Rich Asplund on 05/20/2026

Sugar Prices Erase Early Gains as Crude Oil Prices Plunge

July NY world sugar #11 (SBN26 ) on Wednesday closed down -0.28 (-1.87%), and Aug London ICE white sugar #5 (SWQ26 ) closed unchanged. Sugar prices gave up an early advance today and settled mostly lower. Sugar prices came under pressure after crude oil prices (CLN26 ) plunged by more...Raspberry o

R Rich Asplund
Rich Asplund on 05/20/2026

Cocoa Prices Consolidate Recent Losses

July ICE NY cocoa (CCN26 ) on Wednesday closed down -18 (-0.46%), and July ICE London cocoa #7 (CAN26 ) closed down -34 (-1.15%). Cocoa prices settled lower on Wednesday, consolidating above Monday's 2-week lows. Since posting 3.75-month highs last Monday, cocoa prices retreated to 2-week lows on

R Rich Asplund
Rich Asplund on 05/20/2026

Coffee Prices Fall on Improved Brazil Coffee Crop Prospects

July arabica coffee (KCN26 ) on Wednesday closed down -1.85 (-0.68%), and July ICE robusta coffee (RMN26 ) closed down -17 (-0.51%). Coffee prices settled lower on Wednesday, with robusta falling to a 1-month low. Expectations of a larger Brazilian coffee crop are weighing on prices. Coffee price

R Rich Asplund
Austin Schroeder on 05/20/2026

Cotton Back to Mixed Trade at Wednesday’s Midday

Cotton futures are trading with contracts down 53 points to 3 points higher in the front months. The US dollar index is $0.211 higher at $99.055. Crude oil losses of $6.27 is adding pressure as US and Iran negotiations are reportedly in the final stages. The Cotlook A Index was...Cotton bunches by T

A Austin Schroeder
Rich Asplund on 05/20/2026

Slumping Crude Oil Undercuts Ethanol and Sugar Prices

July NY world sugar #11 (SBN26 ) today is down -0.25 (-1.67%), and Aug London ICE white sugar #5 (SWQ26 ) is up +0.10 (+0.02%). Sugar prices gave up an early advance today and are trading mixed. Sugar prices came under pressure after crude oil prices (CLN26 ) plunged by...Harvested sugar cane by Mo

R Rich Asplund
Rich Asplund on 05/20/2026

The Outlook for Abundant Cocoa Supplies Pressures Prices

July ICE NY cocoa (CCN26 ) today is down -35 (-0.90%), and July ICE London cocoa #7 (CAN26 ) is down -48 (-1.62%). Cocoa prices are moving lower today, but remain above Monday's 2-week lows. Since posting 3.75-month highs last Monday, cocoa prices retreated to 2-week lows on Monday amid...Cacao be

R Rich Asplund
Rich Asplund on 05/20/2026

Prospects for a Bumper Brazil Coffee Crop Weigh on Prices

July arabica coffee (KCN26 ) today is down -0.65 (-0.24%), and July ICE robusta coffee (RMN26 ) is down -8 (-0.24%). Coffee prices are under pressure today, with robusta falling to a 1-month low. Expectations of a larger Brazilian coffee crop are weighing on prices. Coffee prices have ratcheted l

R Rich Asplund
Austin Schroeder on 05/20/2026

Cotton Falls Lower on Turnaround Tuesday

Cotton futures posted a correction Tuesday, with contracts down 10 to 137 points across the board. The US dollar index was $0.150 higher at $99.255. Crude oil was up $0.07 at $103.59 on the day. NASS Crop Progress data showed 41% of the US cotton crop planted as of May...Cotton via Amber Martin via

A Austin Schroeder
Rich Asplund on 05/19/2026

Speculation Brazil Will Curb Sugar Output Pushes Prices Higher

July NY world sugar #11 (SBN26 ) on Tuesday closed up +0.28 (+1.90%), and Aug London ICE white sugar #5 (SWQ26 ) closed up +4.50 (+1.03%). Sugar prices moved higher on Tuesday as Brazil's decision to announce new fuel subsidies to cushion the impact of soaring gasoline and diesel prices...E85 pump b

