Weaker edible oil prices in Dalian and Chicago, along with a stronger ringgit, weighed on sentiment. Traders also turned cautious ahead of monthly data from the Malaysian Palm Oil Board later today. Meanwhile, exports […]
Market Situation Wheat Fundamental and Market Context Historical Valuation (Z-score) Scenarios Gold Fundamental and Market Context Buyers slightly trimmed long positions last week, which may be linked to rising US yields. Source: CFTC, XTB Historical Valuation (Z-score) Scenarios WTI Crude Oil Fundamental and Market Context Calendar spreads remain elevated but show signs of stabilizing, which […]
Corn futures fell below $5.10 per bushel, pulling back from an over three-year high of $5.21 hit on September 1, as traders adjusted positions ahead of Friday’s widely anticipated USDA supply-and-demand report. The decline came despite expectations for weaker US yields, which have continued to provide a floor for prices. Commodity brokerage StoneX lowered its […]
Malaysian palm oil futures remained subdued, trading near MYR 4,960 per tonne, pressured by a stronger ringgit and weaker edible oil prices in the Dalian and Chicago markets. Meanwhile, exports remained sluggish, with cargo surveyors estimating August palm oil shipments fell between 6.5% and 14.9% from July, while inventories climbed to a five-month high in […]
Live cattle futures closed the Tuesday session with contracts $2.37 to $4.50 gains across most contracts at the close. Cash trade saw light action last week with sales ranging from 218-220, with a few up to $222. Feeder cattle futures rounded out the Tuesday session with contracts $4.05 to $5.72 higher. The CME Feeder Cattle […]
December arabica coffee (KCZ26) closed down -4.30 (-1.45%) on Tuesday, and November ICE robusta coffee (RMX26) closed up +53 (+1.56%). Coffee prices settled mixed on Tuesday, with arabica falling to a 2-month low. Ramped-up coffee exports from Brazil weighed on arabica prices Tuesday after Brazil’s Trade Ministry reported Brazil’s Aug coffee exports rose +44.6% y/y […]