Chicago wheat futures drop over 1.5%, Arabica coffee rises over 4.9%

CBOT corn futures fell by 0.40%, CBOT wheat futures dropped by 1.56%. CBOT soybean futures were flat at $11.4150 per bushel, overall showing an M-shaped trend; soybean meal futures declined by 0.69%, soybean oil futures fell by 0.43%. CBOT lean hog futures rose by 0.57%, live cattle futures decreased by 0.53%, feeder cattle futures dropped by 0.75%. ICE raw sugar futures increased by 0.37%, ICE refined sugar futures remained flat. ICE Arabica coffee futures surged by 4.95%, coffee “C” futures climbed by 3.28%. Robusta coffee futures rose by 0.34%. New York cocoa futures gained 0.87%, quoted at $4,661 per ton. London cocoa futures declined by 1.30%. Chicago WCE canola futures with low erucic acid and low glucosinolate content increased by 0.71%. ICE cotton futures dropped by 1.03%.