Agricultural commodities saw mixed daily percent moves today. Tea led the gains with a jump of 5.21%, showing strong short-term momentum. Sugar also climbed 1.85% to 15.84 USD per lb, driven by ongoing global demand. Rubber rose 1.65% to 196.80 USD cents per kg, and orange juice gained 0.80% to 184.01 USD per lb. These gains highlight selective strength in soft commodities despite mixed performances elsewhere.
Grains and oils show minor daily percent changes
Soybeans dipped slightly by 0.20% to 1,169.45 USD per bushel, while wheat inched up 0.09% to 598.29 USD per bushel. Corn fell 0.75% to 463.74 USD per bushel, and oats gained 0.31% to 333.52 USD per bushel. Rice and canola prices were mostly flat, up only 0.04% and 0.01% respectively. Palm oil moved up slightly, gaining 0.09% to 4,484 MYR per ton, while sunflower oil fell 0.43% to 1,605.20 INR per 10 kg. Rapeseed saw a negligible decline of 0.07% to 498.92 EUR per ton.
Dairy, Cocoa, and other commodities experience mixed percent swings
Cheese rose 0.24% to 1.711 USD per lb, and milk gained 0.19% to 16.15 USD per CWT. Butter remained flat at 4,450 EUR per ton. Cocoa dropped 1.13% to 3,097.62 USD per ton, and coffee fell 1.22% to 312.25 USD per lb. Wool slid 1.54% to 1,724 AUD per 100 kg. Potatoes and barley were mostly unchanged, with potatoes flat at 2.30 EUR per 100 kg and barley flat at 2,113.50 INR per ton. Orange juice led monthly gains, rising 10.57% over the last 7 days.
Overall, daily percent changes highlight selective strength in tea, sugar, and rubber, while soft commodities like cocoa, coffee, and wool face short-term selling pressure. Grains and oils are largely stable, reflecting a balanced supply-demand environment. Year-to-date percent moves show tea up 14.12%, soybeans up 13.49%, and canola surging 23.47%, signaling strong long-term growth in key agricultural markets.