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Weekly charts closed strongly for palm oil and vegetable oils as stock and demand rise due to a trade shift in the US-China dispute.
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...
Cotton suffers from poor export sales report from USDA, while coffee, sugar and cocoa closed higher.
Prices of wheat, corn and oats have dipped in the U.S. but things are looking good for sugar, cotton and orange juice.
US crop prices continue to be volatile due to several factors like the weather, and exports from other countries.
Reports may have underestimated the demand for cotton.
The grain markets in the U.S. continue to be volatile with wheat prices down while others like corn improve.
Strong sales figures reflect the good quality of US rice this year, as well as its competitive prices.