Old crop July cotton traded within a +4 cent range to start the week, and December printed a 350 point range. Ultimately futures went home mostly mid-range on 48 to 133 point gains, with new crops the...
Crop Progress - 2022-05-23
July ICE NY cocoa (CCN22 ) on Monday closed up +22 (+1.91%), and July ICE London cocoa #7 (CAN22 ) closed up +9 (+0.52%). Cocoa prices Monday posted moderate gains on a slump in the dollar index to a 3-1/2...
July NY world sugar #11 (SBN22 ) on Monday closed down by -18 (-0.90%), and Aug London white sugar #5 (SWQ22 ) closed down by -6.10 (-1.09%). Sugar prices Monday followed crude prices (CLN22) lower. Strength...
July arabica coffee (KCN22 ) on Monday closed down -0.10 (-0.05%), and July ICE Robusta coffee (RMN22 ) closed down -15 (-0.73%). Coffee prices Monday closed slightly lower after updated weather forecasts...
Cold Storage - 2022-05-23
Through the midday portion of Monday cotton trading, the board is up by as much as 211 points. July ’23 is the strongest gainer, tightening the carry. Old crop July is up by 78 points as the laggard....
July arabica coffee (KCN22 ) this morning is down -0.95 (-0.44%), and July ICE Robusta coffee (RMN22 ) is down -17 (-0.83%). Coffee prices this morning are moderately lower after updated weather forecasts...
So far for Monday, cotton futures are 28 to 81 points higher. Friday’s trading pulled cotton futures back 278 to 543 points after Thursday’s triple digit bounce. The old crop July contract was the...
Coffee prices rose to the highest level since 2011, when the price traded to $2.6045 per pound in February 2022. Since then, the price has corrected but has held above the $2 per pound level. Coffee is...
