Austin Schroeder on 05/22/2026

Cotton Falls into Memorial Day Weekend

Cotton futures were 8 to 56 cents lower in most contracts on Friday, with July down 319 points on the week. December was down 258 points since last Friday. The US dollar index was $0.052 higher at $99.270. Crude oil was up $0.65 on the day to $97.00. The market...Cotton Fabric with texture by Kwangm

A Austin Schroeder
Rich Asplund on 05/22/2026

Stronger Thailand Sugar Exports Pressure Prices

July NY world sugar #11 (SBN26 ) on Friday closed down -0.20 (-1.34%), and Aug London ICE white sugar #5 (SWQ26 ) closed down -2.60 (-0.58%). Sugar prices settled lower on Friday, consolidating above Monday's 2-week lows. Strength in sugar exports from Thailand, the world's second-largest sugar exp

R Rich Asplund
Rich Asplund on 05/22/2026

Short Covering Lifts Cocoa Prices Higher Ahead of Holiday Weekend

July ICE NY cocoa (CCN26 ) on Friday closed up +29 (+0.77%), and July ICE London cocoa #7 (CAN26 ) closed up +10 (+0.45%). Cocoa prices recovered from 2.5-week lows on Friday and settled higher as short covering emerged ahead of the long holiday weekend, with markets in the US...Bar of chocolate by

R Rich Asplund
Rich Asplund on 05/22/2026

Robusta Coffee Rallies on Dry Conditions in Vietnam

July arabica coffee (KCN26 ) on Friday closed down -1.05 (-0.38%), and July ICE robusta coffee (RMN26 ) closed up +57 (+1.68%). Coffee prices on Friday settled mixed. Robusta rose sharply amid dry weather in Vietnam, which is raising concerns about the country's robusta coffee crop. Weather foreca

R Rich Asplund
Austin Schroeder on 05/22/2026

Cotton Falling Lower on Friday

Cotton futures are down 50 to 77 points at Friday’s midday. The US dollar index was $0.003 lower at $99.215. Crude oil was up $0.54 on the day to $98.89. The market will be closed on Monday for Memorial Day, with a normal open for the Tuesday session. USDA’s Export...Cotton field with drones by DJI-

A Austin Schroeder
Rich Asplund on 05/22/2026

Sugar Prices Slip on Stronger Sugar Exports from Thailand

July NY world sugar #11 (SBN26 ) today is down -0.21 (-1.41%), and Aug London ICE white sugar #5 (SWQ26 ) is down -3.20 (-0.72%). Sugar prices are weaker today as they consolidate above Monday's 2-week lows. Strength in sugar exports from Thailand, the world's second-largest sugar exporter, is bear

R Rich Asplund
Rich Asplund on 05/22/2026

Short Covering Lifts Cocoa Prices

July ICE NY cocoa (CCN26 ) today is up +25 (+0.66%), and July ICE London cocoa #7 (CAN26 ) is up +6 (+0.21%). Cocoa prices recovered from 2.5-week lows today and moved higher as short covering emerged ahead of the long holiday weekend, with markets in the US and UK...Chocolate cocoa chopped on table

R Rich Asplund
Rich Asplund on 05/22/2026

Weather Concerns Boost Coffee Prices

July arabica coffee (KCN26 ) today is up +0.60 (+0.22%), and July ICE robusta coffee (RMN26 ) is up +74 (+2.18%). Coffee prices are moving higher today, with robusta up sharply amid dry weather in Vietnam, which is raising concerns about the country's robusta coffee crop. Weather forecaster Vaisala

R Rich Asplund
Andrew Hecht on 05/22/2026

Did Cotton Run Out of Upside Steam?

