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Economist Intelligence Unit forecasts average maize prices to fall 20.5% year-over-year to US$203/tonne in 2024, the lowest since 2020; ample exportable supplies expected to continue to put downward pressure on maize export prices in coming quarters

Economist Intelligence Unit: Arabica coffee prices fell 19.3% in 2023 but expected to rise 7.4% in 2024 to US$2.21/lb due to disruptions from El Niño, higher fertilizer prices; prices could weaken to US$2.20/lb in 2025 if weather conditions normalize

Price of benchmark framing dimension lumber grade Western SPF 2x4 #2&Btr KD (RL) in week ended Feb. 23 is flat week-over-week at US$442/mbf, up 6% year-over-year: Madison's

Price of benchmark southern yellow pine lumber grade SYP East Side 2x4 #2&Btr KD (RL) in week ended Feb. 23 is up 2% week-over-week at US$410/mbf, down 21% year-over-year: Madison's

Economist Intelligence Unit forecasts LME cash price for copper will rise 5.6% year-over-year to US$8,953/tonne in 2024, noting potential disruptions to mine supply; stronger price increase expected in 2025 due to demand from decarbonization initiatives

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