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Commodity watch · updated Nov 13, 7:44 AM EST

Honduras: commodities

For every crop USDA forecasts and every country that matters for it: USDA's crop outlook, the weather forecast over the main growing regions at the crop's stage, trade, prices and hedge funds' bets, and how much our sources are saying about it. A plain score from 0 to 100 says how much the supply looks at risk, and when the risk is real but the news is quiet, the watch raises a flag. Now: 800 cards for 62 commodities, 5 flagged.

Coffee

5· no cut expected
CropUSDA: 6 million bags in 2026/27, up 9% on last year, 3% of the world's
WeatherNo weather risk in the next 10 days in the main growing regions
TradeExports 5.5 million bags, 4% of the world's; imports 160,000 bags
MarketArabica coffee $7.4/kg in October, up 1.9% on the month, down 16.9% on the year, the highest since August 2026; hedge funds betting on higher prices (14,732 contracts net)
NewsNo reports in our sources in the last 14 days
Why 5
  • +5 USDA expects a crop 9% bigger than last year's

Bought from the US

USDA's weekly export sales, the week to October 29, 2026: new sales less cancellations, and this marketing year's shipments.

CommodityThis weekShipped this year
corn21,158 t292,392 ta year earlier 218,024
soybean meal5,848 t71,101 ta year earlier 38,060
pork1,759 t35,241 ta year earlier 29,454
beef19 t412 ta year earlier 315
wheat0 t109,127 ta year earlier 157,533
soybean oil0 t14 ta year earlier 1,557
upland cotton0 bales76,277 balesa year earlier 68,029
rice0 t33,557 ta year earlier 58,993

Who buys its commodities

Its biggest commodity exports (farm, energy, metals) in 2024 and their main buyers, by value (CEPII BACI, January 2026 release, from UN trade statistics; Etalab Open Licence 2.0).

  • Coffee $1.4 billionUnited States 32%, Fed. Rep. of Germany (...1990) 18%, Belgium-Luxembourg (...1998) 8.6%, Italy 5.7%
  • Palm oil $416 millionMexico 23%, Netherlands 22%, Italy 19%, El Salvador 15%
  • Gold $192 millionUnited States 100%
  • Sugar $164 millionUnited States 46%, South Korea 16%, Haiti 12%, Mexico 8.1%
  • Palm kernel oil $53 millionMexico 47%, Spain 23%, Netherlands 14%, Italy 11%
  • Iron ore $40 millionChina 100%
  • Cheese $23 millionEl Salvador 86%, United States 8%, Guatemala 6.5%
  • Beef $10 millionEl Salvador 52%, Guatemala 47%, United States 1%
  • Rice $9.8 millionNicaragua 53%, El Salvador 26%, Guatemala 21%, United States 0.8%
  • Corn (maize) $9.7 millionColombia 80%, Nicaragua 12%, Guatemala 7.4%, United States 0.5%

Where its commodities come from

Its biggest commodity imports in 2024 and where they come from, by value.

  • Corn (maize) $235 millionUnited States 98%, Guatemala 0.5%, Brazil 0.5%, Argentina 0.4%
  • Soybean meal $154 millionUnited States 100%, Brazil 0.1%, Netherlands 0%, Guatemala 0%
  • Pork $147 millionUnited States 97%, Canada 3.5%, Spain 0%
  • Rice $106 millionUnited States 97%, Paraguay 1.9%, India 0.6%, Taiwan 0.3%
  • Wheat $86 millionUnited States 100%
  • Palm oil $71 millionIndonesia 51%, Malaysia 13%, Guatemala 9.4%, Colombia 8.5%
  • Urea $66 millionRussia 90%, Trinidad and Tobago 7.1%, United States 2.1%, Nicaragua 0.5%
  • DAP fertilizer $55 millionRussia 69%, United States 30%, El Salvador 0.8%, China 0.4%
  • Cotton $46 millionUnited States 98%, Egypt 0.9%, Turkey 0.6%, Brazil 0.4%
  • Cheese $43 millionUnited States 89%, Costa Rica 6.5%, El Salvador 3.8%, Mexico 0.2%

Honduras's country page

Prices, October 2026

The World Bank's monthly averages in US dollars (the Pink Sheet, updated November 3), against the month before and a year before. Licensed CC BY 4.0.

