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Surprising flavor combinations – think gravy-flavored Jones Soda or Sour Patch Kids Oreos -- are showing up more frequently in grocery stores and restaurants
July NY world sugar #11 (SBN24 ) on Monday closed up +0.55 (+3.03%), and Aug London ICE white sugar #5 (SWQ24 ) closed up +16.10 (+3.01%). Sugar prices Monday closed sharply higher as strength in the Brazilian real sparked fund short covering in sugar futures. The real (^USDBRL ) on...
July ICE NY cocoa (CCN24 ) on Monday closed down -132 (-1.80%), and July ICE London cocoa #7 (CAN24 ) closed down -133 (-2.17%). Cocoa prices on Monday extended their month-long slide to 2-1/2 month lows and fell by more than 44% from last month's record highs. Losses in cocoa...
July arabica coffee (KCN24 ) on Monday closed up +0.10 (+0.05%), and July ICE robusta coffee (RMN24 ) closed down -19 (-0.54%). Coffee prices Monday fell back from 2-week highs and settled mixed. A rebound in ICE coffee inventories from historically low levels is undercutting prices. ICE-monitored robusta coffee inventories...
Cotton futures are up 9 to 94 points at Monday’s midday. The outside market factors are not supportive, with crude oil down 49 cents and the US dollar index 90 points higher. The large managed money speculators in cotton futures and options added 1,615 contracts to their net long position...
July NY world sugar #11 (SBN24 ) today is up +0.54 (+2.98%), and Aug London ICE white sugar #5 (SWQ24 ) is up +16.80 (+3.14%). Sugar prices today are sharply higher as strength in the Brazilian real (^USDBRL ) has sparked short covering in sugar futures. Today, the real rallied...
July ICE NY cocoa (CCN24 ) today is down -68 (-0.93%), and July ICE London cocoa #7 (CAN24 ) is down -133 (-2.17%). Cocoa prices today extended their month-long slide to 2-1/2 month lows and have fallen by more than -44% from last month's record highs. Deliveries for the expired...
July arabica coffee (KCN24 ) today is up +0.80 (+0.39%), and July ICE robusta coffee (RMN24 ) is up +6 (+0.17%). Coffee prices today climbed to 2-week highs and are moderately higher. Insufficient rainfall in Brazil and Vietnam may curb global coffee production and is bullish for prices. Somar Meteorologia...
Cotton futures are up 38 to 74 points this Monday morning. The market fell back lower on Friday, as contracts were down 5 to 38 points. On the week, July was down 142 points, with December losing just 16. The outside market factors were a mixed bag, with crude oil...
We're entering a very *bullish* multi-month period for the Sugar markets. Sugar prices have been pushed sharply lower (partially by the big drop in Crude Oil) but looking forward, seasonals suggest it's time to start buying dips.
The History of Weather Volatility is Largely Driven by the 89-Year Solar Gleissberg Cycle, the 40-Year Sea Surface Temperature Cycle and the 220-Year Grande Solar Cycle Minimum. All three cycles are in synchronicity for the first time in over 400-Years and Portend Ongoing Weather Volatility Expansion in the Decade Ahead.
Jim's video focuses on weather and crop issues on four continents
The cotton market fall back lower on Friday, as contracts were down 5 to 38 points. On the week, July was down 142 points, with December losing just 16. The outside market factors were a mixed bag, with crude oil up another 76 cents and the US dollar index just...
July NY world sugar #11 (SBN24 ) on Friday closed down -0.20 (-1.09%), and Aug London ICE white sugar #5 (SWQ24 ) closed down -1.50 (-0.28%). Sugar prices posted moderate losses on Friday but remained above Thursday's significant lows. NY sugar on Thursday fell to a 1-1/2 year nearest-futures low,...
July ICE NY cocoa (CCN24 ) on Friday closed down -45 (-0.61%), and July ICE London cocoa #7 (CAN24 ) closed down -108 (-1.73%). Cocoa prices settled moderately lower on Friday due to the outlook for much-needed rain in West Africa. Cocoa recovered from its worst levels Friday as short...
July arabica coffee (KCN24 ) on Friday closed up +8.70 (+4.40%), and July ICE robusta coffee (RMN24 ) closed up +98 (+2.87%). Coffee prices Friday rallied to 2-week highs and finished sharply higher. Insufficient rainfall in Vietnam and Brazil may curb global coffee production and has sparked fund buying of...
The cotton market is back to heading lower into the weekend, as midday losses are 10 to 39 points in the nearby contracts. The outside market factors are a mixed bag, with crude oil up another 31 cents and the US dollar index just 20 points higher. USDA’s Export Sales...
July NY world sugar #11 (SBN24 ) today is down -0.23 (-1.25%), and Aug London ICE white sugar #5 (SWQ24 ) is down -2.70 (-0.50%). Sugar prices today are moderately lower but remain above Thursday's significant lows. NY sugar on Thursday fell to a 1-1/2 year nearest-futures low, and London...
July ICE NY cocoa (CCN24 ) today is down -39 (-0.53%), and July ICE London cocoa #7 (CAN24 ) is down -109 (-1.75%). Cocoa prices today are moderately lower. Cocoa recovered from its worst levels today as short covering emerged after updated weather forecasts lowered the rainfall amounts expected next...
July arabica coffee (KCN24 ) today is up +6.85 (+3.46%), and July ICE robusta coffee (RMN24 ) is up +82 (+2.40%). Coffee prices today are sharply higher and posted 2-week highs. Insufficient rainfall in Vietnam and Brazil may curb global coffee production and has sparked fund buying of coffee futures....
UK natural gas fell this week, but remains stuck in a range, while corn is trending higher on lower volatility. Meanwhile, traders can expect the cocoa market to stay unpredictable for now, with record-low liquidity and plenty of speculators in the market.
The cotton market is trading mixed this morning with contracts anywhere from 10 points lower to 29 points higher. They were back up on Thursday to post gains of 83 to 105 points at the close. The outside market factors are a mixed bag, with crude oil up another 71...
The cotton market was back up on Thursday to post gains of 83 to 105 points at the close. The outside market factors are a mixed bag, with crude oil up another 71 cents and the US dollar index back 193 points higher. USDA’s Export Sales report showed a 38.32%...
July NY world sugar #11 (SBN24 ) on Thursday closed down -0.32 (-1.72%), and Aug London ICE white sugar #5 (SWQ24 ) closed down -6.10 (-1.12%). Sugar prices Thursday added to this week's losses, with NY sugar falling to a 1-1/2 year nearest-futures low and London sugar dropping to a...
