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By Jack Scoville |
May 13, 2013
Futures were lower as traders concentrated on world supply and demand estimates that showed ample supplies instead of the projected tight U.S. market conditions.
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By Jack Scoville |
May 9, 2013
Futures closed lower in light volume trading. Traders are still talking about big production in Brazil and around the world. Traders remain bearish on supplies, especially from Brazil, and this has hurt New York prices.
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By Jack Scoville |
May 8, 2013
Coffee was higher in all three markets, with little offer noted from producers. Brazil producers got news of the support program from the government yesterday, and the details had largely been leaked or anticipated by the trade.
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By Jack Scoville |
May 7, 2013
Orange juice closed lower in consolidation trading. Many are now looking ahead to Friday and the next USDA Oranges production estimates.
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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.
