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Softs News and Commentary

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Sun, May 5th, 2024
Cotton Rallies to End Week of Losses

Cotton futures closed out the week on a better note for the bull as contracts were up 53 to 244 points. July was down 284 points this week, with December 134 points lower. A weaker US dollar helped to...

CTK24 : 77.36s (+3.26%)
CTN24 : 78.06s (+3.23%)
CTZ24 : 75.97s (+2.41%)
Sugar Posts Modest Gains on Brazilian Real Strength

July NY world sugar #11 (SBN24 ) on Friday closed up +0.03 (+0.16%), and Aug London ICE white sugar #5 (SWQ24 ) closed up +1.50 (+0.26%). Sugar prices Friday posted modest gains. Short covering emerged...

SBN24 : 19.28s (+0.16%)
SWQ24 : 572.00s (+0.26%)
^USDBRL : 5.07240 (-0.77%)
CLM24 : 78.11s (-1.06%)
Cocoa Prices Settle Sharply Higher Amid a Lack of Liquidity

July ICE NY cocoa (CCN24 ) on Friday closed up +582 (+7.70%), and July ICE London cocoa #7 (CAN24 ) closed up +332 (+5.06%). Cocoa prices recovered from 6-week lows on Friday and rallied sharply. Gains...

CCN24 : 8,145s (+7.70%)
CAU24 : 6,403s (+6.13%)
Coffee Prices Retreat as Global Supplies Increase

July arabica coffee (KCN24 ) on Friday closed down -5.35 (-2.60%), and July ICE robusta coffee (RMN24 ) closed down -139 (-3.78%). Coffee prices Friday extended this week's sharp decline and posted 1-month...

KCN24 : 200.75s (-2.60%)
RMN24 : 3,541s (-3.78%)
European Commodities: Has Cocoa Finally Found Its Top?

Coffee tumbles alongside cocoa, while Brent crude pulls back on bearish U.S. inventories data.

CAN24 : 6,887s (+5.06%)
NFM24 : 74.470s (-1.31%)
XRQ24 : 469.75s (+0.70%)
SWQ24 : 572.00s (+0.26%)
RMK24 : 3,761s (-3.56%)
Q2Y00 : 31,983.00s (+3.27%)
CBN24 : 82.96s (-0.85%)
Cotton Rallying After Week of Losses

Cotton futures are seeing some profit taking off the recent drop, as contracts are up 147 to 268 points at midday, disregarding the thin May. A weaker US dollar is also helping, with midday losses of 288...

CTK24 : 77.36s (+3.26%)
CTN24 : 78.06s (+3.23%)
CTZ24 : 75.97s (+2.41%)
Sugar Pushes Higher as the Brazilian Real Rallies

July NY world sugar #11 (SBN24 ) this morning is up +0.11 (+0.57%), and Aug London ICE white sugar #5 (SWQ24 ) is up +3.50 (+0.61%). Sugar prices this morning are moderately higher. Short covering emerged...

SBN24 : 19.28s (+0.16%)
SWQ24 : 572.00s (+0.26%)
^USDBRL : 5.07240 (-0.77%)
CLM24 : 78.11s (-1.06%)
Cocoa Prices Whipsaw Sharply Higher as Volatility Continues

July ICE NY cocoa (CCN24 ) this morning is up +561 (+7.42%), and July ICE London cocoa #7 (CAN24) is up +348 (+5.31%). Cocoa prices this morning recovered from 6-week lows and are sharply higher. Gains...

CCN24 : 8,145s (+7.70%)
Coffee Prices Decline on an Increase in Global Supplies

July arabica coffee (KCN24 ) this morning is down -3.70 (-1.80%), and July ICE robusta coffee (RMN24 ) is down -66 (-1.79%). Coffee prices this morning extended this week's decline and posted 1-month lows....

KCN24 : 200.75s (-2.60%)
RMN24 : 3,541s (-3.78%)
Cotton Showing Mixed Trade on Friday Morning

Cotton prices are posting mixed trade to start the final trade session of the week, with July down 59 points and new crop steady to 6 cents higher. Futures continued to work lower as the recent drop in...

CTK24 : 77.36s (+3.26%)
CTN24 : 78.06s (+3.23%)
CTZ24 : 75.97s (+2.41%)

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Barchart Softs News

Cotton Rallies to End Week of Losses
Cotton futures closed out the week on a better note for the bull as contracts were up 53 to 244 points. July was down 284 points this week, with December 134 points lower. A weaker US dollar helped to close out the day with losses of 218 points. Commitment of... Read more

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U S Lime & Mineral (USLM)

The Chart of the Day belongs to the basic material company US Lime & Minerals (USLM) . I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then...
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