The agricultural market is showing sharp moves. Some crops are rising fast. Others are falling hard. The latest data shows strong gains in grains and fibers. But soft commodities are under pressure.
Wheat rises 20.68% YTD while soybeans gain 13.34%
Wheat is trading at 613.07 USd per bushel. It gained 0.79% in a day. Weekly growth is 2.48%. Year to date rise is strong at 20.68%. Yearly growth is also high at 18.69%.
Soybeans are priced at 1169.09 USd per bushel. They gained 0.46% daily. Weekly growth is small at 0.19%. Year to date gain stands at 13.34%. Yearly growth is 11.02%.
Corn is at 457.91 USd per bushel. It rose 0.64% daily. Year to date growth is modest at 3.79%.
Rice is weaker. It fell 0.36% daily. Monthly drop is 5.03%. Yearly loss stands at 14.06%.
Barley is also under pressure. It is down 7.31% this year and 9.98% yearly.
Cotton jumps 24.63% YTD while rubber gains 25.62% YoY
Cotton is trading at 79.97 USd per pound. It gained 0.78% daily. Monthly growth is strong at 14.12%. Year to date gain is 24.63%. Yearly growth is 20.98%.
Rubber is priced at 211.80 cents per kg. It gained 0.76% daily. Weekly growth is 5.27%. Year to date rise is 17.73%. Yearly growth is 25.62%.
Wool is also strong. It is up 22.97% this year. Yearly growth stands at 53.81%.
Canola is gaining as well. It shows 26.01% growth this year.
Orange juice falls 39.51% YoY while coffee drops 29.87%
Orange juice is one of the biggest losers. It is down 0.09% daily. Weekly drop is 8.86%. Year to date loss is 21.25%. Yearly crash stands at 39.51%.
Coffee is also weak. It fell 1.45% daily. Year to date loss is 16.57%. Yearly decline is 29.87%.
Sugar is down 5.77% this year and 20.71% yearly.
Cocoa shows heavy losses. It is down 45.09% this year and 63.13% yearly.
Palm oil fell 1.37% daily. Monthly drop is 4.99%. But yearly growth is still 14.47%.
Sunflower oil is also weak monthly but shows 16.71% yearly growth.
Potatoes show extreme volatility. Weekly and monthly surge is 704.35%. Year to date growth is 184.62%.
Cheese gained 1.36% daily and 18.94% this year.
Milk shows slow growth at 10.58% this year but yearly decline continues.
The agricultural market is clearly divided. Grains and fibers are rising. Soft commodities are falling. Price swings remain sharp and unpredictable.