Once again, Jim's analysis sharply focuses on the critical importance of teleconnections in forecasting crop weather.
Cotton futures closed with contracts down 149 to 156 points across the front months on Friday. The dollar index was back up 71 points, with crude oil futures back down $1.04/barrel to add pressure. Export...
October NY world sugar #11 (SBV24 ) Friday closed down -0.31 (-1.61%), and Oct London ICE white sugar #5 (SWV24 ) closed down -3.80 (-0.71%). Sugar prices posted moderate losses on Friday, with NY sugar...
December ICE NY cocoa (CCZ24 ) Friday closed down -78 (-1.09%), and December ICE London cocoa #7 (CAZ24 ) closed up +7 (+0.13%). Cocoa prices Friday gave up an early advance and settled mixed. Cocoa prices...
December arabica coffee (KCZ24 ) Friday closed down -8.20 (-3.36%), and November ICE robusta coffee (RMX24 ) closed down -141 (-2.87%). Coffee prices sold off Friday, with arabica falling to a 3-week low....
Cottonfutures are down 105 to 256 points across the front months so far on Friday. The dollar index is back up 171 points, with crude oil futures back down $1.64/barrel to add pressure. Export Sales data...
October NY world sugar #11 (SBV24 ) today is down -0.31 (-1612%), and Oct London ICE white sugar #5 (SWV24 ) is down -3.80 (-0.71%). Sugar prices today are moderately lower, with NY sugar falling to a...
December ICE NY cocoa (CCZ24 ) today is down -52 (-0.73%), and December ICE London cocoa #7 (CAZ24 ) is down -5 (-0.10%). Cocoa prices today turned lower after the dollar index rebounded from a 1-week...
December arabica coffee (KCZ24 ) today is down -6.05 (-2.48%), and November ICE robusta coffee (RMX24 ) is down -125 (-2.55%). Coffee prices today are under pressure, with arabica falling to a 3-week low....
Arabica coffee futures prices have been trending higher over the past months and have moved within striking distance of a critical technical resistance level. Coffee could be heading for a challenge of...