Rich Asplund on 05/06/2026

Sugar Prices Sink as Ethanol Weakness May Spur More Sugar Production

July NY world sugar #11 (SBN26 ) on Wednesday closed down -0.56 (-3.64%), and Aug London ICE white sugar #5 (SWQ26 ) closed down -15.00 (-3.32%). Sugar prices settled sharply lower on Wednesday, with London sugar falling to a 1-week low. Wednesday's -4% plunge in gasoline prices (RBM26 ) undercut.

R Rich Asplund
Rich Asplund on 05/06/2026

Cocoa Prices Climb on West African Crop Concerns

July ICE NY cocoa (CCN26 ) on Wednesday closed up +61 (+1.50%), and July ICE London cocoa #7 (CAN26 ) closed up +37 (+1.21%). Cocoa prices extended this week's sharp rally on Wednesday, with NY cocoa posting a 2.75-month high and London cocoa posting a 3-month high. Cocoa prices have...Cacao by All

R Rich Asplund
Rich Asplund on 05/06/2026

Arabica Coffee Retreats in Hopes the Strait of Hormuz Will Soon Reopen

July arabica coffee (KCN26 ) on Wednesday closed down -5.90 (-2.04%), and July ICE robusta coffee (RMN26 ) closed up +35 (+1.04%). Coffee prices on Wednesday settled mixed. Optimism that the US-Iran war could soon end and reopen the Strait of Hormuz weighed on coffee prices on Wednesday. Strength i

R Rich Asplund
Austin Schroeder on 05/06/2026

Cotton Trading Off the Lows, but Still Lower at Midday

Cotton futures are trading with 62 to 188 point losses in the front months on Wednesday. May expires at the close. The US dollar index is $0.405 lower at $97.905. Crude oil is down $6.71 at midday following the US and Iran closing in on reaching a memorandum of understanding...cotton on stem by Myko

A Austin Schroeder
Rich Asplund on 05/06/2026

Sugar Prices Retreat as Ethanol Weakness May Spur More Sugar Production

July NY world sugar #11 (SBN26 ) today is down -0.48 (-3.12%), and Aug London ICE white sugar #5 (SWQ26 ) is down -13.10 (-2.90%). Sugar prices are sharply lower today, with London sugar tumbling to a 1-week low. Today's -4% plunge in gasoline prices (RBM26 ) is undercutting ethanol...E85 pump by

R Rich Asplund
Rich Asplund on 05/06/2026

West African Cocoa Crop Concerns Underpin Prices

July ICE NY cocoa (CCN26 ) today is up +70 (+1.72%), and July ICE London cocoa #7 (CAN26 ) is up +46 (+1.50%). Cocoa prices extended this week's sharp rally today, with NY cocoa posting a 2.75-month high and London cocoa posting a 3-month high. Cocoa prices have support from...Cacao beans by Gate74

R Rich Asplund
Rich Asplund on 05/06/2026

Arabica Coffee Pressured on Hopes the Strait of Hormuz to Soon Reopen

July arabica coffee (KCN26 ) today is down -5.30 (-1.83%), and July ICE robusta coffee (RMN26 ) is up +12 (+0.36%). Coffee prices are mixed today. Optimism that the US-Iran war could soon end and reopen the Strait of Hormuz is weighing on coffee prices today. Strength in the Brazilian...Coffee bean

R Rich Asplund
Austin Schroeder on 05/06/2026

Cotton Falling on Wednesday Morning with Crude Oil Pressure

Cotton price action is down 180 to 200 points so far on Wednesday morning. Futures were in turnaround action on Tuesday, as contracts closed with 130 to 188 point gains at the close. May expires at the close. The US dollar index is $0.108 higher at $98.370. Crude oil is...Closeup of cotton plant via

A Austin Schroeder
Austin Schroeder on 05/06/2026

Cotton Closes with Turnaround Tuesday Gains

Cotton futures were in turnaround action on Tuesday, as contracts closed with 130 to 188 point gains at the close. The US dollar index is $0.108 higher at $98.370. Crude oil was down $3.74 to $102.68. NASS Crop Progress data showed 21% of the US cotton crop planted as of...Green cotton boll via shut

