Commodities
Commodities, Market Analysis, Technical Analysis
Corn Price Forecast: Futures Fall to Nine-Week Low as Record US Crop and Weak Exports Weigh on Prices
Corn futures have fallen to around $4.60 per bushel, reaching their lowest level in nine weeks as favourable harvest weather, expectations of record US production and weaker-than-expected export demand increase pressure on prices. Although recent rainfall temporarily disrupted fieldwork across parts of the Midwest, drier conditions expected through the end of the week could accelerate […]
by Currency Hedger
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- 4 days ago
Commodities, Technical Analysis
Wheat Price Forecast: Futures Rebound to $6.62 as Russia-Ukraine Escalation Threatens Black Sea Grain Supplies
Wheat prices have rebounded to around $6.62 per bushel, recovering from a two-month low recorded on October 16 as renewed Russia-Ukraine tensions revive concerns over global grain supplies. The escalation has increased uncertainty surrounding Black Sea export routes, with traders assessing whether further attacks on infrastructure could disrupt shipments from two of the world’s important […]
by Currency Hedger
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- 5 days ago
Commodities, Technical Analysis
Soybean Price Forecast: Futures Rise to 1,264.66 as Annual Gains Reach 22.50% Despite Monthly Weakness
Soybean futures are trading at 1,264.66, gaining 3.41 points, or 0.27%, as the market attempts to stabilise following a monthly decline of 4.83%. Despite the recent pullback, soybeans remain significantly higher over the past year, with prices up 22.50%. The fourth-quarter forecast of 1,276.49 points to modest further upside from current levels, although demand conditions, […]
by Currency Hedger
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- 5 days ago
Commodities, Market Analysis, Technical Analysis
Lumber Price Forecast: Futures Fall 1.02% to 531.04 as Housing Weakness Weighs on Market Outlook
Lumber futures are trading at 531.04 after falling 1.02% in the latest session, extending a period of weakness that has left prices down 3.18% over the month and 16.01% over the past year. The decline highlights continued pressure on the lumber market, where demand is closely linked to residential construction, renovation activity, mortgage affordability and […]
by Currency Hedger
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- 5 days ago
Commodities, Technical Analysis
Palm Oil Price Forecast: Malaysian Futures Hold Above MYR 4,750 as Exports Surge and Indonesia’s Biodiesel Policy Tightens Supply Outlook
Malaysian palm oil futures are holding above MYR 4,750 per tonne, remaining near a three-week high as robust export demand, stronger edible oil prices in China and Indonesia’s biodiesel policy support market sentiment. Shipments from Malaysia accelerated sharply during the first half of October, while festival-related buying from India, the world’s largest palm oil importer, […]
by Currency Hedger
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- 5 days ago
Commodities, Market Analysis, Metals, Technical Analysis
Baltic Dry Index Hits Lowest Since June as Weak Chinese Steel Demand Pressures Shipping Rates
The Baltic Dry Index has fallen to its lowest level since June 30, extending its decline to ten consecutive sessions as weak iron ore demand, subdued Chinese steel market sentiment and ample vessel availability weigh on dry bulk shipping rates. The benchmark closed at 2,515 points on Friday, down approximately 1.3% on the day and […]
by Currency Hedger
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- 1 week ago
Commodities, Market Analysis, Technical Analysis
Energy Markets Outlook for Monday: Asian LNG Surges 12.79% as Crude Oil and Brent Rally
Energy markets head into Monday with a sharp divide between international fuel prices and US natural gas. Liquefied natural gas (Japan-Korea) leads the reported gains with a 12.79% surge, while crude oil rises 3.95% and Brent advances 3.56%. US natural gas moves in the opposite direction, falling 3.68% as domestic weather and supply conditions continue […]
by Currency Hedger
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- 1 week ago
Commodities, Market Analysis, Technical Analysis
Agricultural Commodities Diverge as Coffee Jumps 3.60% While Cocoa and Wheat Extend Losses
Agricultural commodity markets are showing divergent price action, with coffee leading gains at 3.60% and palm oil rising 1.74%, while cocoa, wheat and rubber remain under pressure. The contrasting moves highlight how weather risks, crop supply expectations, export demand and inventories are shaping individual markets rather than driving a uniform move across agricultural commodities. The […]
by Currency Hedger
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- 1 week ago
Commodities, Market Analysis, Technical Analysis
Corn Prices Slide as Fund Liquidation Accelerates Despite Stronger US Export Sales
Corn futures remain under pressure heading into the new week, with December contracts falling 5.5 cents over the week despite a sharp improvement in weekly export sales. Fresh purchases from Japan, Mexico and South Korea provide evidence of continued international demand, but aggressive fund liquidation and seasonal US harvest pressure are limiting price support. Traders […]
by Currency Hedger
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- 1 week ago
Commodities, Market Analysis, Technical Analysis
Soybean Prices Face Harvest Pressure as China Buying Rises and Funds Reduce Bullish Bets
Soybean futures remain under pressure heading into the new week, with November contracts recording a weekly loss despite fresh Chinese purchases supporting export demand. USDA-confirmed sales to China and additional business to unknown destinations provide a bullish counterweight to seasonal harvest pressure, while fund liquidation and weakness in soybean meal and oil complicate the outlook. […]
by Currency Hedger
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- 1 week ago