What to expect from the agricultural commodities market according to data reports by the markets

Wheat

Wheat is in a bullish market near year high from February 13 priced at $469.64. Traditionally, February continues over January regression of price in the spot and futures trade. However, the market for futures violates this model with strong market prices of futures SRW. Global stocks for 2016-2017 decreased by 4.2 million tons, due to the dramatic reduction of crops in India and Kazakhstan. Global wheat consumption at the same time has increased by half a million tonnes increase has come mainly from Vietnam and China.

Soybeans

Soybean futures are most traded in the market. We have split the contracts 60/40 from March and May. Usually at the beginning of the year, futures and spot trading of soybeans traded at annual lows. Currently traded in range with tends to rise to 50 percent from peaks in 2016. Global output fell by 1.2 million tons due to heavy rains in Argentina reduced the harvest by 1.5 million tonnes. The level of 1080 is a key breakthrough for the price and would lead to reach last year's highs from June 2016.

Coffee

Coffee is one of the commodities that can be traded on the NYSE. The seasonal price movements are complex, as there are wide geographical range of production. February is generally traded at about 40% at the top of the range in spot trade and about 50% in futures. Currently it trades in a normal range. Global production in 2016 decreased by 300,000 sacks and consumption of 2016-2017g is estimated to a record 153.3 million sacks. The market showed weight loss during the separation of volumes.

Sugar

Seasonal trend in the sugar market is largely influenced by the level of rainfall in the regions of manufacturers. Typically for February is traded around annual highs. Current prices are relatively strong 10% below the peaks since October 2016. Global production has risen, yet consumption is expected to reach record levels. The prices currently remain strong because of global consumption.

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