Austin Schroeder on 04/02/2025

Cotton Rally Higher on Tuesday

Cotton futures posted 89 to 142 point gains across most nearby contracts on Tuesday. Futures shrugged off negative outside factors. Crude oil futures were back down 34 cents/barrel, as the US dollar index was $0.032 higher on the day. The monthly NASS Cotton Systems report showed 257 RB of extra...

A Austin Schroeder
Rich Asplund on 04/02/2025

Sugar Prices Supported by Strength in the Brazilian Real

May NY world sugar #11 (SBK25 ) Tuesday closed up +0.49 (+2.60%), and May London ICE white sugar #5 (SWK25 ) closed up +11.00 (+2.06%). Sugar prices posted sharp gains Tuesday as short-covering emerged in sugar futures after the Brazilian real (^USDBRL ) rose to a 1-1/2 week high against...Sugar cub

R Rich Asplund
Rich Asplund on 04/02/2025

Cocoa Prices Close Sharply Higher as Ivory Coast Cocoa Exports Slow

May ICE NY cocoa (CCK25 ) Tuesday closed up +275 (+3.48%), and May ICE London cocoa #7 (CAK25 ) closed up +103 (+1.66%). Cocoa prices rallied Tuesday after news that Ivory Coast cocoa exports slowed. Tuesday's government data showed that Ivory Coast farmers shipped 1.44 MMT of cocoa to ports...Coco

R Rich Asplund
Rich Asplund on 04/02/2025

Coffee Prices Settle Higher on Supply Concerns

May arabica coffee (KCK25 ) Tuesday closed up +9.30 (+2.45%), and May ICE robusta coffee (RMK25 ) closed up +103 (+1.95%). Coffee prices on Tuesday recovered from 2-month lows and closed higher. Short-covering emerged in coffee futures Tuesday due to weather concerns in Brazil after Somar Meteorolo

R Rich Asplund
Austin Schroeder on 04/02/2025

Cotton Rallying on Tuesday

Cotton futures are rallying on Tuesday with contracts up 80 to 128 points at midday. Crude oil futures are back down 21 cents/barrel, as the US dollar index is $0.053 lower on the day. The Seam showed 1,533 bales in online sales on 3/31 at an average price of 63.47...Cotton grass by Christiane via

A Austin Schroeder
Andrew Hecht on 04/02/2025

Commodity Market Roundup- March’s Top Performers and Underperformers

Precious metals and copper prices soared in March, with gold and copper rising to new record highs. Stocks and bonds were lower, energy commodities were higher, and gravity hit some soft commodities. Animal proteins rallied, while grains were lower.Candle stick graph chart with indicator by Vintage

A Andrew Hecht
Rich Asplund on 04/02/2025

Strength in the Brazilian Real Lifts Sugar Prices

May NY world sugar #11 (SBK25 ) today is up +0.49 (+2.60%), and May London ICE white sugar #5 (SWK25 ) is up +11.60 (+2.17%). Sugar prices today are moderately higher as short-covering emerged in sugar futures after the Brazilian real (^USDBRL ) rose to a 1-week high against the...Packets of white a

R Rich Asplund
Rich Asplund on 04/02/2025

Cocoa Prices Jump as Ivory Coast Cocoa Exports Slow

May ICE NY cocoa (CCK25 ) today is up +275 (+3.48%), and May ICE London cocoa #7 (CAK25 ) is up +106 (+1.71%). Cocoa prices today are moving higher after news that Ivory Coast cocoa exports slowed. Today's government data showed that Ivory Coast farmers shipped 1.44 MMT of cocoa...Cacao beans by

R Rich Asplund
Rich Asplund on 04/02/2025

Coffee Prices Rebound on Brazil Weather Concerns

May arabica coffee (KCK25 ) today is up +5.50 (+1.45%), and May ICE robusta coffee (RMK25 ) is up +57 (+1.08%). Coffee prices today recovered from 2-month lows and are moderately higher. Short-covering emerged in coffee futures today due to weather concerns in Brazil after Somar Meteorologia foreca

