Weekly Commodities Update | Feb 9–15

Weekly Commodities Update | Feb 9–15

Here’s how major futures contracts performed this week (sorted by performance):

🔼 Top Gainers

1. $RB=F #RBOBGasoline +9.6%
2. $CT=F #Cotton +5.2%
3. $HE=F #LeanHogs +4.4%
4. $KE=F #WinterWheat +4.2%
5. $ZW=F #Wheat +3.6%
6. $ZL=F #SoybeanOil +3.2%
7. $ZS=F #Soybeans +1.6%
8. $LE=F #LiveCattle +1.2%
9. $ZC=F #Corn +0.4%
10. $KC=F #Coffee +0.3%

🔽 Decliners

1. $BZ=F #BrentCrude -0.4%
2. $CL=F #CrudeOil -1.0%
3. $SB=F #Sugar11 -4.0%
4. $HO=F #HeatingOil -4.7%
5. $NG=F #NaturalGas -5.2%
6. $CC=F #Cocoa -14.5%

Key takeaways:

1. Energy was broadly weak, especially natural gas.
2. Agricultural commodities showed relative strength.
3. Soft commodities diverged sharply, with cocoa under heavy pressure.

What’s driving the dispersion between energy and ags? Positioning, weather, macro flows — or all three?

#Commodities #Futures #EnergyMarkets #Agriculture #Trading #Macro