Soft Commodities
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Falling ICE Inventories Boosted Arabica Coffee Prices
December arabica coffee (KCZ26) closed up +3.20 (+1.03%) on Friday, and November ICE robusta coffee (RMX26) closed down -26 (-0.73%).…
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Cocoa Prices Surged on West African Crop Risks
December ICE NY cocoa (CCZ26) closed up +475 (+7.69%) on Friday, and September ICE London cocoa #7 (CAU26) closed up…
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Sugar Prices Retreated on Long Liquidation Pressures
October NY world sugar #11 (SBV26) closed down -0.63 (-3.46%) on Friday, and October London ICE white sugar #5 (SWV26)…
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Cotton Saw Profit Taking Pressure to Close the Week
Cotton futures faced pressure to close the week with Friday losses of 19 to 114 points across the board. December…
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Wheat Extended Rally to 3-Year Highs into the Weekend
The wheat complex extended the move to 3-year highs for the winter wheats into the weekend. Chicago SRW contracts rallied…
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Soybeans Rallied with the Products on Friday
Soybeans posted 14 to 30 cent gains across most contracts on the Friday session. September was up 51 ¼ cents…
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Corn Pushed Gains into the Weekend as Specs Expand Length
Corn futures held onto the Friday gains into the close, with contracts settling 1 to 4 cents higher. September rallied…
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Cattle Markets Breakdown and End the Week on a Sour Note
The Cattle futures markets opened higher on Friday and traded to their respective highs. The markets then worked their way…
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Baltic Dry Index Extends Rally Into 7th Day
The Baltic Exchange’s dry bulk freight index rose 2.5% to 3,186 on Friday, extending its winning streak to seven sessions…
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Trade of The Day – COCOA
Facts: EMA60 crossed above EMA200 and EMA100 from below EMA100 is narrowing the distance to EMA200 (from below) Price broke…
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