The agricultural market is showing mixed movement. Some crops are rising fast. Others are falling sharply. Food commodities are seeing both demand and pressure at the same time. The latest data shows strong divergence across segments.
Wheat and oats lead gains in agricultural prices
Wheat is now at 607.01 USd per bushel. It gained 0.46 percent in a day. Monthly growth stands at 5.38 percent. Year to date gain is strong at 19.20 percent. Yearly growth is 8.45 percent.
Oats are also performing well. Prices are at 371.3601 USd per bushel. It surged 2.09 percent in a day. Monthly gain is 11.48 percent. Year to date growth is 21.61 percent.
Corn is showing steady movement. It is priced at 467.6956 USd per bushel. Monthly growth is 9.24 percent. Year to date gain is 6.07 percent.
Canola is another strong performer. It is at 726.67 CAD per ton. Year to date growth is 22.92 percent. Yearly gain stands at 26.69 percent.
Coffee and cocoa prices decline sharply
Coffee is under pressure. It is priced at 293.89 USd per pound. It gained slightly in a day by 0.34 percent. But year to date it is down 15.84 percent. Yearly loss is 25.10 percent.
Cocoa is seeing a major crash. It is now at 3282.63 USD per ton. Year to date it has fallen 45.93 percent. Yearly decline is even deeper at 59.24 percent.
Orange juice is also weak. It is priced at 181.15 USd per pound. Year to date loss is 12.09 percent. Yearly decline is 33.81 percent.
Sugar is rising in the short term. It gained 3.57 percent in a day. Monthly growth is 9.70 percent. But yearly performance is still negative at 23.80 percent.
Oils dairy and other crops show mixed trends
Palm oil is gaining strength. It is at 4564.00 MYR per ton. Monthly growth is 11.43 percent. Year to date gain is 12.69 percent.
Soybeans are stable. It is priced at 1162.05 USd per bushel. Year to date growth is 12.95 percent. Yearly gain is 14.90 percent.
Rice is rising steadily. Monthly growth is 10.83 percent. Year to date gain is 17.41 percent. Cotton is also stable with yearly growth of 2.56 percent.
Milk and cheese are showing weakness. Milk is down 13.01 percent yearly. Cheese has also declined by 4.07 percent.
Sunflower oil is gaining. Year to date growth is 12.12 percent. Wool is also strong with yearly growth of 40.98 percent.
Potatoes are the weakest in the segment. Prices have crashed 64.62 percent this year. Yearly fall is massive at 88.89 percent.
Overall, the agricultural market is highly uneven. Grains like wheat and oats are rising. Soft commodities like cocoa and coffee are falling. Oils and dairy are mixed. The data shows that supply and demand pressures are very different across crops.