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Softs News and Commentary

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Sun, May 19th, 2024
Short Sugar Calendar Spread, Long Natural Gas Butterfly Spread

We're entering a very *bullish* multi-month period for the Sugar markets.  Sugar prices have been pushed sharply lower (partially by the big drop in Crude Oil) but looking forward, seasonals suggest it's...

The Era of Weather Volatility Will Continue to Escalate Peaking in the mid 2030's

The History of Weather Volatility is Largely Driven by the 89-Year Solar Gleissberg Cycle, the 40-Year Sea Surface Temperature Cycle and the 220-Year Grande Solar Cycle Minimum. All three cycles are in...

How a weakening El Niño is causing a bear market in soft commodities and grain market volatility

Jim's video focuses on weather and crop issues on four continents

ZSN24 : 1228-0s (+0.97%)
SOYB : 25.52 (+0.28%)
ZCN24 : 452-4s (-0.98%)
CORN : 20.31 (-0.93%)
ZWN24 : 651-2s (-1.81%)
KEN24 : 661-6s (-1.71%)
WEAT : 6.09 (-1.30%)
CCN24 : 7,348s (-0.61%)
KCN24 : 206.60s (+4.40%)
TAGS : 28.15 (-0.60%)
DBA : 23.49 (-0.04%)
Cotton Heads Lower on Friday

The cotton market fall back lower on Friday, as contracts were down 5 to 38 points. On the week, July was down 142 points, with December losing just 16. The outside market factors were a mixed bag, with...

CTN24 : 75.89s (-0.46%)
CTV24 : 75.82s (-0.50%)
CTZ24 : 74.97s (-0.29%)
Sugar Prices Slide as the Supply Situation Improves

July NY world sugar #11 (SBN24 ) on Friday closed down -0.20 (-1.09%), and Aug London ICE white sugar #5 (SWQ24 ) closed down -1.50 (-0.28%). Sugar prices posted moderate losses on Friday but remained...

SBN24 : 18.13s (-1.09%)
SWQ24 : 534.70s (-0.28%)
Cocoa Prices End Lower on the Outlook for Beneficial Rain in West Africa

July ICE NY cocoa (CCN24 ) on Friday closed down -45 (-0.61%), and July ICE London cocoa #7 (CAN24 ) closed down -108 (-1.73%). Cocoa prices settled moderately lower on Friday due to the outlook for much-needed...

CCN24 : 7,348s (-0.61%)
CAU24 : 5,772s (-1.55%)
Coffee Closes Sharply Higher as Crop Concerns Spark Fund Buying

July arabica coffee (KCN24 ) on Friday closed up +8.70 (+4.40%), and July ICE robusta coffee (RMN24 ) closed up +98 (+2.87%). Coffee prices Friday rallied to 2-week highs and finished sharply higher. ...

KCN24 : 206.60s (+4.40%)
RMN24 : 3,518s (+2.87%)
^USDBRL : 5.10470 (-0.49%)
Cotton Slipping Back Lower on Friday

The cotton market is back to heading lower into the weekend, as midday losses are 10 to 39 points in the nearby contracts. The outside market factors are a mixed bag, with crude oil up another 31 cents...

CTN24 : 75.89s (-0.46%)
CTV24 : 75.82s (-0.50%)
CTZ24 : 74.97s (-0.29%)
Sugar Prices Weighed Down on the Outlook for Robust Sugar Supplies

July NY world sugar #11 (SBN24 ) today is down -0.23 (-1.25%), and Aug London ICE white sugar #5 (SWQ24 ) is down -2.70 (-0.50%). Sugar prices today are moderately lower but remain above Thursday's significant...

SBN24 : 18.13s (-1.09%)
SWQ24 : 534.70s (-0.28%)
Cocoa Prices Slip on Expectations for Needed Rain in West Africa

July ICE NY cocoa (CCN24 ) today is down -39 (-0.53%), and July ICE London cocoa #7 (CAN24 ) is down -109 (-1.75%). Cocoa prices today are moderately lower. Cocoa recovered from its worst levels today...

CCN24 : 7,348s (-0.61%)
CAU24 : 5,772s (-1.55%)

Tweets @Barchart

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Nickel, a crucially important metal used in electric vehicle batteries, has surged to 9-month highs 🚨 https://t.co/7Q4mDbOP2a
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Financial Conditions are now the loosest since January 2022 https://t.co/Z4atROcWF6
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Over the last 5 years, investing in the Nasdaq $QQQ would have generated a return of 158%. Investing in Cathie Wood's Ark Invest $ARKK would have brought home gains of 9%. https://t.co/wAN8DaUwlT
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If you’re looking for a guru to listen to, make it Peter Lynch https://t.co/mOhKn9z6jq
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Will the S&P 500 hit 6,000 this year?
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Options Trading 101 😂 https://t.co/B1Hvg6SBkb
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Utility Stocks just saw their largest weekly inflow since November 2022 https://t.co/vwhcRrxGOK
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Are Gold and Silver about to moon? Barchart’s John Rowland was interviewed by Ron from @BasementRon to get his thoughts. https://t.co/aj9JondVnX
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Barchart Softs News

Cotton Heads Lower on Friday
The cotton market fall back lower on Friday, as contracts were down 5 to 38 points. On the week, July was down 142 points, with December losing just 16. The outside market factors were a mixed bag, with crude oil up another 76 cents and the US dollar index just... Read more

Chart of the Day

Abercrombie & Fitch Company (ANF)

The Chart of the Day belongs to casual apparel company Abercrombie & Fitch (ANF) . 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 used the...
Read More

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