The US government says it still expects to have an agreement, but a signing ceremony by the end of the month is going to be more...
The US-China trade talks continued. Enough progress was made that the US, including the president, made noises about postponing and increase in tariffs.
Wheat and corn markets were lower for the week in response to negative USDA reports.
Demand from the mills is said to be quiet, but exports are going strong, with US prices deemed competitive in Latin America and the Caribbean Basin.
With El Nino in the forecast, Brazil could be affected by drought which could hurt its coffee production. Meanwhile, India will explore ethanol use for surplus...
Cocoa crops in the Ivory Coast are estimated at 1.985 million tons while weekly charts show a downtrend for rice crops.
Poor petroleum futures have affected the commodities market in the past week. Cotton had improved sales in China while there are plenty of sugar supplies.
Weekly export sales of corn perform poorly while unknown destinations bought 200,000 tons of US soybeans.
Wheat and soybean closed lower last week following the latest USDA reports while sugar was also down on prospects of huge world production.
Coffee futures closed strong on daily and weekly charts in New York and held support on weekly charts in London.