Agricultural Commodities Price Outlook
Agricultural prices increase in January
Agricultural prices edged up 2.2% month-on-month in January, after rising 2.8% in December and representing the third increase in the last four months.
January’s upturn was broad-based, with prices for nearly all surveyed agricultural commodities increasing compared to the previous month. Strong Asian demand boosted cocoa prices in January, while sustained supply fears supported palm oil and sugar prices. Overall, agricultural commodities have been trending higher after China pledged to boost its purchases of the U.S. agricultural production. However, coffee was a notable exception in January as prices dipped on oversupply fears.
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Agricultural Historical Price Data
Corn prices in USD cents per bushel (bu).
Soybeans prices in USD cents per bushel (bu).
Wheat prices in USD cents per bushel (bu).
Cocoa prices in USD per metric ton (mt).
Coffee prices in USD cents per pound (lb).
Cotton prices in USD cents per pound (lb).
Sugar prices in USD cents per pound (lb).
Wool prices in AUD cents per kilogram (kg).
All prices are average of period (aop).
Price forecasts and historical data for Energy, Metals and Agricultural Commodities
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