 Cotton Exports Up This Week
Boyd Cruel I Alaron Research - 26 February 2009
The USDA released its Weekly Export Sales Report this morning. Cotton Sales(08-09) were reported at 586,900 bales versus 438,500 bales the prevuious week. This was above expectations as traders were looking for 350,000-450,000 bales. As of 7:50am CST, May Cotton was up 104 points at 44.60. Now we will see if the market can move higher and HOLD these levels after this friendly report. ... mehr 2009 Sugar Outlook
Boyd Cruel I Alaron Research - 28 December 2008
Before we get into the sugar outlook for 2009, let’s briefly review what this market did in 2008. Sugar prices began to move higher in the latter half of 2007 and the rally continued into the early part of 2008. The market put in its yearly high of 15.07 in March. The market began to retrace from this level as prices were pressured by commodity fund liquidation and the Brazilian harvest. ... mehr USDA Crop Production Report-Cotton
Boyd Cruel I Alaron Research - 12 September 2008
This morning, the USDA released its Monthly Crop Production/Supply and Demand Report. This report was neutral to slightly bearish. The USDA raised ending stocks to 4.9 million bales from 4.6 million last month. In addition, the USDA lowered exports to 14.5 million bales versus 15 million last ... mehr USDA Crop Production Report Released
Boyd Cruel I Alaron Research - 12 August 2008
The USDA released its Monthly Crop Production/Supply and Demand Report this morning. It was viewed as a "friendly" report as the December contract touched limit (300 points) shortly after the report was released. The report showed that U.S. production for the 2008-2009 marketing year is ... mehr the softs report - Coffee Rallies on Dry Forecast
Boyd Cruel I Alaron Research - 01 October 2007
December Coffee futures came close today to reaching its 2007 high of 137.00. A high of 136.40 was made. The market continues to find underlying support due to the lack of rain in the Brazilian coffee growing regions. There was very little rain over the weekend ... mehr the softs report - Cocoa Prices Reach 2-Month High
Boyd Cruel I Alaron Research - 24 September 2007
December Cocoa closed at 2011, up 28 points. Prices pushed to a 2-month high of 2020. The market has rallied this month on concerns about the upcoming Ivory Coast crop. Black pod disease could possibly lower production. The initial crop estimate has come in between 1.2 to 1.3 million tonnes. ... mehr the softs report - Coffee Prices Hit 6-1/2 Month High
Boyd Cruel I Alaron Research - 17 September 2007
December futures pushed to a high of 128.15 today. Funds were active buyers as prices got above the recent high of 121.40 and when prices took out last month's high of 126.00. Speculative stops were also hit above those levels. The market has also been supported by the lack of rain in the ... mehr the softs report - Softs Update
Boyd Cruel I Alaron Research - 29 August 2007
December cocoa closed at 1806, up 36 points today. The market was supported as prices were able to hold support of 1750 in the last week. The strength in the British Pound also provided support today. Volume has been light this week ahead of the 3 day weekend in the U.S. This move higher ... mehr the softs report - Steger Florida OJ Estimate Released Today
Boyd Cruel I Alaron Research - 15 August 2007
September OJ hit limit down today after the release of the Steger estimate for the upcoming Florida crop. The estimate came in at 198 million boxes. There was talk in the last month that the crop could come in between 160-170 million boxes. The USDA will not be releasing its estimate until the ... mehr the softs report - Softs Update
Boyd Cruel I Alaron Research - 06 August 2007
Cocoa prices pushed to a 1-1/2 month low today of 1858 basis September. There was follow-through technical selling after Friday's close below 1900. Funds and specs are still holding a net-long position so we could see more long liquidation in the short-term. There is talk that the upcoming ... mehr the softs report - Quiet Day in the OJ and Cotton Markets
Boyd Cruel I Alaron Research - 31 July 2007
The OJ market has been consolidating this week after pushing to a 1-1/2 month high last Friday of 142.80 basis September. Funds and specs have been covering short positions since putting in a low in June of 118.90. As we move into August, we are approaching the more active period of the hurricane season. ... mehr the softs report - Softs Review
Boyd Cruel I Alaron Research - 25 July 2007
Cocoa prices were lower today due to the weaker British Pound and the lack of buying interest above 2100 basis September. In the last 2 weeks, the market has been trading between 2014 and 2120. A top could have been put in place for this market at 21.41. There hasn't been any bullish news to feed ... mehr the softs report - Softs Review
Boyd Cruel I Alaron Research - 18 July 2007
The cocoa market closed slightly higher today as prices stayed inside the previous session's range. The market was lower earlier in the week on fund and speculative selling. Funds and specs have been holding a large net-long position over the last month. If the market holds this higher level, we ... mehr the softs report - Softs Review
Boyd Cruel I Alaron Research - 09 July 2007
September cocoa was lower today as prices held the contract high made last Friday of 2141. Long liquidation pressured the market today. This market is overbought as prices have rallied over 200 points in the last couple of weeks. During this rally, funds and specs have been noted buyers and have ... mehr the softs report - Cocoa Re-tests Contract Highs
Boyd Cruel I Alaron Research - 26 June 2007
Fund and speculative buying pushed cocoa prices higher today as the September contract neared its contract high of 2035. There has been little news in this market. The market had mild underlying support due to the smaller Ivory Coast crop and a strike in Nigeria. However, the smaller crop ... mehr the softs report - Softs Review
Boyd Cruel I Alaron Research - 20 June 2007
Cocoa prices were lower today on fund and speculative liquidation. The market has ran out of gas after the technical rally we have seen in the last week. The lack of news in this market helped keep a lid on this market. Unless we get some bullish news, the market should be able to hold the contract ... mehr the softs report - Sugar Prices Make New Contract Lows!!
