
The soft commodities sector edged 0.97% higher in Q4 2022 and only 0.31% lower in 2022. In Q1 2023, the soft commodities sector posted an 11.12% gain. Cotton prices edged lower, while sugar, coffee, cocoa, and FCOJ futures prices increased. FCOJ led the way on the upside with an over 30.5% gain, and cocoa and sugar posted double-digit percentage price increases.
In my January 9, 2023, Barchart article, I wrote: