Sugar Prices Soar on Short Covering, El Niño to Persist
On Thursday, US sugar #11 rose sharply on fund short covering as traders vie for year-end positioning as experts see El Niño worsening next year. Sugar futures for March delivery
On Thursday, US sugar #11 rose sharply on fund short covering as traders vie for year-end positioning as experts see El Niño worsening next year. Sugar futures for March delivery
On Wednesday, oil prices retreated after shipping companies announced they might return to traversing the Red Sea thanks to the US-led task force. The US West Texas Intermediate (WTI) crude
On Tuesday, the price of lean hogs plummeted following forecasts of increased swine production and exports in Brazil for 2024. The Chicago Mercantile Exchange (CME) lean hog futures for February
On Monday, oil prices elevated on fears that Houthi will escalate its Red Sea attacks despite Angola’s OPEC+ exodus raising 2024 output guidance. US benchmark West Texas Intermediate (WTI) crude
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