Key takeaways Commodities Market Overview The past month brought a significant correction across commodities markets, outside the energy group. Sugar, live cattle, and orange juice also gained value. Source: XTB None of the commodities currently appear extremely overbought when looking at technical indicators like RSI, while many of them show a bearish bias looking at […]
Wheat futures are under pressure across the major US exchanges as weak export demand continues to weigh on the market, while slower winter wheat planting and expectations for lower September 1 stocks provide some underlying support. Chicago SRW, KC HRW and Minneapolis spring wheat are all trading lower, with the market now focused on whether […]
Malaysian palm oil futures are under renewed pressure, trading below MYR 4,650 per tonne and reaching an eight-week low as weaker edible oils and declining export demand weigh on the market. The latest shipment estimates indicate that Malaysian palm oil exports have fallen sharply during September, while production has accelerated, creating the prospect of substantially […]
Cotton futures are holding a firmer tone as improving US-China trade conditions provide some support to the demand outlook, while the advancing US harvest continues to bring additional physical supply toward the market. Futures closed higher across the board, with gains ranging from 4 to 71 points, while crude oil also strengthened and the US […]
Sugar markets are facing competing forces as near-term selling pressure from Brazil and weaker demand signals offsets growing concerns over global production for the 2026/27 season. October NY world sugar #11 recently settled at 18.57 cents per pound, while the forward market remains sensitive to developments in crude oil, the Brazilian real and weather across […]
Coffee prices have rebounded sharply, with December arabica climbing around 3.64% and November robusta gaining approximately 1.34% as concerns over Brazil’s next crop trigger fund short covering. Arabica has moved to a two-week high, while robusta has reached a one-week high as traders reassess the weather outlook during a critical stage of Brazil’s coffee production […]
Cocoa prices are facing renewed pressure as strong supplies from the Ivory Coast and rising exchange inventories outweigh concerns about the quality and size of the next West African crop. December New York cocoa is trading around 0.53% lower, while December London cocoa is down approximately 0.71%, with both markets retreating from recent highs. The […]
US soybean futures have fallen below $12.90 per bushel, reaching a four-week low as uncertainty over Chinese demand weighs on the market. The latest US-China trade arrangement includes tariff reductions for several US agricultural products, but soybeans remain excluded, leaving US supplies facing an additional tariff and reducing the immediate incentive for Chinese buyers. The […]
US corn futures have fallen to a three-week low near $5.20 per bushel as broad selling across the grain complex intensifies. Weakness in soybeans is spilling into corn after China excluded US soybeans from proposed tariff reductions, prompting traders to reduce positions across agricultural markets. Corn itself is included in the proposed tariff reductions, providing […]
Live cattle futures are facing renewed pressure as feeder cattle prices weaken and US cattle slaughter remains below year-ago levels. The latest cash market has yet to develop, while relatively light trading activity is leaving futures increasingly sensitive to wholesale beef values, feedlot showlists and expectations for near-term slaughter. At the same time, boxed beef […]