Cocoa #7 Dec '23 (CAZ23)
Cocoa #7 Futures Market News and Commentary
September ICE NY cocoa (CCU26) on Wednesday closed up +76 (+1.37%), and September ICE London cocoa #7 (CAU26) closed up +35 (+0.86%).
Cocoa prices closed higher on Wednesday, retracing some of the sharp declines seen on Tuesday, when NY and London cocoa fell by more than -4%. Cocoa prices plunged on Tuesday due to reports of exceptional growing conditions in the Ivory Coast and Ghana, which have boosted new flowering on cocoa trees ahead of the start of the main crop harvest next month.
Last Monday’s cumulative data from the Ivory Coast showed that farmers shipped 2.11 MMT of cocoa to ports in the current marketing year (October 1, 2025, through August 2, 2026), up +20% from the same period a year ago. Also, Bloomberg reported on July 16 that Nigerian cocoa exports in June rose 30% y/y to 18,922 MT.
Rising cocoa inventories are negative for prices after ICE cocoa inventories rose to a 2-year high of 3,384,965 bags last Wednesday, although inventories have since... Read more
Barchart · 41 minutes ago
Cotton prices are down 123 to 157 points across the front months early on Thursday. Futures saw strength on Wednesday, with contracts 8 to 48 points higher,...
Barchart · Wed Aug 12, 5:08PM CDT
Cotton futures saw strength on Wednesday, with contracts 8 to 48 points higher, as December was the lone holdout, down a tick. Crude oil was down just...
Barchart · Wed Aug 12, 1:39PM CDT
October NY world sugar #11 (SBV26 ) on Wednesday closed down -0.31 (-1.85%), and October London ICE white sugar #5 (SWV26 ) closed down -4.40 (-0.86%)....
Barchart · Wed Aug 12, 1:38PM CDT
September ICE NY cocoa (CCU26 ) on Wednesday closed up +76 (+1.37%), and September ICE London cocoa #7 (CAU26 ) closed up +35 (+0.86%). Cocoa prices closed...
Barchart · Wed Aug 12, 1:37PM CDT
September arabica coffee (KCU26 ) on Wednesday closed up +4.35 (+1.30%), and September ICE robusta coffee (RMU26 ) closed down -13 (-0.34%). NY arabica...
Barchart · Wed Aug 12, 12:03PM CDT
October NY world sugar #11 (SBV26 ) is down -0.35 (-2.09%), and October London ICE white sugar #5 (SWV26 ) is down -4.10 (-0.80%). Sugar prices today fell...
Barchart · 16 minutes ago
SemiAnalysis sees SpaceX's AI business reaching $235 billion in annual revenue by 2027, but at a huge infrastructure cost.
Barchart · 16 minutes ago
Dell is set to report Q2 2027 earnings early next month.
Barchart · 41 minutes ago
Soybean price action is down 1 to 2 cents so far on Thursday morning. Futures posted 6 to 17 ¼ cent gains on Wednesday despite a neutral to slightly bearish...
Barchart · 41 minutes ago
Corn is trading with Thursday morning losses of 3 to 4 cents. Futures closed the Wednesday session with contracts down 18 to 20 ½ cents in through next...
Barchart · 41 minutes ago
Lean hog futures closed the midweek session with contracts 22 to 95 cent gains, as soon to expire August was down 20 cents. USDA’s national base hog...
Barchart · 41 minutes ago
Live cattle futures posted $2.00 to $2.97 losses across the board. Open interest was up 573 contracts. There were no deliveries issued against August futures...
Barchart · 41 minutes ago
Cotton prices are down 123 to 157 points across the front months early on Thursday. Futures saw strength on Wednesday, with contracts 8 to 48 points higher,...
Barchart · 41 minutes ago
Wheat is up 1 to 4 cents across the three exchanges. The wheat complex is trading with sharp midday gains across the three exchanges. Chicago SRW contracts...