Sugar #16 Nov '23 (SDX23)
Sugar #16 Futures Market News and Commentary
May NY world sugar #11 (SBK26) on Monday closed down -0.10 (-0.72%), and Aug London ICE white sugar #5 (SWQ26) closed down -8.20 (-1.88%).
Sugar prices gave up an early advance on Monday and settled lower, as expectations of a bumper Brazilian sugar harvest are limiting near-term upside. Sugar prices initially moved higher on Monday, with NY sugar posting a 2-week high and London sugar posting a 3-week high after gasoline prices (RBM26) rallied to a 3.75-year high, which boosts ethanol prices and could prompt the world's sugar mills to divert more cane crushing toward ethanol production rather than sugar, thus curbing sugar supplies.
Sugar prices have been under pressure for the past four weeks, with NY sugar falling to a 5.5-year low in the nearest futures contract on April 17 amid expectations of abundant global supplies and tepid demand. The April 15 expiration of the May London sugar contract saw 472,650 MT of deliveries to settle the contract, the most for a May c... Read more
Barchart · 58 minutes ago
Cotton futures closed the Monday session with contracts 22 to 55 points in the green. The US dollar index was slipping 0.039 lower at $98.325. Crude oil...
Barchart · Mon Apr 27, 1:25PM CDT
May NY world sugar #11 (SBK26 ) on Monday closed down -0.10 (-0.72%), and Aug London ICE white sugar #5 (SWQ26 ) closed down -8.20 (-1.88%). Sugar prices...
Barchart · Mon Apr 27, 1:22PM CDT
July ICE NY cocoa (CCN26 ) on Monday closed down -135 (-3.93%), and May ICE London cocoa #7 (CAK26 ) closed down -99 (-3.93%). Cocoa prices fell sharply...
Barchart · Mon Apr 27, 1:20PM CDT
July arabica coffee (KCN26 ) on Monday closed down -6.40 (-2.17%), and July ICE robusta coffee (RMN26 ) closed down -55 (-1.58%). Coffee prices settled...
Barchart · Mon Apr 27, 12:22PM CDT
Cotton futures are trading with contracts 22 to 56 points higher across the front months. The US dollar index is slipping 0.084 lower at $98.280. Crude...
Barchart · 57 minutes ago
Lean hog futures were down 12 cents to up a 27 cents across the board on Monday. USDA’s national base hog price was reported at $90.24 on Monday afternoon,...
Barchart · 57 minutes ago
Corn futures posted Monday gains of 1 ¼ to 5 ¾ cents across the board on Monday. The CmdtyView national average Cash Corn price was up 5 3/4 cents at...
Barchart · 57 minutes ago
The wheat complex saw strength across most contracts on Monday. Chicago SRW futures were 11 1/2 to 13 1/4 cents higher on the day. KC HRW futures were...
Barchart · 57 minutes ago
Soybeans were up 10 to 13 1/2 cents across the 2026 contracts on Monday, with deferreds up 5 to 9 ½ cents. The cmdtyView national average Cash Bean price...
Barchart · 57 minutes ago
Live cattle futures were up $2.12 to $3.72 at the close on Monday. Cash trade last week was centered around $246 across the country, with a few late sales...
Barchart · 57 minutes ago
Cotton futures closed the Monday session with contracts 22 to 55 points in the green. The US dollar index was slipping 0.039 lower at $98.325. Crude oil...
Barchart · Mon Apr 27, 4:03PM CDT
Sandisk has rallied significantly in 2026 on AI-driven demand. Investors are now focused on its upcoming earnings announcement, releasing month-end.
Barchart · Mon Apr 27, 3:57PM CDT
Snap stock rallied as Redburn analysts upgraded it to “Buy” and doubled their price target to $10. Here’s why the investment turned bullish on SNAP...
