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Tag Archives: Coffee

Commodities Week in Review: January 18 to January 22

Commodities Week in Review: January 18 to January 22 Agriculture  The agriculture sector had one of its worst weekly performances in many months, with most of these commodities recording substantial losses during the holiday-shortened trading week. Ostensibly, there are two explanations for the surprise decline in this part of the commodities sector. The US Dollar Index (DXY), which tracks the greenback against...

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Commodities Week in Review: January 4 to January 8

Commodities Week in Review: January 4 to January 8 Agriculture  Agricultural commodities were a mixed bag during the first trading week of 2021 as a strengthening US dollar weighed on many crops. But output levels and tighter inventories supported agricultural products, like corn and soybeans. After a roaring 2020, can the broader agriculture market continue the momentum in 2021? Cocoa  Friday Settlement: -$12.00, or 0.48%, to $2,504 per metric ton Weekly Performance: -3.58% YTD Performance:...

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Commodities Week in Review: December 28 to January 1

Commodities Week in Review: December 28 to January 1 Agriculture  Despite being relatively quiet in the broader financial markets, agricultural commodities continued to end 2020 on a high note, adding to their annual totals. The commodities market has had its best yearly performance in about six years, thanks to a mix of a weakening US dollar, strong fundamentals, and a coronavirus pandemic that has enhanced demand. The consensus is that agriculture will have an even stronger 2021 due...

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Commodities Week in Review: December 21 to December 24

Commodities Week in Review: December 21 to December 24 Agriculture  US agriculture had another strong weekly performance, despite a rising US dollar. The agricultural commodities market was looking to build on its overall momentum this year in the home stretch of 2020, buoyed by strengthening foreign demand and declining output and supplies at home and abroad. Investors are betting on a repeat performance...

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Commodities Week in Review: December 14 to December 18

Commodities Week in Review: December 14 to December 18 Agriculture  Strengthening demand, a weaker US dollar, and potential supply issues contributed to agriculture’s impressive week. The biggest news in the agricultural sector was China’s ballooning consumption for soybeans, which allowed the crop to climb to its best level since early 2014. Wheat also captured international headlines for Russia slapping a tax...

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Commodities Week in Review: December 7 to December 11

Commodities Week in Review: December 7 to December 11 Agriculture Gains in the agricultural commodities market were mixed this week, potentially because of a greenback. The US Dollar Index, which measures the greenback against a basket of currencies, rose 0.3% this week. A stronger buck is bad for dollar-pegged commodities because it makes it more expensive for foreign investors to purchase. Despite the subdued week,...

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Commodities Week in Review: November 30 to December 4

Commodities Week in Review: November 30 to December 4  Agriculture  Despite the US dollar posting another weekly loss of about 1%, many agricultural commodities slumped during the trading week. Market analysts say that this is usually the time of the year when institutional investors and funds engage in end-of-year selloff. The financial markets took advantage of the stellar 2020 performance for a lot of crops...

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Commodities Week in Review: November 23 to November 27

Commodities Week in Review: November 23 to November 27 Agriculture  The agriculture sector enjoyed another week of across-the-board gains, coinciding with a weaker US dollar. Since commodities are priced in dollars, a lower buck makes them cheaper for foreign investors to purchase. For most crops, demand has been strengthening in many major markets, putting pressure on supply. Cocoa  Friday Settlement: -$20.00, or 0.72%,...

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Commodities Week in Review: November 16 to November 20

Commodities Week in Review: November 16 to November 20 Agriculture  It was another week of gains for the agriculture sector, driven by a weakening US dollar and strengthening demand. With coronavirus restrictions and lockdowns going into effect in North America and Europe, it is widely anticipated that there will be strong demand for plenty of agricultural commodities. While panic buying has yet to show up, the market...

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Commodities Week in Review: November 9 to November 13

Commodities Week in Review: November 9 to November 13 Agriculture  Most of the agricultural commodities enjoyed a strong week of gains as they joined the broader market rally. Although the rally was capped by a strengthening US dollar, it did signal that agriculture could become the next big asset class heading into 2021. But that surge might depend on the greenback since the currency plays an integral role...

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