The closing bell in the cotton market had futures down 51 to 251 points. The outside market had little impact, as WTI crude oil was up 17 cents, with the US dollar index up 187 points. Cotton planting...
Jim’s video covers the probabilities for the softs, given the parabolic chart patterns and the stubborn El Niño
May ICE NY cocoa (CCK24 ) on Tuesday closed down -758 (-6.89%), and May ICE London cocoa #7 (CAK24 ) closed down -531 (-5.79%). Cocoa prices on Tuesday sold off sharply, with London cocoa falling from...
May NY world sugar #11 (SBK24 ) on Tuesday closed down -0.39 (-1.95%), and Aug London ICE white sugar #5 (SWQ24 ) closed down -10.20 (-1.76%). Sugar prices posted moderate losses on Tuesday, with NY sugar...
May arabica coffee (KCK24 ) on Tuesday closed up +5.20 (+2.25%), and May ICE robusta coffee (RMK24 ) closed up +31 (+0.78%). Coffee prices on Tuesday closed moderately higher, with Arabica climbing to...
Midday cotton action has prices back in free fall mode, as contracts are down 154 to 270 points on Tuesday. Cotton planting across the US has now been reported at 8% complete according to NASS, even with...
May NY world sugar #11 (SBK24 ) this morning is down -0.33 (-1.65%), and Aug London ICE white sugar #5 (SWQ24 ) is down -9.40 (-1.62%). Sugar prices this morning are moderately lower, with NY sugar falling...
May ICE NY cocoa (CCK24 ) this morning is down -744 (-6.76%), and May ICE London cocoa #7 (CAK24 ) is down -559 (-6.09%). Cocoa prices this morning are sharply lower, with London cocoa falling back from...
May arabica coffee (KCK24 ) this morning is up +6.45 (+2.79%), and May ICE robusta coffee (RMK24 ) is up +48 (+1.21%). Coffee prices this morning are sharply higher, with arabica climbing to a 1-1/2 year...
Cotton futures are trading 59 to 78 points lower so far this morning. Prices saw some strength on Monday, with futures up 16 to 62 points. Crude oil closed with just a 3 cent gain, as Israel signaled possible...