Austin Schroeder on 07/08/2026

Cotton Extends Rally to Tuesday, Nearing Limit Gains

Cotton futures closed with contracts 99 to 299 points higher, with some contracts hitting the three cent limit at the high. The outside markets were mixed, as Crude oil was up $3.65 following Iran striking vessels in the Strait of Hormuz overnight. The US responded by revoking waivers authorizing Ir

A Austin Schroeder
Rich Asplund on 07/07/2026

Sugar Prices Settle Lower on Long Liquidation Pressures

October NY world sugar #11 (SBV26 ) on Tuesday closed down -0.08 (-0.53%), and Aug London ICE white sugar #5 (SWQ26 ) closed down -12.50 (-2.56%). Sugar prices gave up an early advance on Tuesday and moved lower as the recent rally pushed sugar prices into overbought territory, sparking technical...

R Rich Asplund
Rich Asplund on 07/07/2026

West African Weather Risks Underpin Cocoa Prices

September ICE NY cocoa (CCU26 ) on Tuesday closed up +65 (+1.14%), and September ICE London cocoa #7 (CAU26 ) closed up +43 (+1.02%). Cocoa prices extended their sharp three-week-long rally on Tuesday, posting 6-month highs. Cocoa prices have rallied sharply over the past three weeks as heavy rains

R Rich Asplund
Rich Asplund on 07/07/2026

Coffee Prices Give Back More than Half of Monday's Surge

September arabica coffee (KCU26 ) on Tuesday closed down -32.35 (-9.24%), and September ICE robusta coffee (RMU26 ) closed down -172 (-4.25%). Coffee prices settled sharply lower on Tuesday, giving back some of Monday's parabolic rally. The recent rally in coffee prices to Monday's significant high

R Rich Asplund
Austin Schroeder on 07/07/2026

Cotton Extending the Rally to Tuesday

Cotton futures are up 138 to 245 points so far on Tuesday. The outside markets are mixed, as Crude oil is up $1.87, with the US dollar index up $0.155. Monday afternoon’s Crop Progress showed 49% of the US cotton crop squared as of Sunday, 2% ahead of normal. The...Cotton yarn via Kelly Sikkema via

A Austin Schroeder
Rich Asplund on 07/07/2026

Technical Selling Weighs on Overbought Sugar Prices

October NY world sugar #11 (SBV26 ) today is down -0.02 (-0.13%), and Aug London ICE white sugar #5 (SWQ26 ) is down -11.30 (-2.31%). Sugar prices gave up an early advance today and turned lower as the recent rally pushed sugar prices into overbought territory, sparking technical selling and...Sugar

R Rich Asplund
Darin Newsom on 07/07/2026

Behind the Grain Rally: Real Commercial Demand or Just Headline Noise?

I joined Michelle Rook on Markets Now to analyze whether recent grain market rallies are driven by genuine commercial demand or just short-term fund activity. I also offered a critical look at the technical patterns in soybeans, tightening global corn supplies, and potential shifts in livestock fund

D Darin Newsom
Rich Asplund on 07/07/2026

Cocoa Prices Supported by Adverse West African Weather

September ICE NY cocoa (CCU26 ) today is up +39 (+0.68%), and September ICE London cocoa #7 (CAU26 ) is up +27 (+0.64%). Cocoa prices extended their sharp three-week-long rally today, posting 6-month highs. Cocoa prices have rallied sharply over the past three weeks as heavy rains in the Ivory...Fl

R Rich Asplund
Rich Asplund on 07/07/2026

Coffee Prices Retreat from Monday's Highs

September arabica coffee (KCU26 ) today is down -32.00 (-9.14%), and September ICE robusta coffee (RMU26 ) is down -189 (-4.67%). Coffee prices are falling sharply today, giving back some of Monday's parabolic rally. The recent rally in coffee prices to Monday's significant highs pushed prices to h

