Cotton futures closed the Wednesday session with contracts anywhere from down 6 to 7 points higher. The outside markets were adding some pressure, with the crude oil down another 21 cents/barrel and the...
March NY world sugar #11 (SBH25 ) Wednesday closed down -0.45 (-2.00%), and December London ICE white sugar #5 (SWZ24 ) closed down -11.20 (-1.95%). Sugar prices on Wednesday dropped to 2-1/2 week lows...
December ICE NY cocoa (CCZ24 ) Wednesday closed up +301 (+4.27%), and December ICE London cocoa #7 (CAZ24 ) closed up +254 (+4.96%). Cocoa prices Wednesday jumped to 1-week highs and settled sharply higher...
December arabica coffee (KCZ24 ) Wednesday closed up +1.85 (+0.75%), and November ICE robusta coffee (RMX24 ) closed up +9 (+0.19%). Coffee prices posted moderate gains on Wednesday, with robusta recovering...
Cotton futures are trading with 4 to 10 point gains on Wednesday. The outside markets are adding some pressure, with the crude oil down another 82 cents/barrel and the US dollar index up 337 points. The...
March NY world sugar #11 (SBH25 ) today is down -0.32 (-1.42%), and December London ICE white sugar #5 (SWZ24 ) is down -8.00 (-1.39%). Sugar prices today dropped to 2-1/2 week lows as forecasted rains...
December ICE NY cocoa (CCZ24 ) today is up +324 (+4.60%), and December ICE London cocoa #7 (CAZ24 ) is up +254 (+4.96%). Cocoa prices today jumped sharply to 1-week highs as global cocoa stockpiles tighten....
December arabica coffee (KCZ24 ) today is up +2.35 (+0.95%), and November ICE robusta coffee (RMX24 ) is up +44 (+0.91%). Coffee prices today are moderately higher, with robusta recovering from a 1-month...
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Noncommercial traders in the Grains sector have been moving to the sidelines. We'll see if the various markets provide a fundamental reason for funds to eventually go net-long futures.
Cotton trade on Wednesday morning is showing 38 to 48 point gains. Futures settled Tuesday with contracts down 41 to 126 points. The outside markets added some pressure, with the crude oil dropping $3.24/barrel...