Boyd Cruel I Alaron Research - 05 June 2007
July sugar closed 36 points lower today at 8.56. It pushed to a new contract low today of 8.50. As I said in last week's report, I didn't feel that our bottom was in this market and the rally was no more than a technical bounce. So where do we go from here? Well, what's low can go lower. This market ... mehr the softs report - Softs Review
Boyd Cruel I Alaron Research - 29 May 2007
Speculative selling continued to push cocoa prices lower today. Prices have been pressured after it failed to get above resistance of 20.00 basis July last week. Cocoa bean arrivals in the Ivory Coast have been been behind last year's pace. There were expectations that the mid-crop would be ... mehr the softs report - Weaker Prices in the Softs Complex
Boyd Cruel I Alaron Research - 22 May 2007
The cocoa market was weaker today after prices held resistance of 1970. Speculative buying had been supporting the cocoa market in the last week. This move higher has been technical in nature as the recent news has been somewhat bearish recently. Rain has been falling in the Ivory Coast in the last few months, which has improved the ... mehr the softs report - Cotton Prices Push to New Lows
Boyd Cruel I Alaron Research - 14 May 2007
Cotton:Fund and speculative selling continued to pressure the market as prices pushed to a new contract low of 46.90 basis July. The market was set up for this leg down as the Commitment of Trader's Report showed as of 5/8, that funds were net-short almost 13,000 contracts, while ... mehr the softs report - Firmer Prices Today Across the Board
Boyd Cruel I Alaron Research - 09 May 2007
Cocoa prices closed 39 points higher today at 1929 basis July. The market has been moving higher since holding the 50% retracement level of 1750 on May 1st. Speculative buying supported the market today as stops were hit above 1900 and 1910. Prices are working its way towards an upside gap at 1943. ... mehr the softs report - Softs Update
Boyd Cruel I Alaron Research - 02 May 2007
Cocoa prices continued to rebound today as July closed up 21 points at 1855. The market saw some follow-through technical buying after prices held the 50% retracement level of 1748 yesterday. Funds and specs have been holding a large net-long position over the last month. Prices began to fall ... mehr the softs report - Softs Review 4/23/07
Boyd Cruel I Alaron Research - 23 April 2007
The cocoa market was lower today as prices stayed inside the previous session's range. Before the sell-off late last week, the market made a contract high of 2014 basis July on the strength of the British Pound. The market has been pressured due to the rain in the Ivory Coast, the large net ... mehr OJ Prices Rebound After Filling Gap
Boyd Cruel I Alaron Research - 16 April 2007
May OJ futures closed 240 points higher today at 170.15. The market opened lower and filled a downside gap at 165.50. This gap was from last October's rally. OJ prices have dropped 2700 points since the beginning of the month. This sell-off we have seen has been technical in nature. The USDA ... mehr Weaker Prices in the Softs Sector Today
Boyd Cruel I Alaron Research - 09 April 2007
Cocoa prices were lower today on speculative selling. The Commitment of Trader's Report, showed as of 4/3, that funds and small specs are still net-long almost 55,000 contracts. This is still a large net-long position and could keep a lid on the market despite the rebound we saw after last Monday's ... mehr the softs report - Cocoa Makes a New Contract High!!
