The Outlook for Ample Global Supplies Weighs on Cocoa Prices
December ICE NY cocoa (CCZ25) on Tuesday closed down -104 (-1.66%), and December ICE London cocoa #7 (CAZ25) closed down -71 (-1.64%).Cocoa prices dropped on Tuesday, with London cocoa posting…
Sugar Prices Knocked Lower by Projections for a Global Sugar Surplus
March NY world sugar #11 (SBH26) today is down -0.35 (-2.08%), and December London ICE white sugar #5 (SWZ25) is down -9.40 (-2.02%).Sugar prices gave up an early advance today…
Wheat Falls Lower on Tuesday
The wheat market extended the weakness into Tuesday as the winter wheats piled on pressure. Chicago SRW wheat was down 17 to 18 cents. KC HRW contracts were 15 to…
Stocks Settle Lower on Weakness in Chipmakers
The S&P 500 Index ($SPX) (SPY) on Tuesday closed down -0.38%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -0.20%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.55%. December E-mini S&P…
Sugar Prices Fall Back as Covrig Forecasts a Global Sugar Glut
March NY world sugar #11 (SBH26) on Tuesday closed down -0.18 (-1.07%), and December London ICE white sugar #5 (SWZ25) closed down -6.40 (-1.38%).Sugar prices gave up an early advance…
Crude Prices Little Changed as the Dollar Rallies
November WTI crude oil (CLX25) on Tuesday closed up +0.04 (+0.06%), and November RBOB gasoline (RBX25) closed down -0.0077 (-0.40%).Crude oil and gasoline prices on Tuesday settled mixed. Crude prices…
Coffee Prices Retreat on Rain Forecasts for Brazil
December arabica coffee (KCZ24) today is down -3.40 (-1.36%), and January ICE robusta coffee (RMF25) is down -55 (-1.24%).Coffee prices today are moderately lower on forecasts for rain in Brazil.…
Dollar Rises on Hawkish Fed Comments and Euro and Yen Weakness
The dollar index (DXY00) on Tuesday extended Monday's gains and rose by +0.48% to a 1.5-week high. The dollar rallied on Tuesday following hawkish comments from the Fed. Kansas City…