Fund Short Covering Pushes Sugar Prices Sharply Higher
Barchart4 minutes ago
July NY world sugar #11 (SBN24 ) on Monday closed up +0.55 (+3.03%), and Aug London ICE white sugar #5 (SWQ24 ) closed up +16.10 (+3.01%). Sugar prices Monday closed sharply higher as strength in the Brazilian real sparked fund short covering in sugar futures. The real (^USDBRL ) on...
Easing Supply Concerns Pressures Cocoa Prices
Barchart6 minutes ago
July ICE NY cocoa (CCN24 ) on Monday closed down -132 (-1.80%), and July ICE London cocoa #7 (CAN24 ) closed down -133 (-2.17%). Cocoa prices on Monday extended their month-long slide to 2-1/2 month lows and fell by more than 44% from last month's record highs. Losses in cocoa...
Coffee Prices Settle Mixed on Rising ICE Coffee Inventories
Barchart7 minutes ago
July arabica coffee (KCN24 ) on Monday closed up +0.10 (+0.05%), and July ICE robusta coffee (RMN24 ) closed down -19 (-0.54%). Coffee prices Monday fell back from 2-week highs and settled mixed. A rebound in ICE coffee inventories from historically low levels is undercutting prices. ICE-monitored robusta coffee inventories...
More rain expected for the Midwest in near-term
Brownfield Ag News9 minutes ago
An ag meteorologist says don’t expect a weeklong stretch of dry weather for planting until the end of May or early June in the Midwest. Drew Lerner with World Weather Incorporated says a ridge of high pressure will develop over the next week, which could lower the chances of rain....
Sen. Marshall says more crop insurance support needed in farm bill
Brownfield Ag News9 minutes ago
A member of the Senate Ag Committee says lawmakers have a lot of work to do before a new farm bill is signed into law. U.S. Senator Roger Marshall says the House has made progress with a markup expected this week. “I think they’re a little bit ahead of what’s...
SPDR Industrial ETF ( $XLI) React From the Blue Box Area as Expected.
Elliott Wave Forecast23 minutes ago
Hello everyone. In today’s article, we will look at the past performance of the 1H Hour Elliott Wave chart of SPDR Industrial ETF (XLI) . The rally from 5.02.2024 low at $120.56 unfolded as 5 waves impulse. So, we expected the pullback to unfold in 7 swings and find buyers again.
BABA Stock: Forecasting the Rally from the Equal Legs Area
Elliott Wave Forecast39 minutes ago
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of (BABA) Stock, published in members area of the website. As our members know we have been forecasting the long side in Baba Stock in short term.
Miscellaneous Tariff Bill Reform Act introduced in U.S. House
Brownfield Ag News41 minutes ago
A bill in the U.S. House would renew a trade program that reduces input costs for farmers and ranchers. U.S. Congressman Adrian Smith says the Miscellaneous Tariff Bill Reform Act would make U.S.-manufactured goods more competitive in domestic and international markets. “What has happened over the years is there have...
Shell Eggs: Daily North Carolina Eggs
USDA41 minutes ago
RA_PY001 Raleigh, NC Friday, May 20, 2024 Federal-State Market News North Carolina Eggs ...
Broiler/Fryer: Daily North Carolina Broiler/Fryers
USDA41 minutes ago
RA_PY002 Raleigh, NC Monday, May 20, 2024 USDA-NC Dept of Ag Market News N.C. BROILER-FRYERS: The market tone is steady and the live supply is adequate to meet the moderate demand. Average weights are mostly desirable. The estimated slaughter for Monday in North Carolina is...
Truck Shipments (Movement) in Packages - Raleigh, NC
USDA44 minutes ago
REPORTING OFFICE: RALEIGH MAY 20 2024 TRUCK, AIR, BOAT AND IMPORT SHIPMENTS FOR: FRI MAY 17 2024 SAT MAY 18 2024 ...
Truck Shipments (Movement) in 10,000 lb Units - Raleigh, NC
USDA44 minutes ago
REPORTING OFFICE: RALEIGH MAY 20 2024 TRUCK, AIR, BOAT AND IMPORT SHIPMENTS FOR: FRI MAY 17 2024 SAT MAY 18 2024 ...