Commodities Week in Review: October 26 to October 30
Agriculture
It was a noteworthy performance for agricultural commodities in recent sessions because the decline in prices coincided with the strenghtening of the US dollar. The greenback recorded close to a 1% jump, while crops failed to register any momentm. A strengthening buck is bad for
Cocoa
- Friday Settlement: +$6.00, or 0.26%, to $2,299 per metric ton
- Weekly Performance: -7.34%
- Monthly Performance: -7.15%
- YTD Performance: -9.42%
Coffee
- Friday Settlement: -$0.0035, or 0.33%, to $1.0425 per pound
- Weekly Performance: -1.04%
- Monthly Performance: -4.71%
- YTD Performance: -19.28%
Corn
- Friday Settlement: -$0.01, or 0.25%, to $3.975 per pound
- Weekly Performance: -5.36%
- Monthly Performance: +4.74%
- YTD Performance: 2.65%
Orange Juice
- Friday Settlement: -$0.003, or 0.26%, to $1.1405 per pound
- Weekly Performance: -1.13%
- Monthly Performance: +2.33%
- YTD Performance: +14.39%
Rice
- Friday Settlement: +$0.065, or 0.52%, to $12.535 per pound
- Weekly Performance: +1.54%
- Monthly Performance: -0.04%
- YTD Performance: +4.33%
Soybeans
- Friday Settlement: +$0.0625, or 0.59%, to $10.567 per bushel
- Weekly Performance: -2.78%
- Monthly Performance: +3.6%
- YTD Performance: +10.54%
Sugar
- Friday Settlement: +0.02 cents, or 0.14%, to 14.42 cents per pound
- Weekly Performance: -2.10%
- Monthly Performance: +6.19%
- YTD Performance: +7.29%
Wheat
- Friday Settlement: -$0.05, or 0.83%, to $5.9875 per bushel
- Weekly Performance: -5.63%
- Monthly Performance: +4.45%
- YTD Performance: +7.02%
Bitcoin
How high can the
- Friday Settlement: -$20.00, or 0.15%, to $13,485.00 per coin
- Weekly Performance: +3.73%
- Monthly Performance: +27.52%
- YTD Performance: +86.77%
Energy
Crude oil prices maintained their immense volatility this week, suffering dramatic losses during the final trading week of October. Natural gas was the sole energy commodity that enjoyed a huge surge in prices, thanks to a mix of cold weather, supplies, and technical developments when it comes to shipping.
West Texas Intermediate (WTI) Crude Oil
- Friday Settlement: -$0.45, or 1.24%, to $35.72 per barrel
- Weekly Performance: -10.21%
- Monthly Performance: -3.43%
- YTD Performance: -41.64%
Brent Crude Oil
- Friday Settlement: -$0.08, or 0.21%, to $37.86 per barrel
- Weekly Performance: -8.97%
- Monthly Performance: -2.67%
- YTD Performance: -42.66%
Natural Gas
- Friday Settlement: +$0.083, or 2.43%, to $3.500 per million British thermal units (btu)
- Weekly Performance: +19.05%
- Monthly Performance: +43.50%
- YTD Performance: +60.3%
Gasoline
- Friday Settlement: +$0.0038, or 0.37%, to $1.0318 per gallon
- Weekly Performance: -8.41%
- Monthly Performance: -7.79%
- YTD Performance: -39.21%
Heating Oil
- Friday Settlement: -$0.0031, or 0.29%, to $1.0838 per gallon
- Weekly Performance: -6.25%
- Monthly Performance: -0.02%
- YTD Performance: -46.51%
Metals
Gold suffered its third consecutive weekly loss as the precious metal failed to garner any momentum. The yellow metal, which is typically a
Gold
- Friday Settlement: +$10.80, or 0.58%, to $1,878.80 per ounce
- Weekly Performance: -1.29%
- Monthly Performance: -1.35%
- YTD Performance: +23.61%
Silver
- Friday Settlement: +$0.355, or 1.52%, to $23.715 per ounce
- Weekly Performance: -3.99%
- Monthly Performance: -0.61%
- YTD Performance: +32.49%
Copper
- Friday Settlement: -$0.006, or 0.2%, to $3.0505 per pound
- Weekly Performance: -2.94%
- Monthly Performance: +2.37%
- YTD Performance: 9.00%
Palladium
- Friday Settlement: +$17.20, or 0.78%, to $2,215.70 per ounce
- Weekly Performance: -7.98%
- Monthly Performance: -4.10%
- YTD Performance: +15.86%
Platinum
- Friday Settlement: -$2.50, or 0.29%, to $847.00 per oucne
- Weekly Performance: -6.78%
- Monthly Performance: -4.53%
- YTD Performance: -12.84%
Steel
- Friday Settlement: +$3.00, or 0.43%, to $693.00 per metric ton
- Weekly Performance: +2.06%
- Monthly Performance: +10.53%
- YTD Performance: +17.66%
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