White Sugar #5 May '22 (SWK22)
White Sugar #5 Futures Market News and Commentary
May NY world sugar #11 (SBK26) on Wednesday closed up +0.57 (+4.04%), and Aug London ICE white sugar #5 (SWQ26) closed up +11.90 (+2.75%).
Sugar prices rallied sharply on Wednesday, with NY sugar posting a 3-week high and London sugar posting a 4-week high. Â Strength in gasoline prices is supportive for sugar, as gasoline (RBM26) surged to a 3.75-year high on Wednesday, boosting ethanol prices and potentially persuading the world's sugar mills to divert more cane crushing toward ethanol production rather than sugar, thus curbing sugar supplies. Â
The action by Brazil's sugar mills to boost ethanol production at the expense of sugar is supportive for sugar prices. Â On Tuesday, Conab in its initial report for the new sugar season reported that 2026/27 Brazil sugar output is down -0.5% to 43,952 MT, while ethanol output is up +7.2% y/y to 29,259 million liters.
Sugar prices have been under pressure for the past four weeks, with NY sugar falling to a 5.5-year low in th... Read more
Barchart · 1 minute ago
Cotton price action is up 166 to 246 points early on Thursday. Futures saw bulls take some money off the table a day ahead of month end, with contracts...
Barchart · Wed Apr 29, 5:05PM CDT
Cotton futures saw bulls take some money off the table a day ahead of month end, with contracts down 8 to 65 points on Wednesday. The US dollar index was...
Barchart · Wed Apr 29, 1:26PM CDT
May NY world sugar #11 (SBK26 ) on Wednesday closed up +0.57 (+4.04%), and Aug London ICE white sugar #5 (SWQ26 ) closed up +11.90 (+2.75%). Sugar prices...
Barchart · Wed Apr 29, 1:25PM CDT
July ICE NY cocoa (CCN26 ) on Wednesday closed up +30 (+0.89%), and May ICE London cocoa #7 (CAK26 ) closed up +22 (+0.88%). Cocoa prices settled higher...
Barchart · Wed Apr 29, 1:23PM CDT
July arabica coffee (KCN26 ) on Wednesday closed unchanged, and July ICE robusta coffee (RMN26 ) closed down -39 (-1.12%). Coffee prices settled mixed...
Barchart · Wed Apr 29, 12:08PM CDT
Cotton futures are trading with 45 to 70 point gains in the front months on Wednesday with the in delivery May contract up 132 points. The US dollar index...
Barchart · 2 minutes ago
Corn is starting out the last trade day of April with 1 to 3 cent losses. Futures held on to gains on Wednesday, despite pulling off early highs. Most...
Barchart · 2 minutes ago
Cotton price action is up 166 to 246 points early on Thursday. Futures saw bulls take some money off the table a day ahead of month end, with contracts...
Barchart · 2 minutes ago
Live cattle futures closed mixed on Wednesday, with front months rallying with cash. April, which expires on Thursday was up $4.20, with other contracts...
Barchart · 2 minutes ago
Soybeans are showing 3 to 5 cent losses on Thursday morning, pulling back from overnight strength, which saw November hit a new high for the move at $11.78....
Barchart · 2 minutes ago
Lean hog futures closed Wednesday with contracts up 25 cents to $1.85 higher. USDA’s national base hog price was reported at $93.25 on Wednesday afternoon,...
Barchart · 2 minutes ago
Wheat is showing early Thursday morning losses, as bulls take profits into the last trade day of April. The wheat complex fell off the early session highs...
Barchart · 36 minutes ago
Cognizant has underperformed the broader market over the past year, and analysts remain cautiously optimistic about the stock’s prospects.
Barchart · 41 minutes ago
As Newmont has notably outperformed the broader market over the past year, Wall Street analysts maintain a highly optimistic outlook about the stock’s...
