Platts EU 45 sugar FOB containers assessment for November shipment was assessed at a premium of $36/mt above the December (Z) White Sugar Futures (London 5) contract Friday, unchanged week on week. Last week Platts heard the first ...
Tags: Platts, Sugar Containers, Algerian Tender
New York futures moved higher this week, with December advancing 209 points to close at 63.94 cents/lb, while March gained 174 points to close at 62.27 cents/lb. “After posting a low of 60.83 cents two weeks ago, nearby supply ...
Tags: Cotton, cash market
The market has felt deflated ever since the wild ride on March 26, during which the spot contract shot up to a high of 97.35 cents/lb before dropping more than 500 points below that level by the end of the session. From a technical ...
Tags: Cotton Futures, Xinjiang cotton
ICE Cotton traded slightly higher this week despite the nearby cash market grinding to a virtual standstill. Current crop export sales were just enough to support the market, while the attractiveness of SH 2014 offers at 1000 pts less than ...
Tags: Cotton Trends, cash market, crop export
The liquidation of the March contract proceeded in a speedy and orderly fashion, as open interest was down to just 6’393 contracts or 639’300 bales as of this morning. With another 3’300 contracts trading, most of ...
Tags: Cotton Futures, Textile
From a technical point of view the market did resolve the flag formation that we had mentioned last week and broke out to the upside, which propelled March to a six-month high, while May traded at its best level since April 2012. On ...
Tags: Upward Trend, Cotton Futures
Soybeans were higher on commercial and fund buying. Weekly export numbers were strong, USDA will probably increase their estimate next week, and there are concerns about weather in key growing areas of South America. There’s been more ...
Tags: Soybeans Futures, wheat
Soybeans were higher on fund and commercial buying, along with spillover from corn. 2013 soybean production was up on the year and larger than expected at 3.29 billion bushels, while quarterly stocks were up on the year, but ending stocks ...
Tags: Corn, Corn Futures Prices, Prices Jump
Soybeans were mixed ahead of Friday's USDA numbers. USDA's expected to report a big crop Friday, but that may be moderated by an increase in their export estimate, with the reports out at Noon Eastern/11 AM Central. China bought more U.S. ...
Tags: Grain, Grain Futures, USDA Reports
Tuesday's Closing Grain and Livestock Futures Mar. corn closed at $4.26, down 1 and 3/4 cents Jan. soybeans closed at $12.99 and 1/2, up 2 and 3/4 cents Jan. soybean meal closed at $434.60, up $5.80 Jan. soybean oil closed at 37.70, ...
Tags: Grains Quiet, Hog Futures Prices, Cattle Futures Prices
Soybeans were lower on fund and commercial selling. Near term weather forecasts for South America look generally non-threatening and there was some rain in parts of their soybean region over the weekend. Overall, trade will be fairly slow ...
Tags: Weaker Corn, Soy, Wheat
Soybeans were lower on fund and commercial selling. There are some concerns about weather in parts of Argentina, but Brazil looks good and the trade expects a record crop out of the continent. Past that – there was no real fresh news ...
Tags: Soybean, Corn Futures
When tropical storm “Karen’ and typhoon ‘Fitow’ failed to deliver the expected punch to cotton areas in the US and China over the weekend, the market quickly relinquished some of its weather premium when trading ...
Tags: NY Cotton
A slew of bearish technical and fundamental factors put the market under pressure this week. First we had the breach of a 6-1/2-month uptrend line, which put the spec longs on the defensive, although we have yet to see any widespread spec ...
NY futures continued to slip this week, as July gave up 126 points to close at 85.48 cents, while December dropped 58 points to close at 85.08 cents. The futures market remained under pressure as hedge funds continued to exit commodity ...