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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.
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By Jack Scoville |
May 23, 2013
Sugar closed lower as the ISO continued to estimate big production and big supplies around the world. The close was weak and implies that further losses are coming.
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By Jack Scoville |
May 22, 2013
Coffee futures were lower again on what appeared to be speculative selling tied to big production ideas from Brazil as the harvest has started.
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By Jack Scoville |
May 21, 2013
Orange juice closed higher in recovery trading. Traders are wrestling with more reports of losses from greening disease on the one side and beneficial rains that have hit the state.
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By Jack Scoville |
May 20, 2013
Cotton closed last week higher in range trading. The new crop months were firmer on the informal planted area estimates and forecasts for some rain in production areas this week to keep planting slow.
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By John L. Caiazzo |
May 19, 2013
With political waves in the United States amid a struggling recovery, the markets could be vulnerable to a breakdown.
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By Jack Scoville |
May 17, 2013
The flow of cocoa from western Africa is down for seasonal considerations, and traders wonder about the quality and size of the mid crop after some hot and dry weather during the growing season.
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By Jack Scoville |
May 16, 2013
Sugar closed lower and made new lows for the move on reports of big production in April from Brazil, which crushed 41 million tons of sugarcane and produced 1.69 million tons of Sugar. Both amounts are almost triple those of a year ago.
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By Jack Scoville |
May 15, 2013
Coffee was slightly lower in low volume trading. Brazil weather has improved, and some areas of Sao Paulo could see a shower by the end of the week, which would be beneficial.
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By Jack Scoville |
May 14, 2013
Orange juice closed higher in reaction to unchanged production estimates from USDA and ideas that more production cuts are coming due to the greening disease.
