Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets Soybean futures are under pressure below $12.90 per bushel, reaching a one-week low as the latest US Department of Agriculture (USDA) outlook points to higher production and larger ending stocks for the 2026/27 season. The revisions reinforce expectations of ample US supplies, although stronger export […]
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets Corn futures remain under pressure below $4.90 per bushel as the market absorbs a more bearish US Department of Agriculture (USDA) outlook for the 2026/27 season. Higher yield expectations, increased production and rising projected ending stocks are reinforcing concerns that US supplies could remain abundant, […]
US corn futures face modest pressure as traders assess export demand, harvest weather and expectations for the upcoming USDA Crop Production and WASDE reports. December futures settle at $5.00¼ per bushel, while the national average cash corn price slips to $4.62¾. Weekly export sales improve 43.6% from the previous week, offering a measure of support. […]
US wheat futures face renewed selling pressure after early gains fade, with Chicago soft red winter, Kansas City hard red winter and Minneapolis spring wheat contracts all closing lower. The pullback comes despite a relatively strong weekly export sales reading for the current marketing year and a substantial purchase by a Taiwanese flour mill. US […]
Soybean markets face pressure from weaker futures, subdued US export sales and expectations of a slightly larger domestic crop. November soybeans close at $12.87½ per bushel, while the national average cash price declines to $12.30. Soymeal futures also weaken, although soybean oil moves higher, highlighting divergent trends across the soybean complex. Weather conditions remain an […]
US cattle markets are showing signs of near-term pressure as live cattle and feeder cattle futures weaken, wholesale beef prices decline and export shipments fall to their lowest level in three weeks. Uncertainty in the cash market is adding to the cautious tone, with no reported sales at the latest Fed Cattle Exchange auction and […]
Cotton futures are showing a mixed market structure as near-term contracts soften while deferred contracts hold modest gains. The market is balancing a potential weather-related disruption to the US harvest against a weekly decline in export sales, shifting energy prices and movements in the US dollar. While overseas buying remains an important source of support, […]
Coffee futures remain under pressure as expanding supplies from Brazil and Vietnam challenge weather-related production risks and tightening arabica inventories. Both arabica and robusta contracts have retreated after recent rallies, with export growth and forecasts for record global production reinforcing expectations of a better-supplied market. However, potential El Niño disruption to flowering and crop development […]
March NY world sugar #11 (SBH27) closed down -0.68 (-3.26%) on Thursday, and December London ICE white sugar #5 (SWZ26) closed down -14.60 (-2.63%). Sugar prices settled sharply lower on Thursday as fund profit-taking emerged following the recent two-week rally. On Wednesday, NY sugar climbed to a 19-month nearest-futures high and London sugar to a 22-month […]
Cocoa futures are finding support from concerns over continued rainfall in Côte d’Ivoire, where wet conditions have disrupted transport infrastructure and slowed deliveries to export ports. December ICE New York cocoa futures gained 1.49% to settle higher, while December ICE London cocoa rose 1.41%, as weather-related supply risks offset pressure from rising exchange inventories and […]