Coffee fell amid favorable weather in Brazil

Note: This section contains information in English only.
Source: Dukascopy Bank
Agricultural commodities were mixed on Friday as negative headlines from the Euro Zone and US lingered concerns that global demand may weaken.

Wheat continued to be pressured by stronger greenback and favorable weather forecasts in the US. However, robust demand from the EU and China may lift the price in the medium-term.

Corn advanced on strong US sales, especially to Mexico and Korea. Adding to the positive mood of the grain, US farmers limited sales from inventories turning to planting this year crops.

Sugar climbed the most in a week as the EU reported that it plans to import more sugar amid concerns that rainfalls might disrupt supplies from Brazil.

Coffee was marginally lower as Ecuador managed to increase its exports last month. Dry weather in the main coffee-growing regions in Brazil also weighed on the commodity.


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