US State of the Union Address on Feb. 24th
Cattle markets break down to end week on a sour note
In my opinion, a plethora of news, rumors, and potential changes in processing, sent a lot futures traders to the sidelines.
March NY world sugar #11 (SBH26 ) on Friday closed up +0.23 (+1.63%), and May London ICE white sugar #5 (SWK26 ) closed up +3.30 (+0.82%). Sugar prices rallied sharply on Friday, with NY sugar posting...
March ICE NY cocoa (CCH26 ) on Friday closed up +112 (+3.77%), and March ICE London cocoa #7 (CAH26 ) closed up +133 (+6.25%). Cocoa prices rallied sharply on Friday as dollar weakness ($DXY ) spurred...
May arabica coffee (KCK26 ) on Friday closed up +0.30 (+0.11%), and May ICE robusta coffee (RMK26 ) closed down -29 (-0.80%). Coffee prices settled mixed on Friday, consolidating above Thursday's significant...
March NY world sugar #11 (SBH26 ) today is up +0.19 (+1.35%), and May London ICE white sugar #5 (SWK26 ) closed is up +1.30 (+0.32%). Sugar prices are climbing today, with NY sugar posting a 1.5-week high....
March ICE NY cocoa (CCH26 ) today is up +118 (+3.98%), and March ICE London cocoa #7 (CAH26 ) is up +137 (+6.44%). Cocoa prices are sharply higher today as dollar weakness spurred technical short covering...