Cocoa beans are the primary ingredient in chocolate confectionery products enjoyed worldwide. Cocoa is an agricultural product that grows in equatorial climates, making West Africa the leading producing...
Cocoa prices continue to consolidate at over $3,000 per ton. The soft commodity is the latest to join the bullish party in a sector that has led the commodities asset class over the past year.
Over the past months, cotton, sugar, coffee, and frozen concentrated orange juice futures rose to the highest price in years, with FCOJ reaching a new record peak. Meanwhile, cocoa futures were the latest...
Jim’s video covers: a) Midwest drought easing with a vengeance; b) sugar making multi-year highs on global crop issues, tight supplies; c) coffee roaring back into high volatility zone; d) unraveling...
The soft commodities sector includes sugar, coffee, cocoa, cotton, and frozen concentrated orange juice. The agricultural products can be highly volatile, but frozen concentrated orange juice futures tend...
Cocoa was the only soft commodity not making a multi-year high in 2022. In the soft commodities sector of the commodity market, sugar, coffee, cotton, and FCOJ futures rose to the highest level in years,...
Frozen concentrated orange juice futures trade in the soft commodities sector alongside sugar, Arabica coffee beans, cocoa, and cotton futures. While the Ivory Coast and Ghana are the primary cocoa producers...
Nearby ICE cocoa futures fell short of the $2,700 per ton level at the most recent high, but they traded at the highest price since February 2022. While cocoa futures have pulled back from that high, the...
Nasdaq100 (NQZ22) is exhausting on its Dead Cat Bounce (off the October low) as seen by Tuesday’s sharp reversal after posting a fresh December high. NQ is suddenly at a new December low, and just...
Cocoa beans are the primary ingredient in chocolate confectionery products enjoyed worldwide. While many commodity prices experienced explosive gains as inflation gripped markets, cocoa has remained steady....