Sugar Prices Recover as Strength in the Brazilian Real Sparks Short Covering
March NY world sugar #11 (SBH26) today is up +0.11 (+0.77%), and December London ICE white sugar #5 (SWZ25) is up +1.70 (+0.41%).Sugar prices shook off early losses today and…
Coffee Prices Supported by Shrinking ICE Inventories
December arabica coffee (KCZ25) on Wednesday closed up +2.80 (+0.72%), and January ICE robusta coffee (RMF26) closed up +145 (+3.25%).Coffee prices settled higher on Wednesday. Coffee prices are supported by…
Corn Holding Steady, as Ethanol Production Slips Back
Corn futures are trading with most contracts within a penny of unchanged, with Dec up a penny and other contracts fractionally lower. The CmdtyView national average Cash Corn price is up…
Soybeans Showing Steady Midday Trade
Soybeans are trading with fractional to 2 cent gains in some nearbys on Wednesday, with other slipping lower. Futures are selling some of the ‘fact’ in Chinese buying rumors from…
Wheat Showing Mixed Trade on Wednesday
The wheat complex is showing mixed action at Wednesday’s midday. CBT soft red wheat is showing fractionally mixed trade so far. KC HRW futures are up ¾ in December, but…
Soybeans Show Quiet Trade Ahead of Trump/Xi Meeting
Soybeans rounded out the Wednesday trade with contracts within 2 cents of unchanged. The cmdtyView national average Cash Bean price was 2 1/4 cents higher at $10.13 1/2. Soymeal futures were up…
Cotton Rallies into Wednesday’s Close
Cotton futures were up 91 to 96 points higher across most contracts on Wednesday. Crude oil futures were up 21 cents/barrel to $60.36, with the US dollar index back up $0.502…
Stocks Pressured as Fed Chair Powell Downplays Further Rate Cuts
The S&P 500 Index ($SPX) (SPY) on Wednesday closed unchanged, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -0.16%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up by +0.41%. December E-mini S&P…
Dollar Rallies on Hawkish Powell
The dollar index (DXY00) rallied to a 2-week high on Wednesday and finished up by +0.62%. The dollar found support on Wednesday amid easing global trade tensions, which are supportive…
Sugar Prices Recover on Brazilian Real Strength
October NY world sugar #11 (SBV24) today is up +0.02 (+0.11%), and Oct London ICE white sugar #5 (SWV24) is unchanged.Sugar prices today recovered from 1-week lows and are little…
