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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 Dominick Chirichella |
June 5, 2013
Oil prices are starting the day higher after a mostly bullish API oil inventory report released late yesterday afternoon. The main surprise was a 7.8 million barrels draw in crude oil stocks.
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By Phil Flynn |
June 5, 2013
Goldman Sachs says that the Fed will say goodbye to easing and start to tapper bond buys in September. The so called taper is sending stocks lower but oil is hanging tough.
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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 Steve Matthews and Aki Ito, Bloomberg |
June 3, 2013
Federal Reserve Bank of Atlanta President Dennis Lockhart said Fed officials are committed to record stimulus even as divergent views on when to start paring back bond purchases create a “mixed message” to investors.
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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 Futures Magazine editors |
May 31, 2013
Huge options position left untended led to loss by firm
