Soft Commodities
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Long Liquidation and Elevated ICE Inventories Weigh on Cocoa Prices
September ICE NY cocoa (CCU26) on Thursday closed down -56 (-1.10%), and September ICE London cocoa #7 (CAU26) closed down…
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Crude Oil Weakness Pressures Sugar Prices
October NY world sugar #11 (SBV26) on Thursday closed down -0.14 (-0.93%), and Aug London ICE white sugar #5 (SWQ26)…
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Cotton See Pressure into the Long Weekend
Cotton futures closed with contracts 20 to 72 points higher on Thursday, as December was up 74 points this week.…
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Palm Oil Poised for Second Straight Weekly Drop
Malaysian palm oil futures edged lower, hovering below MYR 4,500 per tonne and extending recent losses as a stronger ringgit…
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Wheat gains as USDA points to the smallest harvested area since 1877
Wheat prices have risen for a third consecutive session after the U.S. Department of Agriculture (USDA) downgraded its outlook for…
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Brazil Weather Risks Underpin Coffee Prices
September arabica coffee (KCU26) today is up +1.50 (+0.51%), and September ICE robusta coffee (RMU26) is up +70 (+1.91%). Coffee…
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Excessive West African Rains Support Cocoa Prices
September ICE NY cocoa (CCU26) on Wednesday closed up +14 (+0.28%), and September ICE London cocoa #7 (CAU26) was unchanged.…
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Global Weather Risks Boost Sugar Prices
October NY world sugar #11 (SBV26) on Wednesday closed up +0.17 (+1.15%), and Aug London ICE white sugar #5 (SWQ26)…
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Cotton Rallies
Cotton futures were in rally mode late on Wednesday, with contracts up 104 to 106 points in the front months.…
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Palm Oil Trades Ease Slightly
Malaysian palm oil futures edged lower to below MYR 4,560 per tonne, giving back part of the prior session’s gains…
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