Commodities
Commodities
Wheat Futures Fall on Black Sea Export Hopes
Wheat futures fell to around $7.50 per bushel in early September, slipping away from a more than three-year high reached on August 28 as prospects for renewed grain shipments through the Black Sea eased supply concerns. Turkey said it is in talks with both Russia and Ukraine regarding the safe passage of grain exports and […]
by Currency Hedger
- 0 Comments
- 1 month ago
Commodities
Palm Oil Extends Gains as Malaysian Markets Reopen
Malaysian palm oil futures jumped near 2% to near MYR 4,900 per tonne, extending the previous session’s rally and hitting a one-week high as traders returned from a holiday. Sentiment was lifted by firmer edible oils on the Dalian and Chicago exchanges, along with a weaker ringgit. Stronger crude oil prices also provided support amid […]
by Currency Hedger
- 0 Comments
- 1 month ago
Commodities
Soybeans Hit Nearly 3-Year High
Soybean futures climbed above $12.8 per bushel, hitting their highest level in almost three years as the Trump administration’s latest biofuel policy boosted expectations for soybean demand. The EPA granted 1.76 billion renewable fuel credits in small-refinery exemptions for the 2025 compliance year, nearly double its earlier estimate. However, the agency plans to shift the […]
by Currency Hedger
- 0 Comments
- 1 month ago
Commodities
Corn Extends Rally as US Crop Concerns Mount
Corn futures climbed further above $5.1 per bushel, reaching a fresh high since July 2023 as mounting concerns over US crop prospects and tightening global supplies continued to support prices. The USDA cut its 2026 US corn yield forecast by 2.3 bushels per acre to 180.7, while the Pro Farmer Crop Tour found that extreme […]
by Currency Hedger
- 0 Comments
- 1 month ago
Commodities
Falling ICE Inventories Boosted Arabica Coffee Prices
December arabica coffee (KCZ26) closed up +3.20 (+1.03%) on Friday, and November ICE robusta coffee (RMX26) closed down -26 (-0.73%). Coffee prices settled mixed on Friday as they consolidated above Thursday’s lows. Arabica has support on tight supplies after ICE arabica coffee inventories fell to a 27-year low on Friday. Robusta coffee is under pressure […]
by Currency Hedger
- 0 Comments
- 1 month ago
Commodities
Cocoa Prices Surged on West African Crop Risks
December ICE NY cocoa (CCZ26) closed up +475 (+7.69%) on Friday, and September ICE London cocoa #7 (CAU26) closed up +385 (+8.77%). Cocoa prices soared for a second straight day on Friday and posted 11-month highs. Concerns about the quality of this year’s West African cocoa crops are pushing cocoa prices sharply higher. The lack […]
by Currency Hedger
- 0 Comments
- 1 month ago
Commodities
Sugar Prices Retreated on Long Liquidation Pressures
October NY world sugar #11 (SBV26) closed down -0.63 (-3.46%) on Friday, and October London ICE white sugar #5 (SWV26) closed down -9.90 (-1.89%). Sugar prices gave up an early advance on Friday and sold off sharply, as weakness in the Brazilian real prompted long liquidation in sugar futures. The real (^USDBRL) fell to a […]
by Currency Hedger
- 0 Comments
- 1 month ago
Commodities
Cotton Saw Profit Taking Pressure to Close the Week
Cotton futures faced pressure to close the week with Friday losses of 19 to 114 points across the board. December still held up for a weekly gain of 303 points. Crude oil was down 9 cents per barrel, with the US dollar index $0.533 higher. Commitment of Traders data showed managed money adding another 17,173 […]
by Currency Hedger
- 0 Comments
- 1 month ago
Commodities
Wheat Extended Rally to 3-Year Highs into the Weekend
The wheat complex extended the move to 3-year highs for the winter wheats into the weekend. Chicago SRW contracts rallied 10 ½ to 24 ¼ cents across the board on Friday, with September 85 ½ cents higher on the week. KC HRW futures saw gains of 10 to 24 ¼ cents in the front months, […]
by Currency Hedger
- 0 Comments
- 1 month ago
Commodities
Soybeans Rallied with the Products on Friday
Soybeans posted 14 to 30 cent gains across most contracts on the Friday session. September was up 51 ¼ cents on the week, as November rallied 48 ½ cents. The cmdtyView national average Cash Bean price was up 20 1/2 cents at $12.53 3/4. Soymeal futures were $1 to $8.10 higher on the day, led by the front months, […]
by Currency Hedger
- 0 Comments
- 1 month ago