Category: Commodity News

Commodity News

Live Cattle Prices Rose as Exports Broke US Records

On Friday, live cattle prices increased when its growth broke its US record for volume and values set during 2021. Live cattle contracts for February delivery went up by 0.24% to $161.20 per pound on

TMN - Wheat
Commodity News

Wheat Prices Rose as India Extends Export Ban

On Friday, wheat prices increased as India considered extending their ban on exports as it attempted to lower domestic prices. The US wheat futures for March delivery went up by 0.17% to $756.80 per metric

China's oil imports suffer from the steep decline
Commodity News

Crude Oil Prices Rose Amid High Chinese Demands

On Thursday, crude oil prices increased due to more robust energy demands in China as it reopens from post-COVID restraints. At the time of writing, the West Texas Intermediate futures for March delivery increased by

soybean
Commodity News

Soybeans Rose amid Heavy Rains in Brazil

On Tuesday, prices of Chicago Board of Trade (CBOT) soybeans went higher as harvest slowed in Brazil due to heavy rains. Soybean futures for March delivery increased by 0.28% to $1,526.25 per metric ton in

gasoline
Commodity News

Gasoline Declined due to Russian Diesel Ban

On Monday, gasoline prices lowered caused by low global energy demand as Europe banned Russian oil products. Gasoline futures for March delivery plummeted by -0.47% to $2.31 per gallon on February 06. The US Bureau

Copper
Commodity News

Copper Rose as Las Bambas Mine Faces Shut Down

On Friday, copper rose as the Chinese-owned Las Bambas mine stopped operations in Peru amid the arrest of former President Pedro Castillo. Copper contracts for March delivery increased by 0.79% to $4.12 per pound on