Sugar can correlate with crude oil because Brazil is the world’s leading free-market sugarcane producer, and Brazilian sugarcane is a primary ingredient in Brazilian ethanol production. Given crude oil’s...
July NY world sugar #11 (SBN26 ) on Tuesday closed down -0.16 (-1.09%), and Aug London ICE white sugar #5 (SWQ26 ) closed down -5.50 (-1.24%). Sugar prices retreated on Tuesday, with NY sugar posting a...
July ICE NY cocoa (CCN26 ) on Tuesday closed up +373 (+9.83%), and July ICE London cocoa #7 (CAN26 ) closed up +293 (+10.24%). Cocoa prices surged to 1.5-week highs on Tuesday amid fund short-covering,...
July arabica coffee (KCN26 ) on Tuesday closed up +1.65 (+0.61%), and July ICE robusta coffee (RMN26 ) closed up +63 (+1.82%). Coffee prices climbed to 1-week highs on Tuesday and settled higher on global...
Corn futures are facing Tuesday pressure at midday, with contracts down 3 to 5 ¼ cents. The CmdtyView national average Cash Corn price is down 5 ¼ cents to $4.18 1/4. Export Inspections data showed...
The wheat complex is showing mixed trade on Tuesday, with the winter wheat contracts fading lower. Chicago SRW futures are trading with 8 to 9 cent losses at midday. KC HRW futures are down 3 to 4 ¼ cents....
Cotton futures are trading with July down 9 points and other contracts up 30 to 38 points. December was down 258 points since last Friday. The US dollar index was $0.076 lower at $99.110. Crude oil is...
Soybeans are trading with Tuesday losses of 6 to 9 cents so far at midday. The cmdtyView national average Cash Bean price is down 8 1/2 cents at $11.24 3/4. Soymeal futures are showing $1.80 to $2.50 losses,...
Live cattle futures are falling $1.22 to $2.15 at midday. Cash trade from last week was been $260 to $265 across the country, with late sales slipping to $258-260. Feeder cattle futures are slipping back...
Lean hog futures are down 12 cents to $1.30 so far on Tuesday. USDA’s national base hog price was not reported on Tuesday morning due to low volume. The CME Lean Hog Index was down 19 cents on May 21...