Corn futures are facing continued pressure as seasonal harvest progress, heavy speculative liquidation and a slower export commitment pace weigh on the market. December corn has experienced a substantial weekly decline, while managed money has continued reducing its large net-long position. A private export sale to Mexico provides some near-term demand support, but the broader […]
Soybean futures are facing renewed pressure as seasonal harvest activity, shifting speculative positioning and a strong export commitment pace shape the near-term market outlook. November soybeans have experienced a significant weekly decline, while soybean meal remains under pressure despite historically strong speculative positioning. Soybean oil is providing relative strength within the complex. The market is […]
The wheat complex remains under pressure as weak US export demand and sizeable speculative positioning weigh on the market, while potential reductions in Ukrainian wheat acreage provide a longer-term supply consideration. Chicago SRW wheat is holding relatively firm on the latest session, but the broader weekly tone remains weaker. Kansas City HRW wheat is showing […]
Cattle futures are facing renewed selling pressure as feeder cattle lead the downside and traders balance softer futures against firm cash cattle prices. Live cattle remain supported by cash trade around elevated levels, while wholesale beef values are mixed and slaughter numbers remain below the comparable level from last year. Managed-money positioning also remains significant, […]
Sugar prices are gaining significant momentum as weather risks across the major producing regions combine with increasingly constructive expectations for the global supply balance. New York world sugar #11 is trading at its highest level for the nearest futures contract in around 1½ years, while London white sugar has also strengthened sharply. Fund buying is […]
Cotton futures are showing renewed strength as the market attempts to recover from recent weakness, with contracts moving higher while traders assess speculative positioning, export commitments, certified stocks and the wider influence of crude oil and the US dollar. The latest move has provided some support across the futures curve, although the broader market remains […]
Germany’s 10-year Bund yield fell further below 3.45% after touching a 17-year high, as the sharp selloff in European government bonds paused and investors weighed demand for safe-haven assets against expectations for further ECB rate hikes through 2027. French bond yields remained near a more than two-decade high amid concerns over public finances, while political […]
Italy’s 10-Year BTP yield traded around 4.7%, easing from its highest level in three years of 4.74%, as traders assessed elevated inflation against Europe’s fiscal backdrop. Eurozone inflation rose to its highest level in three years, as anticipated, supporting bets of a third ECB rate hike by year-end. However, mounting concerns over debt affordability and […]
The US labour market delivered a significantly weaker employment report in September, with nonfarm payroll growth falling well short of expectations while the unemployment rate increased and wage growth slowed. The US economy added just 29,000 jobs in September 2026, compared with market expectations for 90,000 and following a downwardly revised increase of 133,000 in […]
New orders for US manufactured goods edged up by 0.1% month over month in August 2026, following a downwardly revised 0.8% increase in July and matching market forecasts. Non-durable goods orders rose by 0.3%, after a 0.7% increase previously, mainly supported by electrical equipment, appliances, and components (1% vs 0%); primary metals (1.2% vs. 2.1% […]