Manufacturers tend to consume a lot of energy for their production, resulting in steep costs in electricity.
The market remains concerned about the US and international growing weather.
Even as consumers cancel their orders, Tesla CEO Elon Musk speeds up the production of the Model 3 electric car due to strong demand.
China imported just over 486,000 tons of rice in May and has now imported 1.815 million tons for the calendar year.
Weekly news in the agriculture market: World rice production was increased to 483.66 million tons and world ending stocks for the coming year were increased to 122.52...
Nintendo ended the production of the New 3DS due to the upcoming launch of the New 2DS XL.
The Robusta market is relatively strong compared to Arabica.
FCOJ closed lower last week, but still, could be trying to find a short term bottom.
The weekly charts still show overall downtrends, but daily charts are showing the potential for a short-term rally from current levels.
US wheat prices will probably move to the higher end of the world price range.