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Food Beverage News and Commentary

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Wed, May 15th, 2024
Sugar Prices Pressured by Strong Brazil Sugar Production

July NY world sugar #11 (SBN24 ) on Wednesday closed down -0.22 (-1.17%), and Aug London ICE white sugar #5 (SWQ24 ) closed down -10.70 (-1.93%). Sugar prices on Wednesday settled moderately lower but...

SBN24 : 18.65s (-1.17%)
SWQ24 : 542.30s (-1.93%)
Cocoa Prices Close Sharply Higher on Recovery After Monday's Plunge

July ICE NY cocoa (CCN24 ) on Wednesday closed up +521 (+7.12%), and July ICE London cocoa #7 (CAN24 ) closed up +405 (+6.59%). Cocoa prices on Wednesday settled sharply higher on ideas that this week's...

CCN24 : 7,843s (+7.12%)
CAN24 : 6,554s (+6.59%)
Coffee Prices Post Moderate Losses as ICE Coffee Inventories Rebound

July arabica coffee (KCN24 ) on Wednesday closed down -1.45 (-0.72%), and July ICE robusta coffee (RMN24 ) closed down -31 (-0.90%). Coffee prices today posted moderate losses on a rebound in ICE coffee...

KCN24 : 199.40s (-0.72%)
RMN24 : 3,402s (-0.90%)
Sugar Prices Retreat as Brazil Ramps Up Sugar Production

July NY world sugar #11 (SBN24 ) this morning is down -0.19 (-1.01%), and Aug London ICE white sugar #5 (SWQ24 ) is down -8.80 (-1.59%). Sugar prices this morning are moderately lower but remain above...

SBN24 : 18.65s (-1.17%)
SWQ24 : 542.30s (-1.93%)
Keurig Dr Pepper Stock: Analyst Estimates & Ratings

Keurig Dr Pepper has underperformed the broader market YTD, but Wall Street analysts look cautiously optimistic about the stock’s outlook.

KDP : 33.87 (-0.88%)
$SPX : 5,302.76 (+1.07%)
XLP : 77.22 (-0.04%)
WFC : 62.02 (+0.21%)
Cocoa Prices Recover More of This Week's Plunge

July ICE NY cocoa (CCN24 ) this morning is up +559 (+7.63%), and July ICE London cocoa #7 (CAN24 ) is up +401 (+6.52%). Cocoa prices this morning are sharply higher on speculation that this week's price...

CCN24 : 7,843s (+7.12%)
CAN24 : 6,554s (+6.59%)
Coffee Prices Under Pressure as ICE Coffee Inventories Rebound

July arabica coffee (KCN24 ) this morning is down -2.20 (-1.10%), and July ICE robusta coffee (RMN24 ) is down -53 (-1.54%). Coffee prices this morning are posting moderate losses on a rebound in ICE coffee...

KCN24 : 199.40s (-0.72%)
RMN24 : 3,402s (-0.90%)
Monster Beverage Stock Outlook: Is Wall Street Bullish or Bearish?

Monster Beverage has significantly underperformed the broader market over the past year, and Wall Street analysts hold a cautiously optimistic view about the stock’s prospects.

MNST : 54.40 (-0.15%)
$SPX : 5,302.76 (+1.07%)
XLP : 77.22 (-0.04%)
Grain markets were under pressure in Tuesday’s trade but are firming in the early morning trade, will it last?

Provided by TradingView Corn Technicals (July) July corn futures traded on both sides of unchanged yesterday, finishing the day near the low end of the range which was just above the previous day’s low....

Meteorology's MJO index: What it means and how it is affecting sugar and coffee prices

Jim explains how the MJO may be the factor behind the price movements in sugar and coffee

SBN24 : 18.65s (-1.17%)
SBV24 : 18.70s (-0.95%)
SWQ24 : 542.30s (-1.93%)
SWZ24 : 514.80s (-1.13%)
CANE : 11.52 (-1.12%)
RMN24 : 3,402s (-0.90%)
RMU24 : 3,336s (-0.83%)

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Universal Stainles (USAP)

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