Abundant Supplies and Slack Demand Undercut Cocoa Prices
March ICE NY cocoa (CCH26) on Wednesday closed down -214 (-4.98%), and March ICE London cocoa #7 (CAH26) closed down -115 (-3.72%).Cocoa prices settled sharply lower on Wednesday but remained…
March ICE NY cocoa (CCH26) on Wednesday closed down -214 (-4.98%), and March ICE London cocoa #7 (CAH26) closed down -115 (-3.72%).Cocoa prices settled sharply lower on Wednesday but remained…
Cotton futures slipped into the Wednesday close, as contracts were down 7 to 12 points in the front months. Crude oil futures were up $1.26 per barrel on the day…
Soybeans were in rally mode following a mid-morning update from President Trump, as contracts closed with front month gains of 25 to 27 ½ cents. Some new crop contracts were…
The wheat complex is mostly lower on Wednesday. Chicago SRW futures are 1 to 2 cents in the red at midday. KC HRW futures are 2 to 3 cents lower…
Soybeans are kicking off Monday with 19 to 21 cent gains following an late Sunday post from President Trump. Futures posted losses of 5 to 7 cents across most contracts…
Corn futures ended the Wednesday session with contracts a penny to 2 cents higher across the front months. The CmdtyView national average Cash Corn price was up 2 cents at $3.96…
The wheat complex was lower across the board on Wednesday. Chicago SRW futures were 1 to 2 cents in the red at the close. KC HRW futures were 4 to…
March WTI crude oil (CLH26) on Wednesday closed up +1.93 (+3.05%), and March RBOB gasoline (RBH26) closed up +0.0673 (+3.55%).Crude oil and gasoline prices rallied sharply on Wednesday, with gasoline…
Corn futures are holding onto 1 to 2 cent gains at midday. The CmdtyView national average Cash Corn price is up 1 1/4 cents at $3.95 1/2. USDA reported a private export…