R Rich Asplund
Austin Schroeder on 04/02/2025

Cotton Showing Gains Early on Tuesday

Cotton price action is up 11 to 27 points in the front months on Tuesday morning. Futures got a pop higher into the close, as contracts were down 7 to 18 points in most contracts, well off the intraday lows. Crude oil futures were up $2.04/barrel, as the US dollar...Cotton via Amber Martin via Unspl

A Austin Schroeder
Austin Schroeder on 04/02/2025

Cotton Closes Lower on Monday

Cotton futures got a pop higher into the close, as contracts were down 7 to 18 points in most contracts, well off the intraday lows. Crude oil futures were up $2.04/barrel, as the US dollar index is $0.130 higher on the day. USDA’s Prospective Planting report tallied a total of...Cotton Fabric with

A Austin Schroeder
Rich Asplund on 04/02/2025

Rain in Brazil Pressures Sugar Prices

May NY world sugar #11 (SBK25 ) Monday closed down -0.10 (-0.52%), and May London ICE white sugar #5 (SWK25 ) closed down -0.80 (-0.15%). Sugar prices on Monday fell to 2-1/2 week lows and posted modest losses. Sugar was under pressure Monday after Meteorologist Climatempo reported above-average ra

R Rich Asplund
Rich Asplund on 04/02/2025

Dollar Strength Undercuts Cocoa Prices

May ICE NY cocoa (CCK25 ) Monday closed down -140 (-1.74%), and May ICE London cocoa #7 (CAK25 ) closed down -61 (-0.97%). Cocoa prices fell on Monday due to a stronger dollar. Cocoa prices have been on the defensive over the past seven weeks and fell to 4-1/2 month...Chocolate swirls processed coc

R Rich Asplund
Rich Asplund on 04/02/2025

Coffee Prices Slip on Brazil Rains

May arabica coffee (KCK25 ) Monday closed down -0.20 (-0.05%), and May ICE robusta coffee (RMK25 ) closed down -68 (-1.27%). Coffee prices on Monday settled lower. Coffee prices have been the defensive over the past week, with arabica falling to a 1-month nearest-futures low last Thursday and robus

R Rich Asplund
Rich Asplund on 04/02/2025

NY Sugar Prices Fall as Rain in Brazil Benefits Sugar Production

May NY world sugar #11 (SBK25 ) today is down -0.03 (-0.16%), and May London ICE white sugar #5 (SWK25 ) is up +2.60 (+0.49%). Sugar prices today are mixed, with NY sugar posting a 2-1/2 week low. Sugar is under pressure today after Meteorologist Climatempo reported above-average rainfall for...Sug

R Rich Asplund
Austin Schroeder on 04/02/2025

Cotton Falling as USDA Confirms Drop to Acres

Cotton prices are weaker at Monday’s midday, with USDA confirming lower cotton acreage. Futures are down 46 to 62 points on some sell the fact reaction. Crude oil futures are up $2.18/barrel, as the US dollar index is $0.261 higher so far on the day. USDA’s Prospective Planting report tallied...Cot

A Austin Schroeder
Rich Asplund on 04/02/2025

Cocoa Prices Pressured as Supply Concerns Ease

May ICE NY cocoa (CCK25 ) today is down -76 (-0.95%), and May ICE London cocoa #7 (CAK25 ) is down -49 (-0.78%). Cocoa prices today are moderately lower, weighed down by a stronger dollar. Cocoa prices have been on the defensive over the past seven weeks and fell to...Hands with cocoa beans by Publ

R Rich Asplund
Rich Asplund on 04/02/2025

Arabica Coffee Climbs on Forecasts for Limited Rain in Brazil

May arabica coffee (KCK25 ) today is up +0.90 (+0.24%), and May ICE robusta coffee (RMK25 ) is down -64 (-1.20%). Coffee prices today are mixed. Arabica coffee is climbing today after Somar Meteorologia forecasted limited rainfall in Brazil's coffee-growing regions in the next week to ten days. Al

R Rich Asplund