| Period | Period Low | Period High | Performance | |
|---|---|---|---|---|
| 1-Month | 3,232 +8.88% on 05/31/23 | | 3,825 -8.00% on 05/16/23 | -271 (-7.15%) since 05/15/23 |
| 3-Month | 3,232 +8.88% on 05/31/23 | | 4,028 -12.64% on 05/09/23 | -448 (-11.29%) since 03/15/23 |
| 52-Week | 3,232 +8.88% on 05/31/23 | | 5,468 -35.64% on 06/17/22 | -1,931 (-35.43%) since 06/15/22 |
Jim's video summarizes where we are, and where the markets are heading with crops, crop stress, global war stress, and El Niño/La Niña
The cotton market was mostly higher on Friday, with the exception to a couple ’25 contracts. Most were up 3 to 59 points on the day, led by the nearbys. Crude oil futures had a volatile Friday session...
May NY world sugar #11 (SBK24 ) on Friday closed up +0.14 (+0.71%), and Aug London ICE white sugar #5 (SWQ24 ) closed down -5.40 (-0.95%). Sugar prices settled mixed on Friday as they consolidated this...
May ICE NY cocoa (CCK24 ) on Friday closed up +567 (+5.01%), and May ICE London cocoa #7 (CAK24 ) closed up +457 (+4.72%). Cocoa prices settled sharply higher on Friday as they continued their historical...
May arabica coffee (KCK24 ) on Friday closed up +1.55 (+0.65%), and May ICE robusta coffee (RMK24 ) closed up +2 (+0.05%). Coffee prices posted moderate gains on Friday but remained well below Thursday's...
May ICE NY cocoa (CCK24 ) this morning is up +564 (+4.99%), and May ICE London cocoa #7 (CAK24 ) is up +456 (+4.71%). Cocoa prices today continued their historical rally to new all-time highs. Cocoa prices...
The cotton market is trading 2 to 72 points higher to round out the week. Crude oil futures had a volatile night, and are back up 33 cents at midday, with the morning lows more than $4 off the overnight...
May NY world sugar #11 (SBK24 ) this morning is up +0.04 (+0.20%), and Aug London ICE white sugar #5 (SWQ24 ) is down -4.70 (-0.83%). Sugar prices this morning are mixed as they consolidate above this...
May arabica coffee (KCK24 ) this morning is up +1.00 (+0.42%), and May ICE robusta coffee (RMK24 ) is up +17 (+0.42%). Coffee prices this morning are moderately higher but well below Thursday's significant...
Cocoa keeps rising while coffee pulls back, and nickel prices pop on new Russian restrictions.
The Barchart Trading Guide is a Sell Signal with a Weak Signal Strength.
| 3rd Resistance Point | 3,564 |
| 2nd Resistance Point | 3,542 |
| 1st Resistance Point | 3,530 |
| Last Price | 3,519s |
| 1st Support Level | 3,496 |
| 2nd Support Level | 3,474 |
| 3rd Support Level | 3,462 |
| 52-Week High | 5,468 |
| Fibonacci 61.8% | 4,614 |
| Fibonacci 50% | 4,350 |
| Fibonacci 38.2% | 4,086 |
| Last Price | 3,519s |
| 52-Week Low | 3,232 |
