Markets for products such as sugar, coffee, rice, vegetable oil, and wheat are constantly changing. Trading futures and options involve a substantial risk of loss and...
Palm oil continued to move higher last week on ideas that demand could improve and as the US dollar held strong. Palm oil production ideas remain...
Meanwhile, Brazil has a big production of coffee and there is a slow start to the harvest season for sugar in the US.
The US government implied last week that negotiations on a complete deal could be wrapped up this month.
Rainy season could impact coffee quality and yields, while sugar prices closed higher again in New York.
Export demand for cotton needs to improve for prices to rally while coffee futures were high last week.
USDA report showed higher-than-expected quarterly and annual wheat production, sending the wheat markets lower for the week. Vegetable oils edged higher.
Coffee futures are under selling pressure on ideas of strong production. Wheat and corn edged higher for the week while other crops were lower.
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.