ICE cotton futures bottomed in early February and had recovered by over 45%. Commodity cyclicality kicked in, boosting cotton prices during months when the fluffy fiber tends to reach a seasonal high. However, cotton futures seem to have run out of upside steam since the May 13 high.Cotton plant clo

A Andrew Hecht
Austin Schroeder on 05/22/2026

Cotton Bouncing Early on Friday

Cotton prices are up 39 to 50 points early on the Friday session. Futures closed the Thursday session with contracts down 198 to 362 points across the board. The US dollar index was $0.151 higher at $99.165. Crude oil was down $0.26 on the day to $98.00. The market will...Cotton field by William Dun

A Austin Schroeder
Austin Schroeder on 05/22/2026

Cotton Falls on Thursday

Cotton futures closed the Thursday session with contracts down 198 to 362 points across the board. The US dollar index was $0.151 higher at $99.165. Crude oil was down $0.26 on the day to $98.00. USDA’s Export Sales report from Thursday morning showed 131,792 RB of cotton sold for 2025/26...Rolls of

A Austin Schroeder
Rich Asplund on 05/21/2026

Sugar Prices Climb on Global Weather Concerns

July NY world sugar #11 (SBN26 ) on Thursday closed up +0.17 (+1.15%), and Aug London ICE white sugar #5 (SWQ26 ) closed up +4.00 (+0.91%). Sugar prices rallied on Thursday amid growing worries that dry weather from an El Niño weather event could disrupt global sugar production. The emergence...Har

R Rich Asplund
Rich Asplund on 05/21/2026

Cocoa Prices Fall on Dollar Strength and Rising ICE Inventories

July ICE NY cocoa (CCN26 ) on Thursday closed down -122 (-3.14%), and July ICE London cocoa #7 (CAN26 ) closed down -79 (-2.70%). Cocoa prices moved lower on Thursday as they consolidated just above Monday's 2.5-week lows. Thursday's rally in the dollar index ($DXY) to a 6-week high pressured...Cac

R Rich Asplund
Rich Asplund on 05/21/2026

El Niño Fears Spark Short Covering in Coffee Futures

July arabica coffee (KCN26 ) on Thursday closed up +5.10 (+1.90%), and July ICE robusta coffee (RMN26 ) closed up +71 (+2.13%). Coffee prices settled higher on Thursday as concerns that an El Niño weather pattern could hurt Brazil's coffee crop next year sparked short covering in coffee futures. Co

R Rich Asplund
Austin Schroeder on 05/21/2026

Cotton Falling at Thursday’s Midday

Cotton futures are trading with contracts down 300 to 366 points on the Thursday session. The US dollar index was $0.306 higher at $99.320. Crude oil is up $1.75 on the day to $100.08. USDA’s Export Sales report from Thursday morning showed 131,792 RB of cotton sold for 2025/26 in...Green cotton bol

A Austin Schroeder
Rich Asplund on 05/21/2026

Rising Crude Oil Prices Support Ethanol and Sugar Prices

July NY world sugar #11 (SBN26 ) today is up +0.14 (+0.95%), and Aug London ICE white sugar #5 (SWQ26 ) is up +3.00 (+0.68%). Sugar prices are moving higher today as strength in crude oil prices spurred short covering in sugar futures. Crude oil (CLN26 ) jumped by more...Glass jar and bowl with whi

R Rich Asplund
Rich Asplund on 05/21/2026

Dollar Strength and Rising ICE Inventories Undercut Cocoa Prices

July ICE NY cocoa (CCN26 ) today is down -122 (-3.14%), and July ICE London cocoa #7 (CAN26 ) is down -74 (-2.53%). Cocoa prices are moving lower today as they consolidate just above Monday's 2-week lows. Today's rally in the dollar index ($DXY ) to a 6-week high is...Cacao beans by Gate74 via Pixa

R Rich Asplund
Rich Asplund on 05/21/2026

El Niño Fears Push Coffee Prices Higher

July arabica coffee (KCN26 ) today is up +4.85 (+1.81%), and July ICE robusta coffee (RMN26 ) is up +64 (+1.92%). Coffee prices are moving higher today as concerns that an El Niño weather pattern could hurt Brazil's coffee crop next year sparked short covering in coffee futures. Coffee trade...El n

R Rich Asplund
Austin Schroeder on 05/21/2026

Cotton Closes Mostly Lower on Wednesday

Cotton futures posted losses of 6 to 73 points across most 2026 and 2027 contracts, with some deferred contracts up 13 to 29 points. The US dollar index was $0.304 higher at $99.570. Crude oil losses of $5.07 is adding pressure as US and Iran negotiations are reportedly in the...Cotton via Jeff Hutc

A Austin Schroeder