Florida fruit harvesting makes for a higher orange juice production this week. Palm oil closed higher despite the short week due to Malaysian elections.
Favorable weather pushes for an increase in wheat production. Orange juice, coffee and sugar stocks remain consistently high in the weekly charts.
Trade wars between the US and China hurt crops as futures remain volatile despite closing high on wheat, palm oil, vegetable oil and rice.
Thanks to USDA Perspective Plantings, corn and soybeans closed higher this week. Despite a drop, cotton and sugar remain unfazed.
More soybean and soybean meals were sold last week in anticipation of China’s retaliation against the Trump administration’s trade tariffs.
Due to the friendly weather, charts reflect an uphill trend for cocoa, coffee and sugar futures. Corn and orange juice remain unchanged since last week.
Stocks of US wheat took a turn, attributing it to the winter season and La Niña. Canada's wheat stocks look promising, making the most out of...
Increased wheat trade was observed in Chicago but Minneapolis' market closed lower. Production remains steady despite consistently low demands.
Increased sugar stocks offset a dip in the trade market of wheat, corn and oats. Changes in production and usage predict accountability in the next months.
Sub-freezing temperatures drove the US wheat markets while demand remains strong for oats and corn.