Just been checking the commodity pits this morning and there's some interesting moves happening across the board. Wheat is looking solid with CBOT up over 1%, while soybean oil is really popping off at around 2.5% gains. Corn's lagging a bit though, down less than half a percent.

The protein complex is mixed - soybean futures took a small dip to $11.78 per bushel, and cattle markets are seeing some pressure with live cattle down 1.4%. But here's what caught my eye: sugar's having a nice day with both raw and white sugar climbing, though coffee's telling a different story with Arabica down nearly 2.5%.

London cocoa futures slipped about 1.8% while New York cocoa hit $3,504 per ton, both taking losses today. Over in cotton, we're seeing some strength with a modest 1% move up. Rapeseed also gained a bit. Overall it's one of those days where you've got winners and losers scattered across different sectors - London cocoa futures and the broader softs market showing some weakness while grains and oils are more constructive.