Educational and Actionable information using Fibonacci and W.D. Gann analysis.
Hedge funds added a record 112,500 net long contracts over the past 5 trading days. In addition, net longs have increased over 117,000 contracts over the past 6 weeks. This occurred just as Sugar enters...
Fed FOMC Rate Decision on Wednesday
Cattle Cash markets continue to show strength
Soybeans settled the Friday session with 5 to 7 cent gains across most contracts, with March rolling off the board. May futures were down 9 cents this week, with new crop November 7 ½ cents lower. CmdtyView’s...
The wheat complex posted weaker trade on Friday across the three markets as March Rolled off the board. Chicago SRW was the weaker of the three, down 5 to 6 cents, with May 5 ¾ cents higher on the week....
The corn market closed Friday with front months down 6 to 8 cents in the nearbys as March expired and May dropping 10 ¾ cents on the week. New crop December was down 3 ¼ cents on Friday, with a 4 cent...
Funds Pare Positions Amid Uncertainties
Corn futures are trading with 7 to 10 cent losses across the front months on Friday, with New crop down 2 ½ cents. There were no deliveries for March futures overnight, with the contract expiring today....
The wheat market is showing mostly lower trade on Friday as March futures expires. Chicago SRW futures are mostly 6 to 8 cents in the red. KC HRW futures are down 2 to 3 cents on the session. There were...
Cotton futures saw a pull back on Thursday, with contracts closing with losses of 30 to 50 points in the nearbys. Crude oil futures closed Thursday down $0.90/barrel to provide some pressure, with the...
May NY world sugar #11 (SBK25 ) Thursday closed up +0.39 (+2.07%), and May London ICE white sugar #5 (SWK25 ) closed up +5.50 (+1.03%). Sugar prices Thursday extended this week's advance, with NY sugar...
May ICE NY cocoa (CCK25 ) Thursday closed down -183 (-2.19%), and May ICE London cocoa #7 (CAK25 ) closed down -148 (-2.28%). Cocoa prices Thursday gave up an early advance and posted moderate losses on...
May arabica coffee (KCK25 ) Thursday closed down -1.05 (-0.27%), and May ICE robusta coffee (RMK25 ) closed up +20 (+0.35%). Coffee prices on Thursday settled mixed, with arabica falling to a 1-1/2 week...
Cotton futures are showing 18 to 31 point gains on Thursday, with outside pressure weighing on things. Crude oil futures are down $97 /barrel to provide some pressure, with the US dollar index up $0.113...
May NY world sugar #11 (SBK25 ) today is up +0.24 (+1.27%), and May London ICE white sugar #5 (SWK25 ) is up +3.80 (+0.71%). Sugar prices today extended this week's advance, with NY sugar posting a 2-week...
May ICE NY cocoa (CCK25 ) today is down -191 (-2.29%), and May ICE London cocoa #7 (CAK25 ) is down -141 (-2.17%). Cocoa prices today gave up an early advance and turned lower on the outlook for a global...
May arabica coffee (KCK25 ) today is down -0.90 (-0.23%), and May ICE robusta coffee (RMK25 ) is down -22 (-0.40%). Coffee prices today are under pressure, with arabica falling to a 1-1/2 week low. Somar...
Cotton price action has futures down 17 to 26 points so far. Futures posted another rebound session on Wednesday, up 72 to 100 points to close out the day. Crude oil futures were up $1.44/barrel to provide...
Cotton futures posted another rebound session on Wednesday, up 72 to 100 points to close out the day. Crude oil futures were up $1.44/barrel to provide some support, with the US dollar index back up $0.227...