
The MXV commodity index fell for a fourth straight session, down more than 1% to 2,783 points. Copper dropped about 2.5% on the CME to $14,114 per ton, with pressure attributed to corporate debt issuance, expectations of rate increases, and AI sector concerns, while white sugar hit its lowest level in nearly three months.
The broad commodity sell-off is mainly driven by metals and sugar, with limited direct effect on feed ingredients, though firmer US rate expectations could strengthen the dollar and weigh on dollar-priced commodities.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.