Coffee and sugar gained on Friday due to the rally of the Brazilian real. Previously, the weakness of the currency of the world’s biggest producer led to a slump of prices. The sharp rally caught short sellers
Cattle futures were little changed during Friday’s trading after volatile week. Prices were demonstrating wide swing this week as traders were uncertain whether the previous drop of prices would increase demand for the commodity. Hogs, on the other hand, logged substantial gains during the last trading day of this week. February contract for live cattle was little changed at $1.3203 per pound on CME today. At the same time, hogs rallied 2.82 percent.
If you have any questions and comments on the commodities today, use the form below to reply.