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By Jack Scoville |
June 10, 2013
Cotton was slightly lower in consolidation trading. Trends are mixed as traders look ahead to the USDA monthly updates that will be released Wednesday afternoon.
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By Jack Scoville |
June 7, 2013
The mid-crop cocoa harvest is moving to completion, and less than expected production along with smaller beans is reported. Malaysia and Indonesia crops appear to be in good condition and weather is called favorable.
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By Jack Scoville |
June 6, 2013
Sugar closed lower on speculative and mill selling tied to a weaker Brazil currency. Traders noted that the real traded stronger and weaker during the session, and sugar prices moved with the currency moves.
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By Jack Scoville |
June 5, 2013
Coffee was lower on speculative selling. Arabica cash markets seem quiet right now and roasters in the U.S. are showing little interest in buying.
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By Jack Scoville |
June 4, 2013
Orange juice traders are wrestling with more reports of losses from greening disease on the one side and beneficial rains that have hit the state on the other.
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By Jack Scoville |
June 3, 2013
Cotton was lower again on demand concerns and ideas of good weather for U.S. crops. Speculators were said to be the best sellers and were said to be liquidating long positions.
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By Jack Scoville |
May 29, 2013
Most coffee sellers, including Brazil, withdrew offers after futures broke down on Wednesday and remain hard to get offers from so far this week. Or, they offer at higher differentials.
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By Sholom Sanik |
May 28, 2013
Sugar prices continue to trend lower and are now trading at a three-year low. According to the ISO, there will be a global production/consumption surplus of 8.5 million tonnes for the 2012-13 marketing year. The ISO forecasts another surplus for the new crop year.
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By Jack Scoville |
May 28, 2013
Cotton was lower again Friday in response to weak Chinese economic data and on demand concerns in general.
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By Jack Scoville |
May 24, 2013
Cocoa closed lower on good weather in Africa and weak demand ideas. Ideas are that processors are not active in the market right now and are hoping for lower prices before buying again.
