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CME Cotton #2 May '24 (KGK24)

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News & Headlines for [[ item.sessionDateDisplayLong ]]
Sugar Prices Undercut by a Stronger Dollar

July NY world sugar #11 (SBN24 ) Friday closed down -0.22 (-1.14%), and Aug London ICE white sugar #5 (SWQ24 ) closed down -7.50 (-1.34%). Sugar prices Friday retreated from 3-week highs and settled with...

SBN24 : 19.00s (-1.14%)
SWQ24 : 553.30s (-1.34%)
DXY00 : 104.918 (+0.78%)
Cocoa Prices Post Moderate Gains on Restrictions of Ivory Coast Cocoa Sales

July ICE NY cocoa (CCN24 ) Friday closed up +61 (+0.62%), and July ICE London cocoa #7 (CAN24 ) closed up +130 (+1.65%). Cocoa prices Friday extended this week's sharp rally to 5-week highs on concern...

CCN24 : 9,933s (+0.62%)
CAU24 : 7,326s (+1.30%)
Coffee Prices Close Sharply Lower as Supply Concerns Ease

July arabica coffee (KCN24 ) Friday closed down -9.40 (-4.01%), and July ICE robusta coffee (RMN24 ) closed down -150 (-3.39%). Coffee prices Friday closed sharply lower. A faster pace to Brazil's coffee...

KCU24 : 224.90s (-3.62%)
RMU24 : 4,128s (-3.87%)
Cotton Sees Profit Taking Ahead of Weekend

Cotton traders weren’t content to try to carry winning long positions (3 day rally) over the weekend. A sharply stronger US dollar is among several factors encouraging some profit taking. US employment...

CTN24 : 73.84s (-2.12%)
CTV24 : 74.20s (-1.20%)
CTZ24 : 72.89s (-0.96%)
Sugar Prices Retreat as Dollar Strength Spurs Long Liquidation

July NY world sugar #11 (SBN24 ) today is down -0.37 (-1.93%), and Aug London ICE white sugar #5 (SWQ24 ) is down -10.40 (-1.85%). Sugar prices today retreated from 3-week highs and are moderately lower....

SBN24 : 19.00s (-1.14%)
SWQ24 : 553.30s (-1.34%)
DXY00 : 104.918 (+0.78%)
Cocoa Prices Supported by the Outlook for Tight Global Supplies

July ICE NY cocoa (CCN24 ) today is up +88 (+0.89%), and July ICE London cocoa #7 (CAN24 ) is up +88 (+1.12%). Cocoa prices today extended Thursday's sharp rally to 5-week highs on concern that tight global...

CCN24 : 9,933s (+0.62%)
CAU24 : 7,326s (+1.30%)
Coffee Price Slump as Brazil's Coffee Harvest Accelerates

July arabica coffee (KCN24 ) today is down -9.30 (-3.97%), and July ICE robusta coffee (RMN24 ) is down -173 (-3.91%). Coffee prices today are sharply lower. A faster pace to Brazil's coffee harvest is...

KCU24 : 224.90s (-3.62%)
RMU24 : 4,128s (-3.87%)
Cotton Futures Down Early on Pre-Weekend Position Squaring

Players in the cotton market are fading midweek gains going into the weekend, with prices down 40 to 107 points this morning. Cotton futures settled 9 to 100 points higher on Thursday, led again by old...

CTN24 : 73.84s (-2.12%)
CTV24 : 74.20s (-1.20%)
CTZ24 : 72.89s (-0.96%)
Cotton Futures Mixed, July Longs Have 3 Day Winning Streak

Cotton futures settled 9 to 100 points higher, led again by old crop July (where bulls are now on a 3 day winning streak). A weaker dollar was helpful, with futures down 161 points at 104.060. The EU...

CTN24 : 73.84s (-2.12%)
CTV24 : 74.20s (-1.20%)
CTZ24 : 72.89s (-0.96%)
Sugar Closes Higher as Volatile Global Weather Boosts Risk Premium

July NY world sugar #11 (SBN24 ) on Thursday closed up +0.09 (+0.47%), and Aug London ICE white sugar #5 (SWQ24 ) closed up +0.50 (+0.09%). Sugar prices Thursday extended this week's rally to new 3-week...

SBN24 : 19.00s (-1.14%)
SWQ24 : 553.30s (-1.34%)

Barchart Exclusives

Corn Prices – Sub $3.25 Before $6.00 Per Bushel?
Based on the continuous futures contract, corn prices peaked at nearly $8.25 in May 2022. The rally was in response to the Russian attack on Ukraine, forcing international grain prices to rally. Since that time, the price has declined to $4.50. Corn has a bullish seasonal pattern after the planting season, pushing prices to a high in mid-June, resulting in some analysts looking for corn to peak near $6.00. This may seem optimistic with the burdensome carry-over from the last harvest hanging over the market. This leads one to wonder, what comes first, $3.25 or $6.00 per bushel for new crop corn? Read more

Barchart Softs News

Sugar Prices Undercut by a Stronger Dollar
July NY world sugar #11 (SBN24 ) Friday closed down -0.22 (-1.14%), and Aug London ICE white sugar #5 (SWQ24 ) closed down -7.50 (-1.34%). Sugar prices Friday retreated from 3-week highs and settled with moderate losses. Long liquidation in sugar futures emerged Friday after the dollar index (DXY00 )... Read more
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