In specific instances, food prices are starting to ease, but the threat of global inflation could tamp down demand. The push-pull forces of supply and demand will continue to weigh...
AT A GLANCEPrices for organic soybeans in the U.S. rose to $40.52/bushel in May 2022, up nearly 110% from January 2021’s $19.37/bushelSince the start of the 2021/22 marketing...
Commodities are feeling the pangs of a market correction, but as seasoned traders are well aware, it could just be the normal market playing itself out after rising commodity...
COT soft commodities speculator bets were overall slightly higher this week as six out of the eleven soft commodities markets we cover had higher positioning this week while the...
Rice was narrowly mixed yesterday, with nearby months a penny lower and deferred months half a cent higher.
Rice was higher last week and trends on the weekly charts are up. The market acts as if the downside has been exhausted for now but traders need to find a reason to send prices...
Type | Daily | Weekly | Monthly |
|---|---|---|---|
| Moving Averages | Strong Buy | Strong Buy | Strong Buy |
| Technical Indicators | Strong Buy | Strong Buy | Strong Buy |
| Summary | Strong Buy | Strong Buy | Strong Buy |