The cotton spreads reversed a little on Thursday, with new crop gaining on old crop for a change. Net changes were -39 to up 15 points. The US Dollar Index was back up 595 points on the day, after some...
July NY world sugar #11 (SBN24 ) on Thursday closed up +0.49 (+2.57%), and Aug London ICE white sugar #5 (SWQ24 ) closed up +12.60 (+2.27%). Sugar prices Thursday climbed to 1-month highs on concerns of...
July ICE NY cocoa (CCN24 ) on Thursday closed up +271 (+2.57%), and July ICE London cocoa #7 (CAN24 ) closed up +376 (+4.34%). Cocoa prices Thursday extended this week's rally and posted 1-1/2 month highs....
July arabica coffee (KCN24 ) on Thursday closed up +1.70 (+0.76%), and July ICE robusta coffee (RMN24 ) closed down -19 (-0.45%). Coffee prices Thursday settled mixed. Arabica coffee rose on the limited...
Cotton are trading with mixed action on Thursday, as July is down 24 points, with other contracts heading higher. The US Dollar Index is back up 645 points on the day, after some cooler PPI data from...
July NY world sugar #11 (SBN24 ) today is up +0.38 (+1.99%), and Aug London ICE white sugar #5 (SWQ24 ) is up +11.40 (+2.05%). Sugar prices today climbed to 1-month highs on expectations for fewer sugar...
July ICE NY cocoa (CCN24 ) today is up +243 (+2.31%), and July ICE London cocoa #7 (CAN24 ) is up +364 (+4.20%). Cocoa prices today extended this week's rally and posted 1-1/2 month highs. Concerns that...
July arabica coffee (KCN24 ) today is up +1.50 (+0.67%), and July ICE robusta coffee (RMN24 ) is down -19 (-0.45%). Coffee prices today are mixed. Arabica coffee is climbing on concern that dry conditions...
Cotton prices are trading 10 to 25 points lower ahead of USDA’s weekly Export Sales release. Futures got Wednesday selling pressure from USDA data, as contracts were down 46 to 99 points. The US Dollar...
Seasonality for both markets is neutral so sticking with the bullish momentum is likely the best strategy.