Soft Commodities
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Cocoa Prices Consolidate After News of Large Export Purchases
Cocoa prices on Wednesday consolidated after Tuesday’s rally of +4.80% in NY cocoa and +5.12% in London cocoa. Tuesday’s rally…
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Coffee Prices Fall on Brazil Weather and ICE Inventories
May arabica coffee (KCK26) on Wednesday fell by -8.40 (-2.84%), and May ICE robusta coffee (RMK26) fell by -139 (-3.76%).…
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Cotton futures were 55 to 68 points higher
Crude oil was down $8.38 on the day as the US began escorting vessels through the Strait of Hormuz, though…
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Sugar Prices Fall on the Plunge in Crude Oil Prices
May NY world sugar #11 (SBK26) on Tuesday closed down -0.21 (-1.44%), and May London ICE white sugar #5 (SWK26)…
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Coffee Prices Fall Back After 1-1/2 Week Rally
May arabica coffee (KCK26) closed down -1.10 (-0.37%), and May ICE robusta coffee (RMK26) closed down -79 (-2.09%). NY arabica…
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Cocoa Prices Extend 1-1/2 Week Rally on Report of Large Export Purchases
May ICE NY cocoa (CCK26) on Tuesday closed up +158 (+4.80%), and May ICE London cocoa #7 (CAK26) closed up…
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Palm Oil Rebounds on Weaker Ringgit, Firm Exports
Malaysian palm oil futures hovered around MYR 4,450 per tonne on Wednesday, recovering from the prior session’s sharp drop as…
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Wheat Stabilizes on Easing Oil Prices
Wheat futures stabilized near $580 per bushel after surging to as high as $635 on March 9th, as oil prices…
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Live cattle futures were down $3.35 to $4.25
Live cattle futures are down $3.35 to $4.25 so far at midday. Cash trade settled in at $240 across most…
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Sugar Prices Jump as Crude Oil Surges
May NY world sugar #11 (SBK26) on Monday closed up +0.49 (+3.48%), and May London ICE white sugar #5 (SWK26)…
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