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Supply concerns have taken over the cocoa trade again. September futures are trying to stay above 2500.
We Need Drier Conditions for a few Weeks
Raw Sugar (SB) edged higher yesterday, but remains vulnerable to more consolidation early on today after seeing a late session selloff. Nevertheless, SB appears to be nearing completion of a symmetrical...
Enough Blood in the Streets
Weather and Government Reports!
China tariffs are killing the ag market
Hurry Up and Wait!
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The drought continues to rage on Oklahoma and Kansas.
COTTON General Comments: Cotton was higher in early trading, but the rally could not extend to new highs and long liquidation entered the pit. [...]
100 is in the cards
COTTON General Comments: Cotton was higher and made new highs for the move, in part as China gears up to import a lot more [...]
Raw Sugar (SB) is forming a 3rd straight green daily candle in today's European morning, continuing a reversal of last week's strong profittaking. SB has formed a higher low versus the May and...
Ill be making my annual trip through this drought stricken area commencing next Monday.
Raw Sugar (SB) rebounded more than 4% Friday and is up another near 1% in today's European morning as SB appears to have formed a higher low versus the May and April lows. Although SB remains within...
Feeders are a timebomb
DJ May FAO Food Price Index Hits Highest Since October By David Hodari LONDON–World food prices jumped in May, with increases in cereals [...]
As we look at the July cocoa contract and prepare for the roll to September, futures continue to move lower - 2400 is being tested while 2200 is where the chart shows heavy support.