Cold Storage - 2024-07-25
October NY world sugar #11 (SBV24 ) on Thursday closed up +0.75 (+4.19%), and Oct London ICE white sugar #5 (SWV24 ) closed up +9.50 (+1.82%). NY sugar prices on Thursday recovered somewhat on short-covering...
September ICE NY cocoa (CCU24 ) Thursday fell -422 (-5.13%), and September ICE London cocoa #7 (CAU24 ) closed -282 (-4.22%). Cocoa prices on Thursday continued to fall back on long liquidation pressure...
September arabica coffee (KCU24) on Thursday closed up +3.55 (+1.54%), and Sep ICE robusta coffee (RMU24) closed up +68 (+1.57%). Coffee prices Thursday rebounded higher on some short-covering after the...
Cotton futures are trading with 19 to 32 point gains so far on Thursday, despite a weaker morning trade and lower export data. The outside markets may be having some affect, as crude is well off the morning...
October NY world sugar #11 (SBV24 ) today is up +0.70 (+3.91%), and Oct London ICE white sugar #5 (SWV24 ) is up +11.60 (+2.22%). NY sugar prices on Thursday recovered somewhat on short-covering from Wednesday's...
September ICE NY cocoa (CCU24 ) today is down -399 (-4.85%), and September ICE London cocoa #7 (CAU24 ) is down -269 (-4.03%). Cocoa prices on Thursday continued to fall back on long liquidation pressure...
September arabica coffee (KCU24 ) is up +2.05 (+0.89%), and Sep ICE robusta coffee (RMU24 ) is up +43 (+0.99%). Coffee prices today are rebounding higher on some short-covering after the sharp sell-off...
Cotton prices are down 47 to 55 this morning. Futures continue to be under pressure, with losses of 83 to 100 points in most contracts at Wednesday’s close. The US dollar index was weaker, down 90 points...
I am planning to sell a Live Cattle calendar this week and continue to hold a long White Sugar calendar spread