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Brazilian Real Weakness Weighs on Sugar Prices
October NY world sugar #11 (SBV26 ) is down -0.11 (-0.61%) today, and October London ICE white sugar #5 (SWV26 ) is down -1.10 (-0.21%). Sugar prices gave up an early advance today and turned lower as a slump in the Brazilian real (^USDBRL ) to a 1.5-week low spurred...
Cocoa Prices Gain on the Outlook for Tighter Supplies from Ghana
December ICE NY cocoa (CCZ26 ) is up +58 (+0.97%) today, and December ICE London cocoa #7 (CAZ26 ) is up +55 (+1.27%). Cocoa prices are moving higher today on carryover support from last Wednesday when Ghana’s cocoa industry regulator proposed raising cocoa farmers’ pay by +6% for the 2026/27...
Coffee Prices Rise on Technical Short Covering
December arabica coffee (KCZ26 ) is up +6.30 (+2.21%) today, and November ICE robusta coffee (RMX26 ) is up +31 (+0.88%). Coffee prices recovered from early losses today and moved higher on technical buying. Fund short covering emerged today following a 3-week long selloff that pushed coffee prices into extremely...