Cocoa Jul '27 (CCN27)
Cocoa Futures Market News and Commentary
July ICE NY cocoa (CCN26) on Wednesday closed down -29 (-0.70%), and July ICE London cocoa #7 (CAN26) closed down -23 (-0.73%).
Cocoa prices fell from 1.5-week highs on Wednesday and settled lower after the dollar index ($DXY) recovered from early losses and moved higher, which spurred long liquidation in cocoa futures. Â Also, signs of abundant cocoa supplies are negative for prices, as ICE cocoa inventories rose to a 1.75-year high of 2,745,277 bags on Tuesday.
Cocoa prices have moved higher over the past two sessions and posted 1.5-week highs on Wednesday amid fund short-covering, spurred by heavy rains in the Ivory Coast that have caused flooding and cut off farmers' access to cocoa plantations.  Cocoa prices also have support on concerns that a potential El Niño weather pattern this year could threaten the West African cocoa crop.
On May 11, cocoa prices soared to 4-month highs amid concerns that the formation of an El Niño weather pattern could lead to warmer... Read more
Barchart · Wed May 27, 1:28PM CDT
July NY world sugar #11 (SBN26 ) on Wednesday closed down -0.40 (-2.75%), and Aug London ICE white sugar #5 (SWQ26 ) closed down -7.10 (-1.63%). Sugar...
Barchart · Wed May 27, 1:26PM CDT
July ICE NY cocoa (CCN26 ) on Wednesday closed down -29 (-0.70%), and July ICE London cocoa #7 (CAN26 ) closed down -23 (-0.73%). Cocoa prices fell from...
Barchart · Wed May 27, 1:23PM CDT
July arabica coffee (KCN26 ) on Wednesday closed down -4.15 (-1.51%), and July ICE robusta coffee (RMN26 ) closed down -47 (-1.34%). Coffee prices fell...
Barchart · Wed May 27, 12:20PM CDT
Cotton futures are trading with contracts down 55 to 65 points across most nearbys at midday. The US dollar index is $0.019 higher at $99.120. Crude oil...
Best Weather Inc. · Wed May 27, 11:47AM CDT
Could we see the return of the Big One?
Barchart · Wed May 27, 11:27AM CDT
July NY world sugar #11 (SBN26 ) today is down -0.38 (-2.61%), and Aug London ICE white sugar #5 (SWQ26 ) is down -6.70 (-1.53%). Sugar prices are selling...
Barchart · 29 minutes ago
The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed up +0.02%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.36%, and the Nasdaq 100 Index...
Barchart · 1 hour ago
AutoZone stock sinks as Q3 revenue misses estimates and gross margin shrinks 57 basis points. TD Cowen trimmed its price target on AZO shares after the...
Barchart · 1 hour ago
The dollar index (DXY00 ) on Wednesday rose by +0.03%. The dollar recovered from early losses on Wednesday and posted modest gains on conflicting signals...
Barchart · 1 hour ago
July WTI crude oil (CLN26 ) on Wednesday closed down -5.21 (-5.55%), and July RBOB gasoline (RBN26 ) closed down -0.0798 (-2.54%). Crude oil and gasoline...
Barchart · 1 hour ago
June Nymex natural gas (NGM26 ) on Wednesday closed up +0.146 (+5.04%). Nat-gas prices recovered from a 1.5-week low on Wednesday and settled sharply higher...
Barchart · 1 hour ago
HSBC upgraded Marvell on an AI networking supercycle that could drive the stock higher. Investors await earnings release today after market close.
Barchart · 1 hour ago
American Airlines stock is inching up as management announced a team-up with SpaceX. Here’s why the Starlink deal warrants buying AAL shares today.
Barchart · 1 hour ago
The LDS Church and its investment arm have leaned heavily on the AI revolution, and so far it's working out pretty well for them. Here's what institutional...
