A slightly weaker dollar index and no change in the long-term bond prices supported many commodities in January. The March dollar index edged 0.07% lower, while the March U.S. 30-year Treasury bond futures were unchanged at 113-24 during the first month of 2025. Precious metals and copper posted across-the-board gains, while crude oil, oil products, and natural gas increased.
Corn, soybean, and wheat futures rallied. Coffee reached new highs, while the prices of cocoa, cotton, and FCOJ fell. Sugar edged marginally higher. Lumber prices edged higher.
