Weekly Commodity Snapshot
October 2021
Our overview for wheat, corn, soybeans, sugar, & coffee prices, published weekly.
Download the full report
Report highlights
• The S&P GSCI Agriculture Index gained 2.2% last week, amid a rally in wheat and corn prices, back to the top of recent ranges, as demand remains strong and the outlook for next year’s production and availability remains muddied amid increased fertilizer, shipping, and other input costs.
• ICE Robusta rallied, as the November 21 contract moved into delivery. The interest in certified stocks in Europe has spiked due to ongoing logistical disruptions.
• CBOT Corn rose about 2% WOW, with the December contract touching USD 5.45/bu, as consumers took coverage and wet weather interrupted harvest progress.
• CBOT Wheat prices are up 1.5% WOW, edging back toward recent highs, amid a rally in Minneapolis Wheat that breached USD 10/bu, a rise of 4.3%.
