Soft Commodities
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Below Normal Rain in Brazil Supports Coffee Prices
May arabica coffee (KCK25) Wednesday closed up +6.65 (+1.80%), and May ICE robusta coffee (RMK25) closed up +15 (+0.28%). Coffee…
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Cocoa Tumbles 4%
📌Cocoa futures retreat amid rainfall forecasts and weak data suggesting demand woes ICE-traded cocoa futures (COCOA) are down nearly 4%…
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Corn Closes Mixed, as New Crop Bids Up
The corn market posted mixed trade, as the recent bull spreads unwind. Nearbys were down 3 to 4 cents at…
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Wheat Weakness Extends into Tuesday’s Close
The wheat complex posted extended weakness on Tuesday, with contracts down across the three markets. Chicago SRW futures closed with losses…
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Soybean Posts Mixed Trade, as New Crop Holds Up
The soybean market closed with mixed action on Tuesday, as front months were down 3 to 6 cents. New crop…
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Cotton Posts Strength
Cotton futures saw a Turnaround Tuesday bounce, to close out the session 66 to 99 points higher. Crude oil futures are…
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Sugar Prices Sink on the Outlook for Ample Monsoon Rains in India
May NY world sugar #11 (SBK25) Tuesday closed down -0.35 (-1.96%), and May London ICE white sugar #5 (SWK25) closed…
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Cocoa Prices Retreat on Slack Demand
May ICE NY cocoa (CCK25) Tuesday closed down -245 (-2.97%), and May ICE London cocoa #7 (CAK25) closed down -183…
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Coffee Prices Settle Higher on Supply Fears
May arabica coffee (KCK25) Tuesday closed up +9.00 (+2.50%), and May ICE robusta coffee (RMK25) closed up +110 (+2.09%). Coffee…
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Wheat Weakness Comes Back in on Monday
The wheat complex gave back most of Friday’s gains, as losses extended across the three exchanges. Chicago SRW futures were back…
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