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Food Beverage News and Commentary

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Sat, Apr 27th, 2024
Dryness lowers U.S. wheat crop

(Video) Rains critical in Ukraine and Plains help wheat prices EXPLODE this week

WEAT : 5.85 (+0.52%)
ZSN24 : 1177-2s (-0.21%)
KEN24 : 654-2s (+2.15%)
MWN24 : 703-4s (+0.75%)
Hogs Weaken While Cattle Markets Rally

Strong end to week for cattle cash market drives futures higher

Pure Hedge - Livestock and Grain

$11.00-Beans? $5.00-Corn? $7.00-Wheat? $230-Feeders?

Grain Spreads: Risk Reversal in Soybeans

A Return to February Lows Imminent?

Shootin' the Bull about getting ready for summer sales

In my opinion, the discovery process continues.  Of the most importance coming up will be the amount of inventory available in the large summer video sales, and how quick buyers will be to procure inventory...

Sugar Prices Pressured by Increased Sugar Output in Brazil

May NY world sugar #11 (SBK24 ) on Friday closed down -0.08 (-0.51%), and Aug London ICE white sugar #5 (SWQ24 ) closed up +0.10 (+0.02%). Sugar prices on Friday settled mixed. Sugar futures came under...

SBN24 : 19.09s (-0.37%)
SWQ24 : 563.70s (+0.02%)
^USDBRL : 5.11610 (-0.83%)
Dollar Strength Sparks Long Liquidation in Cocoa Futures

July ICE NY cocoa (CCN24 ) on Friday closed down -210 (-1.94%), and May ICE London cocoa #7 (CAK24 ) closed down -173 (-1.80%). Cocoa prices settled moderately lower on Friday as a stronger dollar (DXY00...

CCN24 : 10,594s (-1.94%)
CAU24 : 8,504s (-3.00%)
DXY00 : 105.938s (+0.32%)
Coffee Prices Close Lower as ICE Coffee Inventories Recover

July arabica coffee (KCN24 ) on Friday closed down -4.10 (-1.80%), and July ICE robusta coffee (RMN24 ) closed down -153 (-3.55%). Coffee prices on Friday posted moderate losses. A rebound in ICE-monitored...

KCN24 : 224.00s (-1.80%)
RMN24 : 4,151s (-3.55%)
Strength in the Brazilian Real Sparks Short Covering in Sugar

May NY world sugar #11 (SBK24 ) this morning is up +0.04 (+0.21%), and Aug London ICE white sugar #5 (SWQ24 ) is up +1.60 (+0.28%). Sugar prices this morning are posting modest gains as strength in the...

SBN24 : 19.09s (-0.37%)
SWQ24 : 563.70s (+0.02%)
^USDBRL : 5.11610 (-0.83%)
Cocoa Prices Fall Back on Dollar Strength

July ICE NY cocoa (CCN24 ) this morning is down -129 (-1.19%), and May ICE London cocoa #7 (CAK24 ) is down -153 (-1.591%). Cocoa prices this morning are moderately lower as a stronger dollar (DXY00 )...

CCN24 : 10,594s (-1.94%)
CAU24 : 8,504s (-3.00%)
DXY00 : 105.938s (+0.32%)

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Is there a mercy rule for the Japanese Yen? Complete Collapse! https://t.co/Iz7SWML2NT
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TikTok creators fear for their livelihoods after Congress passes bill that could result in a ban https://t.co/c0fhOg3czY
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BREAKING 🚨: Boeing All three major credit ratings agencies have lowered their outlook on $BA to just above junk - ouch! https://t.co/dEu8QJrXJ5 https://t.co/VGsqOv3P69
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Foreign Buying of Chinese Stocks hit 22.4 billion yuan ($3 Billion) on Friday, the highest amount in history 🚨 https://t.co/X1AoH5usE1
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Stock Market hits highest market concentration since the Great Depression 🚨 Probably Fine https://t.co/wBILUAl2cX
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Top 1% of U.S. earners now have more wealth than the entire middle class https://t.co/zYJohTGMk1
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Apple $AAPL has now closed below its 200D moving average for 11 consecutive weeks https://t.co/vRwTbz7255 https://t.co/B9c3DdLJPn
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JUST IN 🚨: U.S. Regulators seize Republic First Bancorp based out of Philadelphia. Janet Yellen: "Our Banking System is Sound!" 😂 https://t.co/0YOnBJXUQ7 https://t.co/GtTgkzrpih

Chart of the Day

Silvercrest Metals Inc (SILV)

The Chart of the Day belongs to the precious metal miner Silvercrest Metals (SILV) . I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then used the...
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