Austin Schroeder on 03/07/2025

Cotton Back to Higher on Thursday

Cotton price action was higher on Thursday, with gains of 146 to 154 points at the close. The outside markets were mixed factors, with pressure coming from crude oil futures, down 4 cents/barrel. The US dollar index was supportive, down another $0.092 on the day. USDA showed export sales of...Rolls

A Austin Schroeder
Rich Asplund on 03/07/2025

Sugar Prices Weighed Down by Weak Demand and Abundant Supply

May NY world sugar #11 (SBK25 ) Thursday closed down -0.07 (-0.38%), and May London ICE white sugar #5 (SWK25 ) closed down -5.10 (-0.98%). Sugar prices on Thursday dropped to 6-week lows due to demand concerns amid abundant supplies. Weak demand is hammering sugar prices after sugar traders Wilmar

R Rich Asplund
Rich Asplund on 03/07/2025

Dollar Weakness Prompts Short Covering in Cocoa Futures

May ICE NY cocoa (CCK25 ) Thursday closed up +111 (+1.50%), and May ICE London cocoa #7 (CAK25 ) closed up +77 (+1.21%). Cocoa prices Thursday recovered from early losses and posted moderate gains after a slump in the dollar index (DXY00 ) to a 4-month low sparked short covering...Many pieces of cho

R Rich Asplund
Rich Asplund on 03/07/2025

Coffee Prices Finish Sharply Lower on Long Liquidation Pressures

May arabica coffee (KCK25 ) Thursday closed down -22.80 (-5.56%), and May ICE robusta coffee (RMK25 ) closed down -216 (-3.83%). Coffee prices Thursday settled sharply lower as forecasts for rain in Brazil sparked long liquidation in coffee futures. Somar Meteorologia said Thursday that dry and hot

R Rich Asplund
Austin Schroeder on 03/07/2025

Cotton Rallying Back on Thursday

Cotton price action posting gains of 32 to 81 176 so far on Thursday. The outside markets are mixed factors with pressure coming from crude oil futures, down 10 cents/barrel. The US dollar index is supportive, down another $0.127 on the day. USDA showed export sales of 241,487 RB of...Rolls of cott

A Austin Schroeder
Rich Asplund on 03/07/2025

Weak Demand Amid Abundant Supplies Weighs on Sugar Prices

May NY world sugar #11 (SBK25 ) today is down -0.29 (-1.59%), and May London ICE white sugar #5 (SWK25 ) is down -7.10 (-1.36%). Sugar prices today tumbled to 6-week lows on demand concerns amid abundant supplies. Weak demand is hammering sugar prices after sugar traders Wilmar International Ltd...

R Rich Asplund
Rich Asplund on 03/07/2025

Cocoa Prices Rebound on Dollar Weakness

May ICE NY cocoa (CCK25 ) today is up +131 (+1.62%), and May ICE London cocoa #7 (CAK25 ) is up +64 (+1.01%). Cocoa prices today recovered from early losses and moved higher after a slump in the dollar index (DXY00 ) to a 4-month low sparked short covering in...Chocolate swirls processed cocoa by Ji

R Rich Asplund
Rich Asplund on 03/07/2025

Forecasts for Rain in Brazil Prompt Long Liquidation in Coffee Futures

May arabica coffee (KCK25 ) today is down -22.50 (-5.49%), and May ICE robusta coffee (RMK25 ) is down -194 (-3.44%). Coffee prices today are sharply lower as forecasts for rain in Brazil sparked long liquidation in coffee futures. Somar Meteorologia said today that dry and hot weather in Brazil...

R Rich Asplund
Austin Schroeder on 03/07/2025

Cotton Posting Thursday AM Gains

Cotton price action is showing gains of 60 to 81 points so far on Thursday morning. Futures clawed back some of the Tuesday losses on the midweek session, with contracts up 30 to 43 cents. The outside markets were be mixed factors with pressure coming from crude oil futures, down...Cotton via Jeff

A Austin Schroeder
Gregor Horvat on 03/07/2025

CRB Is Trying To Continue Lower Along With DXY

CRB Is Trying To Continue Lower Along With DXY within a deeper corrective decline by Elliott wave theory due to a nice positive correlation.Graph down income arrow by The_Creador via Shutterstock

