Futures Market Overview

In my opinion, further clues were presented at the end of the week via the unemployment report as to further weakening of the economy.  Stagflation has settled in with the Fed's Powell stating this week...

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...

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...

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...

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...

Corn futures are slipping of the early session strength on Friday, with contracts down 1 ½ to 3 ½ cents in the nearbys and up 1 to 2 cents in the new crop contracts. Some precip is expected to make...

Soybeans are trading the final session of the week, with contracts up 6 to 8 cents across most months, pulling back from early double digit gains. Soymeal is also pulling off the highs, with contracts...

The wheat complex is heading higher on Friday. Chicago contracts are the leaders, with gains of 17 to 20 cents across most contracts. Kansas City futures are up 13 to 15 cents on the day, so far. There...