Agricultural Commodities
Corn, wheat, soybeans, coffee, cocoa and cattle trade on futures markets just like oil. Weather, harvests and trade policy drive their prices. Here is how agricultural markets work.
The main groups
| Group | Examples | Key drivers |
|---|---|---|
| Grains | Corn, wheat, soybeans | Weather, planting, exports, biofuel demand |
| Softs | Coffee, cocoa, sugar, cotton | Weather in a few growing regions, crop disease |
| Livestock | Cattle, hogs | Feed costs, herd sizes, disease |
Agricultural futures trade mostly in Chicago and New York.
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