Wheat fell as weather forecasts improved

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Rural commodities dropped over last week as weather conditions in the top-growing regions are likely to improve.

Wheat lost almost 4% over the last week on speculation that long-awaited rains in Russia and Australia will boost crop prospects.

Corn was the top-loser as China plants to increase supplies while worries about the Euro Zone's demand pushed the commodity lower.

Sugar extended previous losses as global supplies are expected to be ample. However, strong demand from Sudan, Iraq, Egypt and Syria restricted the downswing.

Coffee dropped, approaching 22-month low due to record high Brazilian crops and improving harvest prospects in Colombia.


Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.