CommodityPriceMonthYear
Energy
Crude oil, average108.5 $/bbl+6.1%+72.2%
Crude oil, Brent125 $/bbl+7%+93.2%
Crude oil, Dubai102.7 $/bbl+10.1%+59.7%
Crude oil, WTI97.7 $/bbl+0.8%+62.3%
Coal, Australian152.3 $/mt+3.5%+41.7%
Coal, South African100 $/mt+1.8%+9.2%
Natural gas, US2.96 $/mmbtu+0.3%−7.5%
Natural gas, Europe28.5 $/mmbtu+12.1%+161.7%
Liquefied natural gas, Japan16.59 $/mmbtu+2%+49.5%
Natural gas index182.7 2010=100+8.9%+86.2%
Beverages
Cocoa5.75 $/kg−2.9%−3.4%
Coffee, Arabica7.4 $/kg+1.9%−16.9%
Coffee, Robusta3.63 $/kg−1.6%−23.4%
Tea, avg 3 auctions2.88 $/kg+0.7%−4.3%
Tea, Colombo3.75 $/kg+0.5%−4.8%
Tea, Kolkata2.55 $/kg+0.8%−10.8%
Tea, Mombasa2.33 $/kg+1.3%+4.5%
Food
Coconut oil2,029 $/mt−2.4%−20.3%
Groundnuts1,600 $/mt+2.4%+33.3%
Fish meal2,840 $/mt−2.6%+60.5%
Groundnut oil1,850 $/mt−0.5%+13.6%
Palm oil1,120 $/mt−5.1%+7.9%
Palm kernel oil2,287 $/mt−2.9%+0.6%
Soybeans515 $/mt−1.7%+27.5%
Soybean oil1,546 $/mt−4.3%+36.6%
Soybean meal453 $/mt+1.3%+27.2%
Rapeseed oil1,405 $/mt−2.6%+11.2%
Sunflower oil1,413 $/mt+1.4%+3.7%
Barley80.4 $/mtAugust 2020——
Maize226.5 $/mt−5.5%+14.3%
Sorghum189.5 $/mtAugust 2020——
Rice, Thai 5%489 $/mt+1.5%+37.4%
Rice, Thai 25%472 $/mt+2.4%+34.5%
Rice, Thai A.1467.4 $/mt−1.2%+39.1%
Rice, Viet Namese 5%413.9 $/mt−1.1%+13.2%
Wheat, US SRW260.3 $/mt−6.6%+24.4%
Wheat, US HRW317 $/mt−8.6%+37.3%
Banana, Europe1.1 $/kg−1.8%−2.7%
Banana, US1.18 $/kg+5.4%+4.4%
Orange0.75 $/kg−5.1%−28.6%
Beef6.83 $/kg−0.4%−3.7%
Chicken1.84 $/kg+1.7%+7%
Lamb7.48 $/kg+3%+18.2%
Shrimps, Mexican8.6 $/kgOctober 2023——
Sugar, EU0.37 $/kg−2.6%−2.6%
Sugar, US0.92 $/kg+8.2%+19.5%
Sugar, world0.43 $/kg+4.9%+26.5%
Raw materials
Tobacco, US import u.v.6,775 $/mtJuly 2026——
Logs, Cameroon392.1 $/cubic meter−2.7%−3.7%
Logs, Malaysian188.5 $/cubic meter−0.9%−4.1%
Sawnwood, Cameroon636.8 $/cubic meter−0.9%−0.5%
Sawnwood, Malaysian724.3 $/cubic meter−1%−0.5%
Plywood345.8 cents/sheet−0.9%−4.1%
Cotton, A Index2 $/kg−4.8%+19%
Rubber, TSR202.55 $/kg+5.8%+49.1%
Rubber, RSS32.83 $/kg+2.9%+41.5%
Fertilizers
Phosphate rock170 $/mt0%+11.5%
DAP803.1 $/mt+0.3%+6.5%
TSP692 $/mt+0.3%+5.1%
Urea420 $/mt+3.1%+6.5%
Potassium chloride357.5 $/mt−2.7%+1.6%
Metals and minerals
Aluminum3,061 $/mt−6.8%+9.6%
Iron ore, cfr spot90.8 $/dmtu−7.1%−12.3%
Copper14,508 $/mt+0.2%+35.1%
Lead1,860 $/mt−0.7%−5.5%
Tin51,696 $/mt−3.8%+43.6%
Nickel15,436 $/mt−5.4%+2.3%
Zinc3,818 $/mt−5%+21.1%
Precious metals
Gold4,105 $/troy oz−5%+1.2%
Platinum1,621 $/troy oz−9.1%+0.3%
Silver57 $/troy oz−11.8%+15.4%

The record

Each card's score calls USDA's next revision of the country's crop: 50 or more “cut likely”, 30 to 49 “cut possible”, under 30 “no cut expected”. When USDA revises (grains, oilseeds and cotton every month, about the 10th; coffee and sugar twice a year), the last call before it is checked against what USDA did.

CallCallsUSDA cutRaisedUnchanged
no cut expected4033032341
cut possible1010

Sources

Crop figures: USDA FAS (PSD, Weekly Export Sales). Prices: World Bank Commodity Price Data (The Pink Sheet), CC BY 4.0. Hedge funds: CFTC Commitments of Traders. Weather: MET Norway (CC BY 4.0), normals from NASA POWER. Trade partners: CEPII BACI (Etalab Open Licence 2.0). Crop calendars after USDA FAS's; growing regions are the main ones of each main producer.

The same readings as data, free: GET /api/v1/commodities (and /map, /country/{code}, /prices, /weather, /scorecard).