Wheat futures moved lower across all three major US exchanges heading into the weekend, with Chicago SRW, Kansas City HRW and Minneapolis spring wheat futures all under pressure as traders reduced risk and speculators shifted toward more defensive positioning. Weak US export sales, slower-than-average shipment commitments and renewed fund selling added to the bearish tone, […]
Corn futures weakened on Friday as the market absorbed pressure from lower soybean and wheat prices, falling crude oil and a disappointing US export picture ahead of the highly anticipated meeting between US President Donald Trump and Chinese President Xi Jinping. December 2026 corn closed at $5.27 1/2, down 3 cents, while March 2027 corn […]
Soybean futures sold off sharply on Friday, with contracts falling 9 to 17 cents across the board, as traders reduced exposure following a significant build-up in speculative long positions and the market focused on the uncertain outlook for US-China soybean trade, Chinese inventories and large US export commitments. November soybeans held onto a 7-cent weekly […]
Coffee futures recovered from early losses on Friday as a weaker US dollar triggered short covering, but the broader coffee market remains under pressure from record global production forecasts, a projected 2025/26 surplus, strong Brazil and Vietnam exports, improving growing conditions and expectations for another large 2026/27 crop. December ICE Arabica coffee closed 4 points […]
Cocoa futures suffered another sharp sell-off as traders focused on abundant near-term supplies, surging Ivory Coast production and elevated ICE warehouse inventories, overwhelming longer-term concerns surrounding West African crop conditions and the potential impact of El Niño on the 2026/27 cocoa season. December ICE New York cocoa closed at 5,784, down 207 points or 3.46%, […]
Sugar prices fell to three-week lows on Friday before recovering slightly, with New York sugar settling lower while London white sugar finished marginally higher as demand concerns continued to weigh on the market. October NY World Sugar #11 closed at 17.39 cents per pound, down 0.06 cents or 0.34%, while December London ICE White Sugar […]
Today Markets Analysis Cotton futures extended their weekly decline on Friday as selling pressure returned across the front months, with weaker export momentum, reduced managed-money exposure and falling crude oil prices adding to the bearish tone. October 2026 cotton futures closed at 77.38 cents per pound, down 103 points, while December cotton settled at 81.15 […]
Gold is up around 1% today, trading near $4,380 per ounce. Following an almost 2% rebound on Thursday, the precious metal has erased the losses triggered by the Federal Reserve’s decision and Kevin Warsh’s press conference. Oil is pulling back to just below $103 per barrel today, while gains in U.S. Dollar Index futures have […]
There has been a remarkable turnaround for markets this week. At the start of the week, fears about oil price spikes, rate hikes and a bond market rout caused a surge in volatility. However, at the end of the week there has been a remarkable turnaround. The S&P 500 is poised to eke out a […]
Facts: Recommendation: Trade: Short position on AUDUSD at market price Target: 0.7067, 0.7000 Stop: 0.7165 Opinion: AUDUSD has been trading in an upward trend recently, but the pair may be experiencing a trend reversal. Looking at the H4 interval, one can see that the price bounced off the key 0.7130 resistance area. The green area […]