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Cotton futures were 5 to 13 points in the red on Wednesday. Crude oil was back up another $5.44 on Wednesday, adding some premium pack in as the Iran situation continues to unfold despite the International...
May arabica coffee (KCK26 ) on Wednesday fell by -8.40 (-2.84%), and May ICE robusta coffee (RMK26 ) fell by -139 (-3.76%). Coffee prices fell on favorable weather in Brazil, as showers are forecast in...
May NY world sugar #11 (SBK26 ) on Wednesday closed down -0.13 (-0.90%), and May London ICE white sugar #5 (SWK26 ) closed down -4.80 (-1.15%). Sugar prices on Wednesday fell back on some long liquidation...
May ICE NY cocoa (CCK26 ) on Wednesday closed down -18 (-0.52%), and May ICE London cocoa #7 (CAK26 ) closed up +4 (+0.16%). Cocoa prices on Wednesday consolidated after Tuesday's rally of +4.80% in NY...
Cotton futures are 5 to 11 points in the red at midday. Crude oil is back up another $3.03 on Wednesday, adding some premium pack in as the Iran situation continues to unfold despite the International...
May NY world sugar #11 (SBK26 ) today is down -0.13 (-0.90%), and May London ICE white sugar #5 (SWK26 ) is down -5.60 (-1.34%). Sugar prices today have fallen back on some long liquidation pressure after...
May ICE NY cocoa (CCK26 ) is down -11 (-0.32%), and May ICE London cocoa #7 (CAK26 ) is up +3 (+0.12%). Cocoa prices are consolidating after Tuesday's rally of +4.80% in NY cocoa and +5.12% in London cocoa....
May arabica coffee (KCK26 ) today is down -8.70 (-2.94%), and May ICE robusta coffee (RMK26 ) is down -137 (-3.71%). Coffee prices are lower today on favorable weather in Brazil, as showers are forecast...
We already know classic technical analysis has become obsolete, but can we make the same argument for fundamental analysis? If so, what are we left with?
Cotton price action is up 3 to 26 points so far on Wednesday morning. Futures were 55 to 68 points higher at Tuesday’s close. Crude oil was down $8.38 on the day, though they did bounce $8 off the low...
