Agricultural markets are showing sharp contrasts this year. Some crops are rising steadily. Others are facing deep yearly losses. The data reflects strong volatility across food and soft commodities.
Soybeans and Wheat Rise Over 9% YTD While Corn Falls 14.29% YoY
Soybeans are trading at 1137.01 USd per bushel. They gained 0.31% today. Monthly growth stands at 7.88%. Year to date, Soybeans are up 10.23%. On a yearly basis, they have risen 8.65%.
Wheat is priced at 555.57 USd per bushel. It jumped 1.57% in a day. Monthly gains are 8.39%. YTD growth is 9.09%. However, Wheat remains down 5.54% compared to last year.
Corn stands at 427.5856 USd per bushel. It gained 0.25% today. But it is down 3.04% YTD. Year over year, Corn has fallen 14.29%.
Rice trades at 10.2750 USD per cwt. It dropped 4.46% in a day. Weekly losses are 8.26%. It is still up 7.09% YTD. Yet it is down 26.37% YoY.
Canola is priced at 679.65 CAD per ton. It slipped 0.45% today. But it has gained 15.58% YTD. On a yearly basis, it is up 1.85%.
The grain market shows steady YTD growth in Soybeans and Wheat. Corn and Rice remain under pressure on a yearly basis.
Coffee Drops 28.91% YoY While Cocoa Slides 68.04%
Coffee is trading at 281.72 USd per pound. It fell 1.22% today. Monthly losses stand at 18.52%. YTD it is down 19.05%. Year over year, Coffee has declined 28.91%.
Cocoa is priced at 3170.42 USD per ton. It dropped 4.33% in a day. Weekly losses are 13.62%. Monthly decline is 30.79%. YTD it has fallen 46.96%. On a yearly basis, Cocoa has crashed 68.04%.
Sugar stands at 13.73 USd per pound. It slipped 0.32% today. YTD it is down 8.76%. YoY losses are 35.07%.
Orange Juice trades at 197.35 USd per pound. It gained 1.75% today. Weekly growth is strong at 9.79%. But it is still down 40.52% YoY.
The data shows heavy selling pressure in soft commodities. Cocoa and Sugar are among the worst yearly performers.
Wool Surges 42.99% YoY As Sunflower Oil Gains 12.06%
Wool is trading at 1693.00 AUD per 100 kg. It is flat today. Monthly growth stands at 9.86%. YTD it is also up 9.86%. On a yearly basis, Wool has surged 42.99%.
Sunflower Oil is priced at 1515.90 INR per 10 kg. It gained 0.15% today. YTD growth is 5.12%. YoY gains stand at 12.06%.
Cheese trades at 1.6001 USD per pound. It slipped 0.18% today. Yet it is up 10.36% YTD. Still, it remains down 13.99% YoY.
Milk stands at 15.09 USD per cwt. It rose 0.13% in a day. It is down 0.85% YTD and 25.74% YoY.
Butter is priced at 4500.00 EUR per ton. It fell 1.42% today. YTD it has gained 8.43%. But it is down 36.17% YoY.
Potatoes are at 3.10 EUR per 100 kg. Weekly losses are 36.73%. YTD they have crashed 52.31%. On a yearly basis, they are down 89.60%.
Overall, agricultural commodities show extreme divergence. Wool leads with 42.99% yearly growth. Soybeans and Wheat post steady YTD gains above 9%. Cocoa and Potatoes record deep yearly crashes above 50%. The sector remains highly volatile with clear winners and heavy losers.