Soybean Futures Decline as Weaker Crude Oil Pressures Soyoil Market
Chicago soybean futures fell on Monday, dragged down by a sharp drop in crude oil and soyoil prices, though strong U.S. export demand helped to limit the losses.
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Commodities
The latest commodities coverage from the TrustFinance editorial desk.
Latest in Commodities
Citi: Gold's Rally Fueled by Speculators, Faces Key Test at Jackson Hole
Gold's recent breakout is being driven by speculative inflows rather than physical demand, with its future direction hinging on the Federal Reserve's tone at the upcoming Jackson Hole symposium, according to a Citi research note.
Citi Lifts Grain Price Targets on 'Super' El Niño Threat
Citigroup has raised its price forecasts for corn, soybeans, and wheat, citing the growing probability of a historically strong El Niño event that could disrupt global agricultural production.
European Gas Rally Stalls as New Iran Sanctions Lack Immediate Bite
European natural gas futures stabilized near five-month highs after a new round of U.S. sanctions on Iran proved less disruptive to physical supply than markets had feared, though underlying storage concerns persist.
WTI Midland Crude Prices Weaken as Chevron Lowers Offer
The price for physical WTI Midland crude oil softened on Tuesday after energy major Chevron lowered its offer for a September-loading cargo in the Platts trading window.
Gold Prices Ease as Traders Eye Fed's Preferred Inflation Gauge
Gold prices declined on Wednesday as investors awaited the release of the latest Personal Consumption Expenditures (PCE) data, the Federal Reserve's favored inflation metric, and key commentary from the central bank's Jackson Hole symposium.
Oil Prices Extend Slide on Hopes for Middle East Ceasefire, Strait of Hormuz Reopening
Brent and WTI crude futures fell for a second day after reports of a potential U.S.-Iran ceasefire and a separate Iran-Oman shipping agreement raised the prospect of increased global supply.
UK Energy Price Cap to Rise 4% in October, Affecting Millions of Households
The UK's energy price cap for households on default tariffs will increase by 4% on October 1, 2026, driven by rising wholesale gas prices. The government will temporarily waive VAT on electricity bills to mitigate the impact.
CME Group Launches US Zinc Futures; Glencore, Trafigura Execute First Trade
CME Group has introduced a new US Zinc Futures contract on its Globex platform, with commodity trading houses Glencore and Trafigura completing the inaugural trade to address growing demand for regional price risk management.