3 commodities set to close higher as equities stay flat

Despite the markets being mostly flat towards the end of today's trading session, Sugar, Cocoa, Oats have end the day as top gainers.

Markets are currently flat. Soybeans trades at $1,494.5 after losing 0.65%. Corn trades sideways at $636.25.

Current market events are being influenced by ambiguous macro data as highly important Crude Oil Inventories data from United States beat analyst expectations of 457,000 with a reading of 1.17 million.

+2.29%: commodity traders stay bullish as CME Cocoa adds $64 or 2.29%

Today's session so far looks to be heading in the same direction — Cocoa spikes to $2,853 per metric tonne, climbing by $64.

CME Oats goes up to $336.75 after a 5 day downtrend

Today's positive session could indicate a brief correction amid a broader downtrend, or, the start of a potential reversal. The CME Oats future posts light gains on a low-volatility day, ranging between $336.75 – $339 and is now at $336.75 per bushel.

The Sugar future | +2.54%; session high: $20.65 session low: $20.04

2 days ago Sugar reached a significant high of $22.09 but has consequently lost 9.14% since then.