-
By Sholom Sanik |
April 19, 2013
The April USDA crop report presented a bearish picture for the global wheat market, reaffirming the steep slide in prices we’ve seen over the past six months. With the 2012-13 marketing year drawing to a close, analysts were expecting a featureless report.
-
By Jack Scoville |
April 19, 2013
Cocoa closed mixed, with New York generally a little higher and London generally a little lower. The European grind data was less than last year and hurt the price action yesterday.
-
By Jack Scoville |
April 18, 2013
Sugar closed lower in range trading. Traders are keeping an eye on developments in Brazil. Talk that rain in production areas last week was hurting harvest progress was bullish, but the weather there is drier this week.
-
By Jack Scoville |
April 17, 2013
Coffee was higher as outside markets held better. London was higher and shows signs of completing a bottom. Spreads have been firm, implying the market has demand and less offer.
-
By Jack Scoville |
April 16, 2013
Cotton was lower in response to disappointing economic data from China. USDA showed slow planting progress in its reports today as weather remains a big issue.
-
By Jack Scoville |
April 15, 2013
Orange juice closed a little higher as some delayed buying related to the USDA production data appeared. USDA dropped production estimates by another 1.0 million boxes in its reports as expected by the trade.
-
By Jack Scoville |
April 11, 2013
Coffee was a little higher on news that the Brazil government will look to raise the minimum price paid to farmers by 30% in an effort to raise prices.
-
By Rich Nelson |
April 10, 2013
The supply/demand picture for hogs looks pretty bearish right now, but a critical look at the facts may suggest otherwise.
-
By Jack Scoville |
April 10, 2013
No one had been paying much attention to the reports of rust in Central America and parts of South America, and prefer to concentrate on Brazil and also on improving production conditions in Vietnam.
-
By Jack Scoville |
April 9, 2013
Orange juice closed lower on what appeared to be some long liquidation after the big rally on Friday. Traders are getting ready for the next USDA reports that will be released tomorrow morning.
