Agricultural futures advanced on weak US Dollar on Friday

Note: This section contains information in English only.
Source: Dukascopy Bank
Rural commodities, except for wheat, rallied on Friday amid broadly weaker US Dollar. Sugar, the top gainer, continued to draw strength on the uncertainties over the Brazilian crops. Wheat, the only loser, faced pressure after the US government increased its forecast on the grain output. However, corn was more resilient to the US grain report and managed to gain 0.20%. Easing grain export concerns from Russia also weighted down on the wheat and corn futures. Coffee futures bounced from almost 15-month low despite record high Brazilian Arabica coffee crops in the current coffee season.


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