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By Jack Scoville |
May 6, 2013
Cotton was higher in consolidation trading and ideas of good demand left from the weekly export sales report from USDA. The sales were big and China was the major buyer.
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By Jack Scoville |
May 3, 2013
Cocoa chart patterns suggest further rallies could be coming down the road and demand has been better than trade expectations. The flow of Cocoa from western Africa is down for seasonal considerations.
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By Jack Scoville |
May 2, 2013
Sugar closed lower in response to news of big production potential in Brazil and disappointing economic data from China. Traders remain bearish on supplies, especially from Brazil.
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By Jack Scoville |
May 1, 2013
News of fewer world coffee exports in March from the ICO and the potential for less production in the coming year from Vietnam supported the market.
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By Jack Scoville |
April 30, 2013
Orange juice closed higher on stronger demand reports and despite forecasts for beneficial rains in Florida this week. The monthly Neilsen report released yesterday morning showed better demand for FCOJ.
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By Jack Scoville |
April 29, 2013
Cotton was slightly higher to finish the week. Rains are moving through the Delta and Southeast this week to slow planting progress, and farmers were reported to be actively planting in the north Texas region.
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By Jack Scoville |
April 24, 2013
Coffee prices in general have been weak as traders anticipate another big crop out of Brazil starting the summer, and bears note that improved rains should help increase Vietnamese production potential this year.
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By Jack Scoville |
April 23, 2013
Orange juice closed lower on signs of improving weather. Some speculators are rolling positions or liquidating positions as First Notice Day is coming with the start of May as well.
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By Isis Almeida, Bloomberg |
April 23, 2013
Goldman Sachs Group Inc. lowered its price forecasts for arabica coffee futures in New York, citing an improving production outlook in leading grower Brazil.
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By John Caiazzo |
April 22, 2013
We continue to warn investors of an impending major correction in equities and to implement hedging strategies as soon as possible.
