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.
Favorable weather conditions helped cocoa, cotton and frozen concentrated orange juice and citrus to close higher last week.
La Niña and winterkill hit stocks of U.S. wheat. Cocoa's on the rise and is on demand, while sugar closed lower this week despite the cheaper...
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.
US crop prices continue to be volatile due to several factors like the weather, and exports from other countries.
Corn moved on from its October-low but it's still not enough to reach its summer high.
Reports may have underestimated the demand for cotton.