Cotton Collapsing on Monday
Cotton Collapsing on Monday
Cotton futures are falling 93 to 117 points across the front months on Monday. Crude oil futures are down 145 cents per barrel at $60.93. The US dollar index is…
Coffee Prices Gain as the Dollar Extends Its Slump
Coffee Prices Gain as the Dollar Extends Its Slump
March arabica coffee (KCH26) on Monday closed up +5.35 (+1.52%), and March ICE robusta coffee (RMH26) closed up +55 (+1.33%).Coffee prices on Monday saw support from the continued plunge in…
Dollar Falls to 4-Month Low and Precious Metals Surge to Record Highs
Dollar Falls to 4-Month Low and Precious Metals Surge to Record Highs
The dollar index (DXY00) on Monday fell to a new 4-month low and ended the day down nearly -0.6%.The dollar continued to be undercut by speculation that the US might…
Sugar Prices Remain Weak on Abundant Global Supplies
Sugar Prices Remain Weak on Abundant Global Supplies
March NY world sugar #11 (SBH26) today is up +0.07 (+0.48%), and March London ICE white sugar #5 (SWH26) is down -4.00 (-0.95%).NY sugar prices are higher today due to…
Crude Oil Rallies on Dollar Weakness and Heightened Geopolitical Risks
Crude Oil Rallies on Dollar Weakness and Heightened Geopolitical Risks
March WTI crude oil (CLH26) on Friday closed up +1.71 (+2.88%), and March RBOB gasoline (RBH26) closed up +0.0307 (+1.67%).Crude oil and gasoline prices rose sharply on Friday, with crude…
Soybeans Popping Higher at Midday
Soybeans Popping Higher at Midday
Soybeans are showing 5 to 6 cent nearby gains across most contract on Friday. The cmdtyView national average Cash Bean price is 5 ½ cents higher at $9.99 ½. Soymeal futures are…
Higher Global Sugar Output Weighs on Prices
Higher Global Sugar Output Weighs on Prices
March NY world sugar #11 (SBH26) today is down -0.22 (-1.47%). March London ICE white sugar #5 (SWH26) is down -6.90 (-1.57%).Higher global sugar production is weighing on prices. On…
Sugar Prices Slide on Abundant Global Supplies
Sugar Prices Slide on Abundant Global Supplies
March NY world sugar #11 (SBH26) on Friday closed down -0.23 (-1.54%). March London ICE white sugar #5 (SWH26) closed down -7.00 (-1.64%).Higher global sugar production is weighing on prices.…
Soybeans Post Friday Gains
Soybeans Post Friday Gains
Soybeans saw stronger trade late in the session, as front months were 3 to 4 cents higher at the close. March was a dime higher this week. The cmdtyView national…
Cotton Posting Midday Gains as USDA Reports Marketing Year High in Export Business
Cotton Posting Midday Gains as USDA Reports Marketing Year High in Export Business
Cotton prices are up 6 to 10 points so far at Friday’s midday. Crude oil futures are up$1.79 per barrel at $61.18. The US dollar index is down $0.584 to…
Dollar Retreats and Precious Metals Surge to Record Highs
Dollar Retreats and Precious Metals Surge to Record Highs
The dollar index (DXY00) on Friday tumbled to a 3.5-month low and finished down by -0.82%. Friday's yen strength undercut the dollar after the yen whipsawed from a 1-week low…
Wheat Bulls Add Premium Heading into the Weekend
Wheat Bulls Add Premium Heading into the Weekend
The wheat complex was in rally mode across the three exchanges on Friday, led by the winter wheat contracts. Chicago SRW futures were 12 to 14 cents in the green…