Cocoa #7 Mar '25 (CAH25)
Cocoa #7 Futures Market News and Commentary
September ICE NY cocoa (CCU26) on Tuesday closed up +111 (+2.23%), and July ICE London cocoa #7 (CAN26) closed up +104 (+2.80%).
Cocoa prices settled sharply higher on Tuesday and are modestly below last Thursday’s 5.5-month highs. Cocoa prices have rallied sharply over the past two weeks, rising by more than 20% and hitting 5.5-month highs last Thursday. Concerns about the upcoming West African cocoa crop pushed prices sharply higher. Heavy rains in the Ivory Coast and Ghana have flooded roads and cut off farmers’ access to farms and ports, threatening global supplies. Accumulated June rainfall through last Monday has already reached levels near the typical average for the entire month in both countries. Excessive moisture also increases the risk of brown rot disease and black pod disease on cocoa trees, reducing yields and jeopardizing the harvest.Â
Cocoa prices also have underlying medium-term support from future weather concerns. On June 10, Japan’s Meteorologica... Read more
Barchart · 1 hour ago
Cotton price action is up 77 to 90 points early on Wednesday morning. Futures found strength to round out June, with contracts 22 to 43 points higher despite...
Barchart · Tue Jun 30, 5:25PM CDT
Cotton futures found strength to round out June, with contracts 22 to 43 points higher despite USDA reporting more acres than expected this morning. Crude...
Barchart · Tue Jun 30, 1:23PM CDT
July NY world sugar #11 (SBN26 ) on Tuesday closed up +0.05 (+0.35%), and Aug London ICE white sugar #5 (SWQ26 ) closed up +1.00 (+0.214%). Sugar prices...
Barchart · Tue Jun 30, 1:22PM CDT
September ICE NY cocoa (CCU26 ) on Tuesday closed up +111 (+2.23%), and July ICE London cocoa #7 (CAN26 ) closed up +104 (+2.80%). Cocoa prices settled...
Barchart · Tue Jun 30, 1:21PM CDT
September arabica coffee (KCU26 ) on Tuesday closed up +18.65 (+6.71%), and September ICE robusta coffee (RMU26 ) closed up +94 (+2.64%). Coffee prices...
Barchart · Tue Jun 30, 11:45AM CDT
Cotton futures are showing modest gains on Tuesday, despite USDA reporting more acres than expected this morning. Gains of 35 to 70 points are shown at...
Barchart · 3 minutes ago
Comcast is set to announce its second-quarter results this month, with analysts forecasting double-digit decline in its bottom-line figure.
Barchart · 10 minutes ago
Ameriprise Financial is set to announce its second-quarter earnings in July, and Wall Street expects a double-digit rise in its profits.
Barchart · 25 minutes ago
With a very low RSI, charts are signaling that PLTR stock is oversold.
Barchart · 40 minutes ago
The acquisition of Topaz Labs will help Adobe offer both content creation and content enhancement tools to users.
Barchart · 55 minutes ago
Investor interest in the broader space sector is reignited. Planet Labs PBC rallied over 15% after Rocket Lab announced its $8 billion acquisition of Iridium...
Barchart · 55 minutes ago
With the announcement of the first custom AI chip from OpenAI, Wedbush has another reason to be bullish on Broadcom.
Barchart · 55 minutes ago
Huntington Bancshares is scheduled to report its second-quarter results in July, and analysts expect a single-digit earnings rise.
Barchart · 1 hour ago
Blackstone will release its second-quarter earnings soon, and analysts anticipate a low double-digit bottom-line growth.