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Softs News and Commentary

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Thu, Apr 25th, 2024
Cotton Posing Thursday Morning Gains

Cotton futures are 8 to 15 points higher this morning. They were down anywhere from 39 to 187 points on Wednesday. The outside market influences were there, with crude oil down 54 cents/barrel and the...

CTK24 : 79.51s (-0.89%)
CTN24 : 81.47 (+0.57%)
CTZ24 : 77.83 (+0.18%)
Cotton Posts Midweek Losses

Cotton futures were down anywhere from 39 to 187 points on Wednesday. The outside market influences put pressure on the market, with crude oil down 54 cents/barrel and the UD dollar index up 160 points....

CTK24 : 79.51s (-0.89%)
CTN24 : 81.47 (+0.57%)
CTZ24 : 77.83 (+0.18%)
Cold Storage

Cold Storage - 2024-04-24

FCK24 : 252.625s (-0.45%)
GFQ24 : 256.675 (+0.15%)
LCM24 : 181.600s (-0.71%)
LEM24 : 175.775 (+0.30%)
LHM24 : 101.675s (+1.98%)
HEM24 : 105.900 (-1.44%)
YKU24 : 17,810s (-0.47%)
BDK24 : 294.0000 (-0.46%)
OJN24 : 363.35 (-0.68%)
Sugar Prices Finish Higher on Consolidation After Recent Losses

May NY world sugar #11 (SBK24 ) on Wednesday closed up +0.09 (+0.45%), and Aug London ICE white sugar #5 (SWQ24 ) closed up +3.40 (+0.59%). Sugar prices posted moderate gains on Wednesday as they consolidated...

SBN24 : 19.45 (-1.62%)
SWQ24 : 569.20 (-1.28%)
Cocoa Prices End Sharply Higher as Global Supplies Expected to Remain Tight

May ICE NY cocoa (CCK24 ) on Wednesday closed up +459 (+4.34%), and May ICE London cocoa #7 (CAK24 ) closed up +336 (+3.55%). Cocoa prices Wednesday rallied sharply on the outlook for global cocoa supplies...

CCN24 : 11,296 (+2.53%)
CAN24 : 9,619 (+1.39%)
Robusta Coffee Posts a New Record High on Coffee Crop Concerns in Vietnam

July arabica coffee (KCN24 ) on Wednesday closed up +4.05 (+1.83%), and May ICE robusta coffee (RMK24 ) closed up +273 (+6.46%). Coffee prices Wednesday moved higher, with robusta soaring to a new record...

KCN24 : 229.60 (+1.64%)
RMN24 : 4,327 (+1.43%)
Cotton Leaking Lower with Outside Market Pressure

Cotton futures are down 24 to 40 points at midday, with May up 18 on thin trade. The outside market influences are putting pressure on the market at midday, with crude oil down 47 cents/barrel and the...

CTK24 : 79.51s (-0.89%)
CTN24 : 81.47 (+0.57%)
CTZ24 : 77.83 (+0.18%)
Sugar Prices Mildly Higher on Consolidation After Recent Losses

May NY world sugar #11 (SBK24 ) this morning is up +0.09 (+0.45%), and Aug London ICE white sugar #5 (SWQ24 ) is up +2.60 (+0.45%). Sugar prices today are mildly higher as they consolidate recent losses....

SBN24 : 19.45 (-1.62%)
SWQ24 : 569.20 (-1.28%)
Cocoa Prices Jump as Global Supplies Expected to Remain Tight in the Near Term

May ICE NY cocoa (CCK24 ) this morning is up +365 (+3.45%), and May ICE London cocoa #7 (CAK24 ) is up +339 (+3.59%). Cocoa prices today are sharply higher on the outlook for global cocoa supplies to remain...

CCN24 : 11,296 (+2.53%)
CAN24 : 9,619 (+1.39%)
Robusta Coffee Surges to a Record High on Coffee Crop Concerns in Vietnam

July arabica coffee (KCN24 ) today is up +4.40 (+1.98%), and May ICE robusta coffee (RMK24 ) is up +292 (+6.91%). Coffee prices today are moving higher, with robusta soaring to a new record high. Robusta...

KCN24 : 229.60 (+1.64%)
RMN24 : 4,327 (+1.43%)

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Japanese Yen is absolutely crumbling before our eyes. Every trading session is seeing the Yen drop to a new 34-year low against the U.S. Dollar https://t.co/nyWnwLpM3V
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JP Morgan says the stock market might go up or down. Again, absolutely incredible stuff here! Thanks 🫡 https://t.co/B98sUsN8qi
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The "Buy Bitcoin" $BTC sign that was flashed behind Treasury Secretary Janet Yellen and became a world-famous meme just sold for $1.027 million https://t.co/L62vpWC8eJ
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Stock purchases by retail investors have fallen to their lowest level since late 2020 👀 https://t.co/5rzAbY3IM9
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U.S. Banks finished the year with almost $400 billion of unrealized losses on held-to-maturity assets. The assumption is this wouldn't be a problem because the Fed would cut A LOT this year but what if that doesn't happen? https://t.co/fsfMCisEd3
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US Oil Fund $USO, the biggest oil ETF, just saw a daily outflow of almost $400 million, the largest in history https://t.co/EwxQwG4jaa
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BREAKING 🚨: Japanese Yen Japan's Yen has once again fallen to fresh 34-year lows 👀 https://t.co/5GNE2IMpbB https://t.co/POjfXPhqUE

Barchart Softs News

Cotton Posing Thursday Morning Gains
Cotton futures are 8 to 15 points higher this morning. They were down anywhere from 39 to 187 points on Wednesday. The outside market influences were there, with crude oil down 54 cents/barrel and the US dollar index up 160 points. Export Sales data will be released later this morning,... Read more

Chart of the Day

Antero Resources Corp (AR)

The Chart of the Day belongs to the oil & gas company Antero Resources (AR) . I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then used...
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