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Sugar Prices Climb on Weather Threats to Global Output

3 weeks 1 day ago
March NY world sugar #11 (SBH27 ) closed up +0.29 (+1.39%) on Thursday, and December London ICE white sugar #5 (SWZ26 ) closed up +6.20 (+1.12%). Sugar prices moved higher on Thursday and are just below recent significant highs. Sugar prices have rallied sharply over the past three weeks, with...

Dollar Retreats with Bond Yields

3 weeks 1 day ago
The dollar index (DXY00 ) fell to a 1-week low today and is down by -0.48%. The dollar is sliding today on weakness in T-note yields after the 10-year T-note yield dropped to a 3-week low of 5.046%, weakening the dollar’s interest rate differentials. Also, dovish comments from San Francisco...

Improving Global Cocoa Demand Boosts Prices

3 weeks 1 day ago
December ICE NY cocoa (CCZ26 ) is up +73 (+1.27%) today, and December ICE London cocoa #7 (CAZ26 ) is up +21 (+0.49%). Cocoa prices are moving higher today on signs of stronger global demand. The Cocoa Association of Asia reported today that Q3 Asian cocoa grindings rose by a...

Coffee Prices Slide on Optimism Over Global Coffee Crops

3 weeks 1 day ago
December arabica coffee (KCZ26 ) closed down -3.25 (-1.09%) on Thursday, and November ICE robusta coffee (RMX26 ) closed down -108 (-3.10%). Coffee prices fell sharply on Thursday, with robusta posting a 2-week low. Beneficial growing conditions in Brazil and Vietnam are negative for coffee prices. Above-normal rainfall in Brazil...

Cocoa Prices Rise as Chocolate Demand Improves

3 weeks 1 day ago
December ICE NY cocoa (CCZ26 ) closed up +96 (+1.67%) on Thursday, and December ICE London cocoa #7 (CAZ26 ) closed up +45 (+1.04%). Cocoa prices settled higher on Thursday amid signs of stronger global cocoa demand. The Cocoa Association of Asia reported Thursday that Q3 Asian cocoa grindings rose...

Stocks Pressured as Chipmaker Selloff Deepens

3 weeks 1 day ago
The S&P 500 Index ($SPX ) (SPY ) is down by -0.57% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up by +0.30%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.71%. December E-mini S&P futures (ESZ26 ) are down -0.58%, and December E-mini...

Wheat Fading Early Gains for Midday Weakness

3 weeks 1 day ago
The wheat complex is fading off the early morning gains on Thursday. Chicago SRW contracts are steady to a penny higher so far. KC HRW futures are fractionally in the red at midday. MPLS spring wheat is showing fractional losses on the session. USDA’s Export Sales report will be released...
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