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By Ranjeetha Pakiam, Bloomberg |
December 20, 2013
Wheat traded near a 19-month low in Chicago as an increased outlook for Argentine production of the grain adds to signs of record global supplies.
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By Sholom Sanik |
December 19, 2013
The recent rally in cotton prices has some rationale. There were several bullish developments, two of which involve China. On the supply side, early frost and snow in key growing regions lowered yields.
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By Gary Kamen |
December 17, 2013
Last week March 2014 coffee opened at $106.50, and after a rocket ride up on Tuesday closed the week at $115.25. What gave bulls the shot in the arm to do this? News last week was there could be a near-term squeeze in Robusta supply.
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By Jack Scoville |
December 17, 2013
Orange juice closed lower as weather in Florida remains very good for the citrus crops. The greening disease has affected crops in a big way and could cause reduced production for the next few years.
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By Jack Scoville |
December 16, 2013
Cotton traders were anticipating some beneficial economic news from China, Europe and the U.S. to keep short-term demand ideas intact. Demand has turned softer lately as export sales have decreased, but the better economic news keeps hopes of a rebound alive.
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By Jack Scoville |
December 13, 2013
Cocoa closed higher in range trading. Very little has changed fundamentally, and that could become a challenge for the bulls as the market needs news to keep the move higher intact.
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By Jack Scoville |
December 12, 2013
Sugar was lower again after trading both sides of unchanged. The primary focus of the market remains big supplies. Increased offers from India and Thailand combined with good supplies available from Brazil keep overall trends down.
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By Jack Scoville |
December 11, 2013
Coffee was higher in all three markets as New York finally reacted to increased demand for Arabica and the lack of offer of Robusta from Vietnam. Roasters have turned to Arabica, although not enough to move New York futures out of the trading range.
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By Jeff Wilson, Bloomberg |
December 10, 2013
Wheat dropped to an 18-month low and corn and soybeans declined after the U.S. government said global supplies will be bigger than forecast last month.
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By Whitney McFerron, Bloomberg |
December 10, 2013
South American soybean production may be larger than previously estimated in the 2013-14 season as farmers expand planting to a record, Oil World said.
