The rally in Soybeans started from a 61.8% retracement on the continuation chart at 1138.00.
Corn futures have been under pressure for the last three sessions after failing against resistance to start the week. Will support hold into the weekend or will the selling persist?
July NY world sugar #11 (SBN24 ) on Thursday closed down -0.32 (-1.72%), and Aug London ICE white sugar #5 (SWQ24 ) closed down -6.10 (-1.12%). Sugar prices Thursday added to this week's losses, with NY...
July ICE NY cocoa (CCN24 ) on Thursday closed down -450 (-5.74%), and July ICE London cocoa #7 (CAN24 ) closed down -325 (-4.96%). Cocoa prices posted sharp losses on Thursday as the market continued its...
July arabica coffee (KCN24 ) on Thursday closed down -1.50 (-0.75%), and July ICE robusta coffee (RMN24 ) closed up +18 (+0.53%). Coffee prices on Thursday settled mixed. A rebound in ICE coffee inventories...
July NY world sugar #11 (SBN24 ) today is down -0.25 (-1.34%), and Aug London ICE white sugar #5 (SWQ24 ) is down -4.10 (-0.76%). Sugar prices today extended this week's slide, with NY sugar posting a...
July ICE NY cocoa (CCN24 ) this morning is down -467 (-5.95%), and July ICE London cocoa #7 (CAN24 ) is down -314 (-4.79%). Cocoa prices today are sharply lower as the market continues its volatile price...
July arabica coffee (KCN24 ) this morning is down -0.60 (-0.30%), and July ICE robusta coffee (RMN24 ) is up +2 (+0.06%). Coffee prices today are mixed. A rebound in ICE coffee inventories from historically...
#5 | Big Bushels U.S. corn yields haven't hit/exceeded so-called trend (USDA’s initial print) since 2018 and although 2023 was a record-high yield at 177.3 - it fell well-below the 181.5 trend. In four...
Corn futures were under pressure the last few days, but was it enough to cause technical damage or is the trend still intact?