The agricultural market is showing sharp contrasts. Some crops are rising fast. Others are falling heavily. The data clearly shows where demand is strong and where pressure is building.
Soybeans are trading at 1165.94 USD per bushel. Prices are up 0.69 percent today. Year to date growth stands at 13.17 percent. Yearly gain is 12.27 percent. This shows steady demand.
Wheat is priced at 589.45 USD per bushel. It dropped 0.43 percent today. But yearly growth is still positive at 7.57 percent. The overall trend remains stable.
Soybeans and Cotton lead gains with strong double digit growth
Cotton is one of the strongest performers. It is trading at 77.570 USd per pound. Prices jumped 1.37 percent today. Monthly growth is high at 13.55 percent. Year to date gain stands at 20.48 percent. Yearly rise is 17.87 percent.
Canola is also showing strong growth. It is priced at 721.02 CAD per ton. Year to date increase stands at 22.42 percent. This reflects strong oilseed demand.
Rubber prices are at 202.60 cents per kg. Yearly growth is solid at 22.79 percent. Wool is also strong with a 41.52 percent yearly gain.
Coffee and Orange Juice fall sharply as Cocoa drops 54.94 percent YoY
Coffee is trading at 296.38 USD per pound. It fell 0.41 percent today. Year to date decline is 14.96 percent. Yearly drop stands at 21.30 percent.
Orange juice is under heavy pressure. It is priced at 190.63 USd per pound. Yearly loss is massive at 40.11 percent. Year to date decline stands at 7.06 percent.
Cocoa shows the biggest crash. It is trading at 3632.33 USD per ton. Yearly fall is 54.94 percent. Year to date decline is 40.03 percent. This is one of the steepest drops in the sector.
Sugar is also weak. It is down 22.35 percent over the year. Butter prices have fallen 41.90 percent yearly.
Tea jumps 17.53 percent monthly while Corn and Rice stay mixed
Tea prices are rising fast. It is trading at 175.84 INR per kg. Monthly growth stands at 17.53 percent. Daily gain is 8.14 percent. This shows strong short term demand.
Corn is priced at 447.0989 USD per bushel. It gained 0.93 percent today. But yearly trend is negative at 7.67 percent.
Rice is at 10.8258 USD per cwt. Year to date growth is 12.83 percent. But yearly performance is down 19.21 percent.
Sunflower oil shows yearly growth of 20.31 percent. Palm oil has gained 11.60 percent over the year. These oils continue to show steady demand.
Potatoes show the biggest long term drop. Prices are down 86.86 percent yearly. Monthly fall is also very sharp at 25.81 percent.
Overall, the agricultural market is highly divided. Cotton and oilseeds are rising. Beverages like coffee and cocoa are falling. Some staples remain stable. The data clearly shows a split trend across the sector.