G Gregor Horvat
Austin Schroeder on 03/07/2025

Cotton Pops Back Higher on Wednesday

Cotton futures clawed back some of the Tuesday losses on the midweek session, with contracts up 30 to 43 cents. The outside markets were be mixed factors with pressure coming from crude oil futures, down $1.87/barrel. The US dollar index was supportive, falling another $1.417 on the day and is...Ro

A Austin Schroeder
Rich Asplund on 03/07/2025

Sugar Prices Finish High as Dollar Weakness Induces Short Covering

May NY world sugar #11 (SBK25 ) Wednesday closed up +0.10 (+0.55%), and May London ICE white sugar #5 (SWK25 ) closed up +4.00 (+0.77%). On Wednesday, sugar prices posted moderate gains as the dollar index (DXY00) fell to a 3-3/4 month low and spurred short-covering in sugar futures. Gains...Packet

R Rich Asplund
Rich Asplund on 03/07/2025

Cocoa Prices Under Pressure as the Supply Outlook Improves

May ICE NY cocoa (CCK25 ) Wednesday closed down -310 (-3.70%), and May ICE London cocoa #7 (CAK25 ) closed down -233 (-3.53%). Cocoa prices Wednesday fell sharply but remained just above Tuesday's 3-1/2 month lows. An improving supply outlook is weighing on cocoa prices after the International Coco

R Rich Asplund
Rich Asplund on 03/07/2025

Arabica Coffee Prices Underpinned by Dry Weather in Brazil

May arabica coffee (KCK25 ) Wednesday closed up +11.55 (+2.90%), and May ICE robusta coffee (RMK25 ) closed down -2 (-0.04%). Coffee prices on Tuesday settled mixed, with arabica posting a 2-week high. Below-normal rain in Brazil may reduce coffee crop yields and is supporting prices. Somar Meteo

R Rich Asplund
Austin Schroeder on 03/07/2025

Cotton Posting Wednesday Gains

Cotton futures are showing some strength so far on Wednesday with gains of 40 to 50 points so far. The outside markets continue to be mixed factors with pressure coming from crude oil futures were, down $2.30/barrel. The US dollar index is falling another $1.278 on the day. The Monday...Cotton field

A Austin Schroeder
Rich Asplund on 03/07/2025

Sugar Prices Rebound as Dollar Weakness Spurs Short Covering

May NY world sugar #11 (SBK25 ) today is up +0.11 (+0.61%), and May London ICE white sugar #5 (SWK25 ) is up +4.30 (+0.83%). Sugar prices today are moderately higher. Short-covering emerged in sugar futures today after the dollar index (DXY00) tumbled more than -1% to a 3-3/4 month...Pour sugar fro

R Rich Asplund
Rich Asplund on 03/07/2025

An Improving Supply Outlook Weighs on Cocoa Prices

May ICE NY cocoa (CCK25 ) today is down -211 (-2.52%), and May ICE London cocoa #7 (CAK25 ) is down -233 (-3.53%). Cocoa prices today are trading lower and just above Tuesday's 3-1/2 month lows. An improving supply outlook is weighing on cocoa prices after the International Cocoa Organization...Cho

R Rich Asplund
Rich Asplund on 03/07/2025

Coffee Prices Rally as Dry Weather in Brazil Risks Harming Coffee Crops

May arabica coffee (KCK25 ) today is up +14.80 (+3.71%), and May ICE robusta coffee (RMK25 ) is up +37 (+0.66%). Coffee prices today extended this week's rally, with arabica posting a 2-week high and robusta posting a 1-1/2 week high. Below-normal rain in Brazil may reduce coffee crop yields...Hot

R Rich Asplund
Austin Schroeder on 03/07/2025

Cotton Bouncing Back on Wednesday Morning

Cotton price action is showing some strength on Wednesday AM trade, up 8 to 30 points Futures closed with 210 to 227 point losses across most contracts on Tuesday. The outside markets were mixed factors. Crude oil futures were down 33 cents/barrel, with the US dollar index falling $1.159 on...Rolls

A Austin Schroeder
Austin Schroeder on 03/07/2025

Cotton Falls on Tuesday with Trade Issues

Cotton futures closed with 210 to 227 point losses across most contracts on Tuesday. The outside markets were mixed factors. Crude oil futures were down 33 cents/barrel, with the US dollar index falling $1.159 on the day. In response to President Trump’s additional 10% tariff on Chinese goods, Chin

A Austin Schroeder