
A slightly weaker dollar index and a rally in the long-term bond prices did not support most commodities in February. The March dollar index moved 0.61% lower, while the May U.S. 30-year Treasury bond futures were 3.92% higher at 118-13 during the second month of 2025. Gold and copper were higher, while silver, platinum, and palladium futures declined. Crude oil, oil products, ethanol, and Rotterdam coal prices dropped, while natural gas moved nearly 25% higher.
Corn, soybean, and wheat futures fell. Sugar and coffee were higher, while the prices of cocoa, cotton, and FCOJ fell, with the OJ falling over 35%. Animal proteins were lower. Lumber prices moved higher.