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By John L. Caiazzo |
May 12, 2013
Ambiguous employment data and rising inventories suggest roadblocks may emerge in recovery.
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By Sholom Sanik |
May 10, 2013
Concerns are that the late corn planting could result in some yield loss, and in some regions, the planting window could close completely, forcing farms to plant soybeans or cotton instead.
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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 Sholom Sanik |
May 8, 2013
It’s quite possible that global cotton usage is in perpetual decline. The global recession certainly affected cotton demand, as it did for most every commodity, but cotton lost market share to synthetic fibers as well.
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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 Allendale Inc. |
May 7, 2013
The trade's expectations for USDA new-crop corn and soybean estimates should set the tone for the market this week.
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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.
