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USDA reports predicted an increase in wheat production that would boost supplies in the world market, putting the U.S. market under pressure.
The market remains concerned about the US and international growing weather.
While China may be the largest producer of cotton, the US may be the largest exporter.
Cotton export demand has faded in the last couple of weeks, but the overall demand remains good.
Palm oil could be a relatively weak performer for the next couple of months as spreads between this market and the competing vegetable oils return to...
There is less production in Brazil this year due to the drought in northeast Brazil. Production ideas range from 45 to 50 million bags.
China has been buying US Cotton to blend with their own production.
World markets were mostly stable again last week. US futures markets moved lower and are showing the potential to move even lower into the new year.
US domestic markets remain mostly quiet, but reports indicate that supplies in temporary storage are disappearing.
The world market has not worked lower with the US markets as reports indicated steady prices in Europe and Russia last week.