A Austin Schroeder
Rich Asplund on 05/05/2026

Sugar Prices Climb on Brazilian Real Strength

July NY world sugar #11 (SBN26 ) on Tuesday closed up +0.08 (+0.52%), and Aug London ICE white sugar #5 (SWQ26 ) closed up +5.70 (+1.28%). Sugar prices extended their two-week-long rally on Tuesday and rose to 1-month highs. Strength in the Brazilian real is boosting sugar prices as the...Glass jar

R Rich Asplund
Rich Asplund on 05/05/2026

Cocoa Prices Jump on a Weak Outlook for the West African Cocoa Crop

July ICE NY cocoa (CCN26 ) on Tuesday closed up +191 (+4.92%), and July ICE London cocoa #7 (CAN26 ) closed up +3.80 (+14.14%). Cocoa prices rallied sharply on Tuesday and posted 2.75-month highs. Early surveys of the 2026/27 West African cocoa crop indicate below-average cherelle formation on coco

R Rich Asplund
Rich Asplund on 05/05/2026

Coffee Prices Settle Higher as the Brazilian Real Rallies

July arabica coffee (KCN26 ) on Tuesday closed up +4.25 (+1.49%), and July ICE robusta coffee (RMN26 ) closed up +14 (+0.42%). Coffee prices moved higher on Tuesday, with arabica up sharply at a 1-week high. Strength in the Brazilian real is supporting coffee prices, as the real (^USDBRL )...Hot c

R Rich Asplund
Austin Schroeder on 05/05/2026

Cotton Trading with Turnaround Tuesday Gains

Cotton futures are trading with 134 to 265 point gains on Tuesday. The US dollar index is $0.068 higher at $98.330. Crude oil is down $4.35 to $102.07. NASS Crop Progress data showed 21% of the US cotton crop planted as of May 3, which was 2 percentage points ahead...Cotton field with drones by DJI-

A Austin Schroeder
Rich Asplund on 05/05/2026

Strength in the Brazilian Real Boosts Sugar Prices

July NY world sugar #11 (SBN26 ) today is up +0.06 (+0.39%), and Aug London ICE white sugar #5 (SWQ26 ) is up +4.90 (+1.10%). Sugar prices extended their two-week-long rally today and rose to 1-month highs. Strength in the Brazilian real is boosting sugar prices as the real (^USDBRL...Packets of wh

R Rich Asplund
Rich Asplund on 05/05/2026

Cocoa Prices Surge on West African Crop Concerns

July ICE NY cocoa (CCN26 ) today is up +218 (+5.61%), and July ICE London cocoa #7 (CAN26 ) is up +3.94 (+14.66%). Cocoa prices are surging today and posted 2.75-month highs. Early surveys of the 2026/27 West African cocoa crop indicate below-average cherelle formation on cocoa trees, signaling a..

R Rich Asplund
Rich Asplund on 05/05/2026

Brazilian Real Strength Supports Coffee Prices

July arabica coffee (KCN26 ) today is up +9.80 (+3.43%), and July ICE robusta coffee (RMN26 ) is up +51 (+1.5%). Coffee prices are sharply higher today, with arabica climbing to a 1-week high. Strength in the Brazilian real is supporting coffee prices, as the real (^USDBRL ) today surged...Cup of

R Rich Asplund
Austin Schroeder on 05/05/2026

Cotton Turning Back Higher on Tuesday AM Trade

Cotton price action is up 40 to 71 points so far on Turnaround Tuesday. Futures closed the Monday session with contracts down 30 to 127 points across most contracts. The US dollar index was $0.146 higher at $98.065. Crude oil was up $3.20 to $105.14. NASS Crop Progress data showed...Rolls of cotton

A Austin Schroeder
Austin Schroeder on 05/05/2026

Cotton Posts Monday Pullback

Cotton futures closed the Monday session with contracts down 30 to 127 points across most contracts. The US dollar index was $0.146 higher at $98.065. Crude oil was up $3.20 to $105.14. NASS Crop Progress data showed 21% of the US cotton crop planted as of May 3, which was...Cotton field with closeu

A Austin Schroeder