Soybean futures are currently holding close to the $13.25 per bushel area as traders balance strong U.S. harvest progress against weather disruptions, uncertain U.S.-China trade relations and expectations for larger South American production. The soybean market is entering a particularly important period, with the U.S. harvest already running ahead of its normal pace while traders […]
Wheat futures are currently under pressure across Chicago SRW, Kansas City HRW and Minneapolis spring wheat, with the latest price action reflecting a combination of seasonal supply expectations, improving U.S. harvest progress and uncertainty surrounding the pace of winter wheat planting. At the same time, weather conditions across the U.S. Plains, a projected decline in […]
Live cattle markets are currently facing a mixed fundamental picture, with futures under pressure even as wholesale beef values strengthen and federally inspected slaughter remains well below last year’s levels. The combination of tighter cattle numbers, reduced slaughter and stronger boxed beef prices is providing underlying support to the cash market, while weaker futures and […]
Coffee prices are currently under significant pressure as expectations for abundant global supplies continue to outweigh concerns over tight inventories and potential weather risks. December ICE arabica coffee has fallen sharply to around three-month lows, while November ICE robusta has also weakened substantially as rising exchange inventories reinforce the growing supply narrative. The latest move […]
Cocoa prices are currently attempting to stabilise after a sharp correction from the highs reached around the turn of September, with renewed short covering emerging as traders assess the potential impact of drier weather on the developing 2026/27 West African crop. December ICE NY cocoa is currently trading around the recent recovery area after settling […]
Sugar markets are currently balancing two opposing forces: near-term demand weakness and improving physical availability on one side, against growing production risks in Brazil, India and Thailand on the other. NY world sugar #11 has recently come under pressure after reaching a multi-month high earlier in September, but prices recovered as concerns over excessive Brazilian […]
Key takeaways Market Situation Since the beginning of this year, orange juice, coffee, and US natural gas remain sharply lower. Precious metals, except gold (which posts a minimal YTD decline), remain low. A large portion of commodities show rather negative signals from MACD. Source: XTB From a slightly shorter-term perspective (1 year), highly overbought markets […]
One word keeps coming up in connection with the Nasdaq: “expensive.” And it’s hardly surprising, because when you look at the trailing price-to-earnings ratio, which is nearing 31, and add to that the price-to-sales ratio and EV/EBITDA, the picture does indeed look challenging. The problem is that the market isn’t always valued through the lens […]
Silver price (XAG/USD) inches lower after opening at a bullish gap, trading around $66.00 per troy ounce during Asian hours on Tuesday. Non-yielding Silver remains under pressure as hawkish remarks from Federal Reserve (Fed) officials have reinforced expectations for additional US interest rate hikes. Musalem flags need for earlier, incremental hikes as inflation risks stay […]
The AUD/USD pair gains ground to near 0.7120 during the early European trading hours on Tuesday. The Australian Dollar (AUD) strengthens against the US Dollar (USD) following Reserve Bank of Australia (RBA) Governor Michele Bullock’s speech. Traders brace for the Fedspeak later on Tuesday for fresh impetus. RBA Governor Michele Bullock said on Tuesday that […]