R Rich Asplund
Austin Schroeder on 07/07/2026

Cotton Posting Early Monday Gains, as Ratings Slip

Cotton prices are rallying another 102 to 122 points so far on Tuesday morning. Futures posted 112 to 138 point gains on Monday in the front months, with deferreds up 48 to 99 points. The outside markets were quiet, as Crude oil was down 9 cents, with the US dollar...Cotton bunches by Tijana Drndars

A Austin Schroeder
Austin Schroeder on 07/07/2026

Cotton Posts Monday Gains, as Ratings Slip

Cotton futures posted 112 to 138 point gains on Monday in the front months, with deferreds up 48 to 99 points. The outside markets were quiet, as Crude oil was down 9 cents, with the US dollar index up $0.004. Monday afternoon’s Crop Progress showed 49% of the US cotton...Cotton field with drones by

A Austin Schroeder
Rich Asplund on 07/06/2026

Sugar Prices Push Higher as the Brazilian Real Weakens

October NY world sugar #11 (SBV26 ) on Monday closed up +0.37 (+2.49%), and Aug London ICE white sugar #5 (SWQ26 ) closed up +3.00 (+0.62%). Sugar prices settled higher on Monday. Sugar garnered support from a rally in the Brazilian real (^USDBRL ) to a 2-week high on Monday,...Glass jar and bowl w

R Rich Asplund
Rich Asplund on 07/06/2026

Cocoa Prices Soar on Excessive West African Rains

September ICE NY cocoa (CCU26 ) on Monday closed up +658 (+13.07%), and September ICE London cocoa #7 (CAU26 ) closed up +460 (+12.23%). Cocoa prices rallied sharply on Monday, with NY cocoa posting a 5.75-month high and London cocoa posting a 6-month high, as concerns about West African weather...F

R Rich Asplund
Rich Asplund on 07/06/2026

Coffee Prices Surge on Brazil Weather Risks

September arabica coffee (KCU26 ) on Monday closed up +48.75 (+16.19%), and September ICE robusta coffee (RMU26 ) closed up +328 (+8.83%). Coffee prices catapulted higher on Monday, with arabica posting a 5.5-month high and robusta reaching a 5-month high amid a delayed coffee harvest in Brazil. Sa

R Rich Asplund
Austin Schroeder on 07/06/2026

Cotton Posting Monday Gains

Cotton futures are trading with 100 to 112 point gains across most contracts, with the exception to the nearby July contract. Crude oil is down 57 cents, with the US dollar index up $0.104 at $100.725. The Cotlook A Index was down 75 points on July 3 at 85.80 cents....Cotton field by William Dunn v

A Austin Schroeder
Rich Asplund on 07/06/2026

Weakness in the Brazilian Real Supports Sugar Prices

October NY world sugar #11 (SBV26 ) today is up +0.32 (+2.15%), and Aug London ICE white sugar #5 (SWQ26 ) is up +0.20 (+0.04%). Sugar prices are moving higher today. Sugar garnered support today from a rally in the Brazilian real (^USDBRL ) to a 2-week high, which discourages...Many sugar cubes in

R Rich Asplund
Rich Asplund on 07/06/2026

Heavy West African Rains Push Cocoa Prices Sharply Higher

September ICE NY cocoa (CCU26 ) today is up +676 (+13.42%), and September ICE London cocoa #7 (CAU26 ) is up +460 (+12.23%). Cocoa prices are surging today, with NY cocoa posting a 5.75-month high and London cocoa posting a 6-month high, as concerns about West African weather have fueled...Cacao bea

R Rich Asplund
Rich Asplund on 07/06/2026

Coffee Prices Surge as Brazil’s Harvest is Delayed

September arabica coffee (KCU26 ) today is up +29.30 (+9.73%), and September ICE robusta coffee (RMU26 ) is up +208 (+5.50%). Coffee prices are soaring today, hitting 5-month highs amid a delayed coffee harvest in Brazil. Safras & Mercado reported today that Brazil’s 2026/27 coffee harvest is 52% co

R Rich Asplund