Cocoa Prices Sink as ICCO Expects a Global Surplus
May ICE NY cocoa (CCK25) today is down -1,003 (-10.99%), and May ICE London cocoa #7 (CAK25) is down -806 (-10.98%).Cocoa prices today plummeted to 3-1/2 month lows after the…
May ICE NY cocoa (CCK25) today is down -1,003 (-10.99%), and May ICE London cocoa #7 (CAK25) is down -806 (-10.98%).Cocoa prices today plummeted to 3-1/2 month lows after the…
The dollar index (DXY00) today is down by -0.95%. Today's strength in EUR/USD is undercutting the dollar as stronger-than-expected Eurozone economic news boosted European government bond yields. The dollar extended its…
The dollar index (DXY00) on Monday fell by -0.87%. Monday’s strength in EUR/USD undercut the dollar as stronger-than-expected Eurozone economic news boosted European government bond yields. The dollar extended its losses…
April Nymex natural gas (NGJ25) on Monday closed up +0.288 (+7.51%).April nat-gas on Monday rebounded from a 1-1/2 week low and finished sharply higher on forecasts for cooler temperatures in…
May NY world sugar #11 (SBK25) Monday closed down -0.30 (-1.62%), and May London ICE white sugar #5 (SWK25) closed down -7.80 (-1.46%).Sugar prices Monday extended their week-long slide to…
May arabica coffee (KCK25) Monday closed up +13.60 (+3.65%), and May ICE robusta coffee (RMK25) closed up +156 (+2.93%).Coffee prices rallied sharply on Monday as below-normal rain in Brazil may…
The corn market is posting another round of weaker trade on Monday, with losses of 4 to 13 cents across the board, led by the front months. There were 220 deliveries…
The wheat market is continuing losses on Monday across the three exchanges. Chicago SRW futures are 3 to 9 cents lower at midday. There were 257 deliveries issued against March…
Soybeans are facing early week losses so far at midday, with losses of 9 to 17 cents at midday There were 220 deliveries issued against March soybean futures overnight, all…
May arabica coffee (KCK25) today is up +9.80 (+2.63%), and May ICE robusta coffee (RMK25) is up +31 (+0.58%).Coffee prices today are trading higher on below-normal rain in Brazil that…
April WTI crude oil (CLJ25) Monday closed down -1.39 (-1.99%), and April RBOB gasoline (RBJ25) closed down -0.0345 (-1.55%).Crude oil and gasoline prices sold off Monday, with crude falling to…
May ICE NY cocoa (CCK25) Monday closed down -912 (-10.00%), and May ICE London cocoa #7 (CAK25) closed down -775 (-10.56%).Cocoa prices Monday plummeted to 3-1/2 month lows after the…