Austin Schroeder on 07/09/2026

Cotton Fades Back Lower on Wednesday

Cotton futures saw modest weakness on a Wednesday correction, with contracts 6 to 73 points lower. The outside markets were generally stronger, as Crude oil was up $4.32 following the US striking Iran overnight and again today, as President Trump stated the ceasefire is over. The US also revoked wai

A Austin Schroeder
Rich Asplund on 07/08/2026

Sugar Prices Pressured as India’s Monsoon Rains Improve

October NY world sugar #11 (SBV26 ) on Wednesday closed down -0.03 (-0.20%), and Aug London ICE white sugar #5 (SWQ26 ) closed up +4.70 (+0.99%). Sugar prices settled mixed on Wednesday, with NY sugar falling from a 1.75-month high. An improvement in India’s monsoon rains sparked long liquidation i

R Rich Asplund
Rich Asplund on 07/08/2026

Cocoa Prices Sharply Higher on West African Crop Concerns

September ICE NY cocoa (CCU26 ) on Wednesday closed up +293 (+5.09%), and September ICE London cocoa #7 (CAU26 ) closed up +228 (+5.35%). Cocoa prices settled sharply higher for a third session on Wednesday, with NY cocoa posting a 6-month high and London cocoa posting a 7-month high. Cocoa...Cacao

R Rich Asplund
Rich Asplund on 07/08/2026

Coffee Prices Retreat on Speculation Recent Rally Was Overdone

September arabica coffee (KCU26 ) on Wednesday closed down -7.80 (-2.46%), and September ICE robusta coffee (RMU26 ) closed down -131 (-3.38%). Coffee prices fell sharply for a second session on Wednesday, giving back nearly all of Monday's parabolic rally. The surge in coffee prices to Monday's si

R Rich Asplund
Austin Schroeder on 07/08/2026

Cotton Falling Back on Wednesday

Cotton futures are trading with 90 to 98 point losses so far on Thursday, as contracts correct from near limit gains on Tuesday. The outside markets are stronger, as Crude oil is up $4.09 following the US striking Iran overnight and President Trump stating the ceasefire is over. The US...Cotton fiel

A Austin Schroeder
Rich Asplund on 07/08/2026

Sugar Prices Edge Higher on the Surge in Crude Oil

October NY world sugar #11 (SBV26 ) today is up +0.07 (+0.46%), and Aug London ICE white sugar #5 (SWQ26 ) is up +5.10 (+1.07%). Sugar prices are climbing today, with NY sugar posting a 1.75-month high. Today’s +7% surge in WTI crude oil prices (CLQ26 ) is boosting sugar...Sugar crystals under magn

R Rich Asplund
Rich Asplund on 07/08/2026

Cocoa Prices Surge Amid West African Weather Risks

September ICE NY cocoa (CCU26 ) today is up +313 (+5.43%), and September ICE London cocoa #7 (CAU26 ) is up +244 (+5.72%). Cocoa prices are surging today amid weather risks in West Africa, with NY cocoa posting a 6-month high and London cocoa posting a 7-month high. Cocoa prices...Cocoa by Ha11ok v

R Rich Asplund
Rich Asplund on 07/08/2026

Overbought Conditions Spur Technical Selling in Coffee Futures

September arabica coffee (KCU26 ) today is -8.90 (-2.80%), and September ICE robusta coffee (RMU26 ) is down -153 (-3.95%). Coffee prices are falling sharply for a second session today, giving back nearly all of Monday's parabolic rally. The surge in coffee prices to Monday's significant highs push

R Rich Asplund
Austin Schroeder on 07/08/2026

Cotton Slipping Back on Wednesday Morning

Cotton prices are down 19 to 28 points so far on Wednesday morning trade. 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...Cotton via Amb

A Austin Schroeder
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