Agriculture: Highlights | November 2014

[EN] Following a steady six months downtrend, prices for important agricultural commodities like wheat, corn and soybeans finally recovered. This is in particular because yields failed to live up to high expectations yet.
Due to Russia’s food embargo prices for dairy keep on declining. On the other side the tightness in US cattle supply has not resolved. Therefore prices for live and feeder cattle have continued to rise. This article shows you the latest price developments and relevant key figures for agricultural commodities.

With a view to the past 12 months, we have observed strong price decreases as well as increases for agricultural raw materials. Considering the largest declines, the price for wheat (hard and soft red winter, US f.o.b.) has fallen by -21.0%/-19.5%, for soybeans (c.i.f. Rotterdam) by -17.6% and for cotton (A-Index) by -16.6%. The strongest price rises were noticed for cattle (U.S. c.i.f. and CME) +48.0%/+45.8%, coffee (LIFFE) +42.3% and sugar (c.i.f. US) which has increased by +26.1% in one year.

During the last month, we have observed the highest price drops in the markets for pork (CME lean hogs futures) -20.0%, for cocoa (ICE Futures London) -10.8% and for rice (CBOT) -5.5%. At the same time prices have risen most for corn (CBOT) +16.6%, soybeans (CBOT) +14.1% and for wheat (Euronext Paris) + 12.0%. The highest price movements are still registered in the pork (CME) market with a remarkably annualized volatility of 94.9%.

In order to provide market visibility for European companies affected by raw material costs, the following analysis takes into consideration the price evolution in EUR unless specified. Please click on the raw materials below to receive more detailed information.

Agriculture prices returns | 1 YEAR | daily price dataAgriculture prices returns | 1 MONTH | daily price data
November 2013 – October 2014October 2014
*Returns based on monthly data over the last 12 months
*²Returns based on weekly data over the last 52 weeks
*Returns based on monthly data over the last month
*²Returns based on weekly date over the last 4 weeks



3. COTTON  Read more

4. SOYBEANS (CBOT) Read more

5. COCOA (ICE FUTURES) Read more

6. SUGAR (LIFFE) Read more

7. Pork (CME lean hogs futures) Read more

Date of publication: 10 November 2014
Sources | Disclaimer | Methodology

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