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By Phil Flynn |
March 7, 2014
Oil prices seem to be slipping in a risk on trade as Brent started to build its premium against WTI.
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By Jack Scoville |
February 3, 2014
Cotton closed a little lower on some speculative long liquidation to finish the week. Prices overall have been supported by very good demand as export sales have been well above 400,000 bales for the last couple of weeks.
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By Jack Scoville |
January 31, 2014
Cocoa closed a little lower and appears to be having trouble extending the move higher. Traders are still looking for tight supplies and higher prices down the road.
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By Jack Scoville |
January 30, 2014
Sugar was lower as big production ideas continue. Some are talking about dry weather in Brazil right now and that it could impact production of the next crop, but the market knows there is still a lot of sugar.
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By Jack Scoville |
January 29, 2014
Coffee closed a little higher. Overall the market is in a trading range and could be forming a bottom. News of very small offers in the market kept futures from going much lower, but buying interest is thin.
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By Tommy Denson |
January 28, 2014
Fundamentally, orange juice may well be on its way to extinction in Florida as a supply shortage is tearing its way thru the citrus industry in the form of citrus greening.
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By Jack Scoville |
January 27, 2014
Cotton closed lower in consolidation trading and despite a very strong weekly export sales report from USDA. There are chances that the improved demand can continue, but many will be willing to sell if the sales drop this week.
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By Jack Scoville |
January 23, 2014
Cocoa closed higher in consolidation trading. However, price action overall remains weak. Supplies from West Africa have increased and the market has more Cocoa to work with for at least the short term.
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By Jack Scoville |
January 22, 2014
Coffee closed lower on speculative selling tied to long liquidation. There is also debate on how much coffee is getting offered from Vietnam as exports there remain below year-ago levels.
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By Jack Scoville |
January 21, 2014
Futures closed higher on follow-through buying from the higher than expected export sales for the previous week. There are chances that the improved demand can continue.