R Rich Asplund
Rich Asplund on 05/19/2026

Cocoa Prices Rebound on Short Covering

July ICE NY cocoa (CCN26 ) on Tuesday closed up +116 (+3.06%), and July ICE London cocoa #7 (CAN26 ) closed up +88 (+3.06%). Cocoa prices settled sharply higher on Tuesday on some fund short covering, following the -6% plunge in prices over the past three sessions. Since posting 3.75-month...Cocoa

R Rich Asplund
Rich Asplund on 05/19/2026

Coffee Prices Rise as ICE Inventories Shrink

July arabica coffee (KCN26 ) on Tuesday closed up +5.95 (+2.25%), and July ICE robusta coffee (RMN26 ) closed up +39 (+1.18%). Coffee prices erased early losses on Tuesday and moved higher as the three-week selloff pushed prices into heavily oversold territory, sparking technical buying and fund sho

R Rich Asplund
Austin Schroeder on 05/19/2026

Cotton Fading Lower on Tuesday

Cotton futures are trading with 69 to 136 point losses across the front months on Tuesday. The US dollar index is $0.110 higher at $99.215. Crude oil is down $0.57 at $103.81 on the day. NASS Crop Progress data showed 41% of the US cotton crop planted as of May...Cotton field with drones by DJI-Agra

A Austin Schroeder
Rich Asplund on 05/19/2026

Sugar Prices Climb on Speculation Brazil Will Curb Sugar Output

July NY world sugar #11 (SBN26 ) today is up +0.37 (+2.51%), and Aug London ICE white sugar #5 (SWQ26 ) is up +9.00 (+2.06%). Sugar prices are climbing today as Brazil's decision to announce new fuel subsidies to cushion the impact on gasoline and diesel prices from the Iran...Harvested sugar cane b

R Rich Asplund
Rich Asplund on 05/19/2026

Fund Short Covering Lifts Cocoa Prices

July ICE NY cocoa (CCN26 ) today is up +112 (+2.95%), and July ICE London cocoa #7 (CAN26 ) is up +77 (+2.68%). Cocoa prices are sharply higher today on some fund short covering, following the -6% plunge in prices over the past three sessions. Since posting 3.75-month highs last...Bar of chocolate

R Rich Asplund
Rich Asplund on 05/19/2026

Coffee Prices Rebound on Technical Short-Covering

July arabica coffee (KCN26 ) today is up +3.70 (+1.40%), and July ICE robusta coffee (RMN26 ) is up +27 (+0.82%). Coffee prices erased early losses today and moved higher as the three-week selloff pushed prices into heavily oversold territory, sparking technical buying and fund short-covering. Cof

R Rich Asplund
Austin Schroeder on 05/19/2026

Cotton Falling Back to Start Turnaround Tuesday Trade

Cotton price action is 68 to 110 points lower so far on Tuesday morning. Futures closed the Monday session with contracts 110 to 309 points higher on the day. The US dollar index was $0.298 lower at $98.91. Crude oil was up $1.83 at $107.25 on the day. Much of...Cotton field with closeup by Trisha D

A Austin Schroeder
Austin Schroeder on 05/19/2026

Cotton Rallies into the Monday Close

Cotton futures closed the Monday session with contracts 110 to 309 points higher on the day. The US dollar index was $0.298 lower at $98.91. Crude oil was up $1.83 at $107.25 on the day. NASS Crop Progress data showed 41% of the US cotton crop planted as of May...Cotton field with drones by DJI-Agra

A Austin Schroeder
Rich Asplund on 05/18/2026

Forecasts for Record Global Sugar Production Weigh on Prices

July NY world sugar #11 (SBN26 ) on Monday closed down -0.07 (-0.47%), and Aug London ICE white sugar #5 (SWQ26 ) closed down -2.00 (-0.46%). Sugar prices fell to 1-week lows on Monday and settled lower after the International Sugar Organization (ISO) forecast a record global sugar crop for...Sugar

R Rich Asplund
Rich Asplund on 05/18/2026

Improving Supply Outlook Hammers Cocoa Prices

July ICE NY cocoa (CCN26 ) on Monday closed down -211 (-5.27%), and July ICE London cocoa #7 (CAN26 ) closed down -159 (-5.24%). Cocoa prices on Monday extended their week-long plunge, posting 2-week lows. Since posting 3.75-month highs last Monday, cocoa prices have retreated amid an outlook for a

R Rich Asplund