Cocoa prices are attracting renewed buying interest as heavy rainfall in the Ivory Coast disrupts the movement of cocoa beans to collection centres, raising concerns over near-term export availability. December New York cocoa (CCZ26) advanced 3.48%, gaining 165 points, while December London cocoa #7 (CAZ26) rose 3.44%, adding 125 points. The recovery follows several weeks […]
Sugar prices are attracting renewed buying interest as stronger crude oil prices improve the economics of ethanol production and raise the possibility that mills in major producing countries could divert more sugarcane towards biofuel rather than sugar. The latest advance follows a period of considerable pressure from Brazilian currency weakness and expectations of stronger Indian […]
Cotton futures finished Wednesday’s session mostly lower, with contracts ranging from unchanged to 17 points down as traders assessed the latest US production estimates, declining cotton output and physical-market indicators. December 2026 cotton settled at 78.52 cents per pound, down 17 points, while March 2027 closed at 82.39 cents, down 12 points. May 2027 finished […]
London cocoa futures (COCOA.EU) are down 2.5% and are extending a sell-off that has now lasted for around three weeks, falling to their lowest levels in roughly four months. Prices are being pressured by rising ICE inventories, fund selling and announced reductions in cocoa weightings across major commodity indices, although medium-term support remains in place […]
Agricultural commodity markets are showing mixed performance, with palm oil, wheat and oats leading gains while cocoa records the largest decline across the sector. Palm oil has advanced by 2.70%, making it the strongest performer in the latest market snapshot. Wheat has also moved higher, gaining 1.87%, while oats added 1.76%. On the downside, cocoa […]
Wheat futures are trading higher across all three US exchanges, supported by spillover strength from corn and soybean markets. The gains come despite a more comfortable global supply outlook in the latest USDA World Agricultural Supply and Demand Estimates (WASDE) report, which raised both world production and ending stocks. Chicago SRW and Kansas City HRW […]
US corn futures rallied across the board on Tuesday, with nearby contracts leading the advance after the latest USDA Crop Production and WASDE reports revealed a larger-than-expected reduction in US production and ending stocks. December 2026 corn gained 9¾ cents to close at $4.49 per bushel, while March 2027 advanced 9¼ cents to $4.61½. The […]
US soybean futures rallied sharply on Tuesday, with prices climbing between 14 and 42¼ cents across the board after a supportive USDA supply and demand report reduced projected US ending stocks despite a modest increase in production. The strongest gains were concentrated in the nearby contracts, reflecting an improved outlook for US export demand and […]
US cattle futures extended their rally on Tuesday, with live cattle and feeder cattle contracts posting strong gains across the board. Live cattle futures advanced between $2.22 and $3.62 during the session, while feeder cattle contracts gained between $2.00 and $4.45, reflecting continued buying interest across the livestock complex. December 2026 live cattle settled at […]
Coffee futures remained under pressure on Tuesday, extending the previous session’s losses as a weaker Brazilian real, rising export volumes and expectations of larger global supplies weighed on market sentiment. December 2026 New York arabica coffee fell to a seven-week low, settling at 274.20 cents per pound, down 2.20 cents or 0.80%. January 2027 London […]