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.