Austin Schroeder on 04/04/2025

Cotton Closes with Limit Losses on Thursday

Cotton futures settled the Thursday session with contracts down the 3 cent limit in the front months, with other contracts down 260 to 284 points. Crude oil futures were $5.09/barrel lower, as the US dollar index was down $1.821 on the day. President Trump announced a large set of reciprocal...Green

A Austin Schroeder
Rich Asplund on 04/04/2025

Sugar Prices Fall on Risk-Off Sentiment and Crude Oil Weakness

May NY world sugar #11 (SBK25 ) Thursday closed down -0.48 (-2.45%), and May London ICE white sugar #5 (SWK25 ) closed down -9.10 (-1.65%). Sugar prices on Thursday settled sharply lower as President Trump's reciprocal tariffs led to a risk-off sentiment in most asset markets anad concern about comm

R Rich Asplund
Rich Asplund on 04/04/2025

NY Cocoa Prices Supported by West African Cocoa Crop Concerns

May ICE NY cocoa (CCK25 ) Thursday closed up +323 (+3.60%), and May ICE London cocoa #7 (CAK25 ) closed down -118 (-1.74%). Cocoa prices Thursday settled mixed, with NY cocoa rising to a 1-1/4 month high. Signs of a weak mid-crop cocoa harvest in West Africa supported cocoa prices....Many pieces of

R Rich Asplund
Austin Schroeder on 04/04/2025

Cotton Hitting Limit Losses on Thursday

Cotton futures are trading at the 3 cent limit in the front months on Thursday, with other contracts down 260 to 288 points. Crude oil futures are $5.02/barrel lower at midday, as the US dollar index is down $1.786 so far on the day. President Trump announced a large set...Cotton via Jeff Hutcheson

A Austin Schroeder
Rich Asplund on 04/04/2025

Sugar Prices Fall on Risk-Off Sentiment and Crude Oil Weakness

May NY world sugar #11 (SBK25 ) today is down -0.44 (-2.25%), and May London ICE white sugar #5 (SWK25 ) is down -8.60 (-1.56%). Sugar prices today are moderately lower as President Trump's reciprocal tariffs have led to risk-off sentiment in most asset markets. Also, today's -7% plunge in...Sieve

R Rich Asplund
Rich Asplund on 04/04/2025

NY Cocoa Prices Gain on West African Cocoa Crop Concerns

May ICE NY cocoa (CCK25 ) today is up +324 (+3.61%), and May ICE London cocoa #7 (CAK25 ) is down -126 (-1.86%). Cocoa prices today are mixed, with NY cocoa rising to a 1-1/4 month high. Cocoa prices are supported by signs of a weak mid-crop cocoa harvest in...Hands with cocoa beans by Public Doma

R Rich Asplund
Rich Asplund on 04/04/2025

Risk-Off Sentiment in Asset Markets Weighs on Coffee Prices

May arabica coffee (KCK25 ) today is down -3.40 (-0.87%), and May ICE robusta coffee (RMK25 ) is down -10 (-0.19%). Coffee prices today are moderately lower as President Trump's reciprocal tariffs led to risk-off sentiment in most asset markets and raised concern about consumer demand. Coffee price

R Rich Asplund
Austin Schroeder on 04/04/2025

Cotton Falling on Tariff News

Cotton are trading with limit losses in the front month May contracts, as others are down 244 to 297 points. Futures were weaker on Wednesday, with contracts closing down 40 to 47 points. Crude oil futures are back down 48 cents/barrel, as the US dollar index was $0.614 lower on...Cotton field with

A Austin Schroeder
Austin Schroeder on 04/04/2025

Cotton Closes Lower on Wednesday, as Reciprocal Tariffs Announced

Cotton futures were weaker on Wednesday, with contracts closing down 40 to 47 points. Crude oil futures are back down 48 cents/barrel, as the US dollar index was $0.614 lower on the day, mostly coming following the tariff announcement. President Trump’s “Liberation Day” tariffs came with reciprocal

A Austin Schroeder
Rich Asplund on 04/04/2025

Sugar Prices Finish Higher as Dollar Weakness Stokes Short Covering

May NY world sugar #11 (SBK25 ) Wednesday closed up +0.24 (+1.24%), and May London ICE white sugar #5 (SWK25 ) closed up +7.00 (+1.28%). Sugar prices Wednesday rose to 1-week highs and settled moderately higher due to a weaker dollar. The dollar index (DXY00 ) on Wednesday fell to...Glass jar and b

R Rich Asplund
Rich Asplund on 04/04/2025

Cocoa Prices Sharply Higher on West African Cocoa Mid-Crop Concerns

May ICE NY cocoa (CCK25 ) Wednesday closed up +791 (+9.67%), and May ICE London cocoa #7 (CAK25 ) closed up +469 (+7.44%). Cocoa prices Wednesday surged to 1-month highs on signs of a weak mid-crop cocoa harvest in West Africa. According to Rabobank, late-arriving rains in the region have...Cacao b

R Rich Asplund
Rich Asplund on 04/04/2025

Coffee Prices Consolidate Above Recent Lows

May arabica coffee (KCK25 ) Wednesday closed down -0.20 (-0.05%), and May ICE robusta coffee (RMK25 ) closed down -6 (-0.11%). Coffee prices Wednesday posted modest losses as they consolidated above Tuesday's 2-month lows. Coffee prices have been the defensive over the past week, with arabica falli

R Rich Asplund
Austin Schroeder on 04/04/2025

Cotton Slipping Back Lower on Wednesday

Cotton futures are trading with 44 to 53 point losses so far on Wednesday. Crude oil futures are back up 47 cents/barrel, as the US dollar index is $0.429 lower so far on the day. The monthly NASS Cotton Systems report showed 257 RB of extra long stable cotton consumed...Multicolored cotton fabric

A Austin Schroeder
Rich Asplund on 04/04/2025

Dollar Weakness Stokes Short Covering in Sugar Futures

May NY world sugar #11 (SBK25 ) today is up +0.18 (+0.93%), and May London ICE white sugar #5 (SWK25 ) is up +6.20 (+1.14%). Sugar prices today climbed to 1-week highs due to a weaker dollar. The dollar index (DXY00 ) today fell to a 1-1/2 week low, spurring...Sugar crystals under magnification by

R Rich Asplund
Rich Asplund on 04/04/2025

Cocoa Prices Surge on Signs of a Weak West African Mid-Crop

May ICE NY cocoa (CCK25 ) today is up +790 (+9.66%), and May ICE London cocoa #7 (CAK25 ) is up +476 (+7.55%). Cocoa prices today surged to 1-month highs on signs of a weak mid-crop cocoa harvest in West Africa. According to Rabobank, late-arriving rains in the region have...Cocoa by Ha11ok via Pix

R Rich Asplund
Rich Asplund on 04/04/2025

Coffee Prices Slightly Lower on Recent Rain in Brazil

May arabica coffee (KCK25 ) today is down -0.30 (-0.08%), and May ICE robusta coffee (RMK25 ) is down -32 (-0.60%). Coffee prices today are slightly lower but remain above Tuesday's 2-month lows. Coffee prices have been the defensive over the past week, with arabica falling to a 2-month nearest-fut

R Rich Asplund
Austin Schroeder on 04/04/2025

Cotton Slipping Lower on Wednesday Morning

Cotton prices are showing 3 to 15 point gains on Wednesday morning. 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....Co

A Austin Schroeder