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Soybeans and soybean products are expected to rally sharply this week after the United States and China reached a truce on tariffs over the weekend.
The U.S. and China reached a trade war truce during the G20 Summit, and this resulted in positive movement in various markets.
Poor petroleum futures have affected the commodities market in the past week. Cotton had improved sales in China while there are plenty of sugar supplies.
As the demand for cage-free eggs surges, more companies are shifting into breeding of cage-free chickens.
The price of sugar closed lower in New York and London due in part to weak petroleum futures. There was also reduced selling in Brazil.
President Donald Trump's tweet about meeting with Chinese President Xi triggered a rally among rice, cotton and soybean on prospects of better trade deals.
Weekly export sales of corn perform poorly while unknown destinations bought 200,000 tons of US soybeans.
Rainy season could impact coffee quality and yields, while sugar prices closed higher again in New York.
U.S. export demand for cotton has been poor in the last few weeks, while Vietnam is gearing to harvest its coffee but needs to free up...
Export demand for cotton needs to improve for prices to rally while coffee futures were high last week.