Soybeans up 10.88% YTD while cocoa crashes 65.74% YoY
Agricultural commodity prices are moving in different directions. Some crops are rising steadily. Others are seeing sharp yearly losses. The latest data shows clear winners and big laggards across the global farm market.
Soybeans, wheat, and corn price trend
Soybeans are trading at 1141.11 USd per bushel. They are up 0.14% today. Weekly gains stand at 0.80%. In 1 month prices have climbed 7.62%. Year to date soybeans are up 10.88%. On a yearly basis they have gained 11.53%.
Wheat is priced at 564.99 USd per bushel. It is down 0.44% today. But it has gained 3.38% this week. Over 1 month it is up 8.23%. Year to date wheat has risen 11.54%. On a yearly basis it is nearly flat at -0.09%.
Corn is trading at 427.3782 USd per bushel. It is down 0.26% today. Weekly it is up 0.14%. Monthly it is slightly down 0.15%. Year to date corn has fallen 2.87%. On a yearly basis it is down 10.59%.
Oat stands at 327.7629 USd per bushel. It is down 0.45% today. But it has gained 9.61% in 1 month. Year to date it is up 8.43%. On a yearly basis it is down 9.45%.
The grain market shows strength in soybeans and wheat. Corn remains under pressure on a yearly basis.
Coffee, suga, andr cocoa price crash
Coffee is trading at 284.68 USd per pound. It is up 0.16% today. But it has dropped 19.83% in 1 month. Year to date it is down 18.11%. On a yearly basis it has fallen 23.82%.
Sugar stands at 13.91 USd per pound. It is down 0.60% today. It has lost 5.91% in 1 month. Year to date it is down 7.29%. On a yearly basis it has declined 32.52%.
Cocoa is priced at 3106.94 USD per ton. It is up 0.94% today. But the larger trend is weak. It has dropped 28.61% in 1 month. Year to date it is down 48.82%. On a yearly basis cocoa has crashed 65.74%.
Orange Juice is at 178.46 USd per pound. It is up 1.68% today. Yet it is down 17.14% in 1 month. Year to date it is down 11.44%. On a yearly basis it has fallen 38.34%.
Soft commodities are clearly under heavy pressure. Cocoa shows the sharpest yearly fall among major crops.
Palm oil, milk, butter and edible oils outlook
Palm Oil is trading at 4055.00 MYR per ton. It is almost flat today at 0.02%. It has dropped 4.00% in 1 month. Year to date it is nearly unchanged at 0.12%. On a yearly basis it is down 11.09%.
Canola is priced at 689.68 CAD per ton. It is down 0.28% today. It has gained 6.58% in 1 month. Year to date it is up 17.02%. On a yearly basis it has risen 6.34%.
Rapeseed stands at 487.37 EUR per ton. It is down 0.84% today. Year to date it has gained 7.64%. On a yearly basis it is down 8.21%.
Sunflower Oil is at 1525.80 INR per 10 kg. It is down 0.34% today. Year to date it has climbed 5.80%. On a yearly basis it is up 10.36%.
Milk is trading at 15.02 USD per cwt. It is almost flat today at 0.07%. Year to date it is down 1.31%. On a yearly basis it has fallen 25.64%.
Butter is priced at 4750.00 EUR per ton. It is up 4.97% today. It has gained 17.00% in 1 month. Year to date it is up 14.46%. But on a yearly basis it is down 33.56%.
Cheese stands at 1.6001 USD per pound. It is up 0.57% today. It has gained 13.40% in 1 month. Year to date it is up 10.50%. On a yearly basis it is down 13.18%.
Rice is at 9.8600 USD per cwt. It is down 1.25% today. It has dropped 9.83% in 1 month. Year to date it is up 2.76%. On a yearly basis it is down 25.42%.
Rubber is trading at 199.50 US cents per kg. It is up 2.36% today. Year to date it has gained 10.89%. On a yearly basis it is slightly down 1.34%.
Cotton is priced at 66.213 USd per pound. It is up 1.09% today. Year to date it has gained 3.12%. On a yearly basis it is up 1.65%.
Wool stands at 1693.00 AUD per 100 kg. It is flat today. Year to date it has risen 9.86%. On a yearly basis it has surged 42.99%.
Lumber is trading at 565.00 USD per 1000 board feet. It is down 0.96% today. Year to date it is up 4.92%. On a yearly basis it is down 11.57%.
Potatoes are priced at 3.10 EUR per 100 kg. They are flat today. Year to date they have crashed 52.31%. On a yearly basis they are down 87.65%.
Overall the agricultural commodities market shows mixed momentum. Grains are steady to strong. Edible oils are stable. Dairy is mixed. Soft commodities like cocoa, sugar and coffee are facing deep yearly losses. Volatility remains high across global farm markets.
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