Category: Commodity News

On Wednesday, wheat futures lost ground as Canada’s production spiked on improved soil moisture conditions. At the time of writing, the price of the US wheat contract for March delivery plummeted by 0.21% to $760.40

On Monday, raw sugar futures hit their highest level in six years amid tight supply worries on India’s weak production outlook. The price of US sugar #11 contracts rose by 1.15% to $0.21 per pound,

On Sunday, Pakistan’s Finance Ministry announced to lift diesel and gasoline prices by 35 rupees or $0.14 a liter. This decision came after the nation’s currency value dropped by 12.00% last week following the price

On Friday, natural gas rose as Freeport LNG resumed operations after it started to receive small amounts of energy. Natural gas for March delivery went up by 1.69% to $2.88 per million metric British thermal

On Thursday, wheat prices traded higher amid the market’s concerns about the intensification of Russia’s Ukraine invasion. In the early Asian session, the US futures for March delivery increased by 0.05% to $739.90 per metric

On Monday, Chicago Mercantile Exchange (CME) announced that cattle futures increased amid bargain buying after recent price slumps. Live cattle futures for February delivery went up by 0.24% to 157.85 cents per pound on January

On Monday, wheat rose amid higher exports in Russia due to a continuous flow of demands from domestic exporters. US wheat futures for March delivery went up by 0.45% to $725.00 per metric ton on

On Monday, soybean futures slid, marking their four-session low amid rainfall forecasts in Argentina after the drought. The soy contracts for March delivery declined by -0.83% to $1,496.50 per metric ton on January 23’s Asian