White Sugar has been dropping steadily down the declining channel since early July. Friday the market broke through the upper trend line and appeared ready to move higher.
Jim's video is an in-depth view of how weather holds the keys to all crops
Cotton futures settled with gains of 101 to 170 across the front months, as a few deferreds were up 72 to 98 points. Outside markets were supportive, with the US dollar index down 834 points and below...
Cold Storage - 2024-08-23
October NY world sugar #11 (SBV24 ) Friday closed up +0.54 (+3.03%), and Oct London ICE white sugar #5 (SWV24 ) closed up +13.60 (+2.66%). Sugar prices Friday rallied sharply to 1-week highs. Sugar prices...
September ICE NY cocoa (CCU24 ) Friday closed up +132 (+1.36%), and September ICE London cocoa #7 (CAU24 ) closed down -62 (-0.98%). NY cocoa prices settled mixed on Friday, with NY cocoa posting a 2-month...
December arabica coffee (KCZ24 ) Friday closed up +4.40 (+1.81%), and Sep ICE robusta coffee (RMU24 ) closed up +225 (+4.59%). Coffee prices Friday recovered from early losses and moved higher, with robusta...
Cotton futures are trading 132 to 170 points higher across the front months on Friday’s midday. Outside markets are supportive, with the US dollar index down 604 points and below $101. Crude oil futures...
October NY world sugar #11 (SBV24 ) today is up +0.46 (+2.58%), and Oct London ICE white sugar #5 (SWV24 ) is up +12.90 (+2.52%). Sugar prices today are sharply higher and posted 1-week highs. Sugar prices...
September ICE NY cocoa (CCU24 ) today is up +132 (+1.36%), and September ICE London cocoa #7 (CAU24 ) is down -62 (-0.98%). NY cocoa prices today are mixed, with NY cocoa posting a 2-month high as dry...