3 commodities set to close higher as equities stay flat

3 commodities set to close higher as equities stay flat

Despite the markets being mostly flat towards the end of today's trading session, Rough Rice, Soybeans, Cotton have end the day as top gainers.

Markets don't have a clear cut direction — Live Cattle trades at $164.78 after losing 0.42%. Brent Crude Oil is relatively flat, trades at $79.37.

This limbo state is reflected by published market data as United States ISM Manufacturing PMI (Apr) came out at 47.1, while a consensus of analysts was expecting 46.8.

Cotton | +0.53%; session high: $81.58 session low: $79.91

11 months ago ICE Cotton reached a significant high of $154.89 but has consequently lost 47.83% since then.

After 11 days of declines, the Soybeans future is up $8 today

This session seems to remain in the same lane for now — currently trading at $1,427.25 per bushel, Soybeans remains range-bound between $1,413 and $1,429.25.

+1.41%: CME Rice set for strong finish this afternoon; up 1.41% to $17.62 per cwt with a day before close

Consistent for now — after closing the previous trading day at $17.38, Rough Rice is up to $17.62 per cwt, which makes for a move of 1.41%/24.5 cents today.

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The Sugar future remains on-trend despite dull session

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The Sugar future remains on-trend despite dull session

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The Sugar future remains on-trend despite dull session

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The Sugar future remains on-trend despite dull session

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The Sugar future remains on-trend despite dull session

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The Sugar future remains on-trend despite dull session

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