Boyd Cruel I Alaron Research - 23 March 2007
May Cocoa pushed to a new contract high today of 1924. Prices have rallied over 120 points this week as funds and specs were major buyers. Coming into this week, funds and specs were already holding a net-long position of over 53,000 contracts. This afternoon's COT report should show an increase. The ... mehr the softs report - End of the Week Update
Boyd Cruel I Alaron Research - 16 March 2007
Cocoa prices were higher today as the market continued its bounce off the weekly low of 1753 basis May. Earlier in the week a contract high was made of 1815. The market has had problems finding any strength once prices are above the 1800 level. The market held that level today as a high of 1800 was ... mehr the softs report - USDA Report Released Today
Boyd Cruel I Alaron Research - 09 March 2007
This morning, the USDA released it's monthly Crop Production/Supply and Demand Report. The USDA lowered their estimate on the Florida crop to 132 million boxes versus 140 million last month. This 8 million box reduction was factored into the market as prices have rallied in the last 3 weeks. A new ... mehr the softs report - End of the Week Update(1)
Boyd Cruel I Alaron Research - 02 March 2007
May cocoa futures continue to flirt with its contract high of 1812. The market showed some weakness after light selling above 1800 kept a lid on the market. Support held at 1770 on speculative buying and prices got back above 1800. It was the second straight day prices have closed above 1800. This ... mehr the softs report - OJ Nearing Contract High!!
Boyd Cruel I Alaron Research - 23 February 2007
The March futures contract pushed to a monthly high today of 207.40. It came within 140 points from the contract high of 208.80. However, prices hit initial resistance of 207.50 and end of the week profit taking pushed the market lower. The March contract closed up 65 points at 204.85. Prices have ... mehr the softs report - Cocoa, Coffee, and Sugar Prices Weaker Today
Boyd Cruel I Alaron Research - 20 February 2007
May cocoa closed 26 points lower today at 1761. The market opened at its high for the day of 1800. However, there was no follow-through buying on the re-open and prices moved lower as it was able to hold last week's high of 1801. Traders began liquidating long positions but found support at 1750-175 ... mehr the softs report - End of the Week Update
Boyd Cruel I Alaron Research - 16 February 2007
**Just a reminder that the U.S. markets will be closed on Monday, February 19th for President's Day.**
May cocoa futures settled unchanged today at 1787. Prices pushed up to resistance of 1800. There was no follow-through buying above that level and longs began to cover ... mehr  the softs report - USDA Report a Non-event for OJ and Cotton
Boyd Cruel I Alaron Research - 09 February 2007
This morning, the USDA released its Monthly Crop Production Report. This report involved the OJ and Cotton markets. The report was neutral to slightly bearish for both markets. The USDA left its Florida OJ crop estimate unchanged at 140 million boxes. Trade expectations were for an unchanged to ... mehr the softs report - Softs Update
Boyd Cruel I Alaron Research - 05 February 2007
**The Softs markets can now be traded electronically on the ICE platform. Please note that there are electronic softs contracts traded on Globex. The Globex contracts ARE NOT the same as the NYBOT contracts. Only the ICE traded contracts will offset pit traded ... mehr the softs report - End of the Week Softs Update
Boyd Cruel I Alaron Research - 26 January 2007
Cocoa prices gapped lower today as stops were hit below 1600 basis March. Funds and small speculators were noted sellers. The market has been pressured by the lack of fresh news. Prices had been on an uptrend since mid-November and topped out earlier this month. The market was supported on talk of smaller ... mehr the softs report - OJ Prices Make New Contract Highs!!
Boyd Cruel I Alaron Research - 17 January 2007
March OJ pushed to a new contract high today of 207.60. Speculators and funds were buyers as prices held support of 200.00. The market has been supported by the freeze in California over the past weekend. There are unconfirmed reports that up to 75% of the crop has been destroyed. ... mehr Quiet Day in the Softs Markets to Start the Week - the softs report
Boyd Cruel I Alaron Research - 08 January 2007
COCOA: (Trading Hours: 7:00am-10:50am CST) (Report, as of 1/8 close):
Prices were lower today on follow-through selling from Friday's session. The market dropped siginificantly as February options expired on Friday. The market has rallied in the last month as arrivals in the Ivory Coast have been ... mehr the softs report
Boyd Cruel I Alaron Research - 18 December 2006
COCOA: (Trading Hours: 7:00am-10:50am CST) (Report, as of 12/15 close)
Prices pushed to a new monthly high this week of 16.86 basis March. Fund and speculative buying continues to support this market. Prices have retreated from this high as the market ... mehr the softs report
Boyd Cruel I Alaron Research - 25 November 2006
COCOA: (Trading Hours: 7:00am-10:50am CST) (Report, as of 11/22 close)
The market is correcting itself from its recent sell-off. Prices have dropped almost 100 points snce posting a monthly high of 1575 basis March. The market has found support around 1475. The market found support as bean ... mehr the softs report
Boyd Cruel I Alaron Research - 07 November 2006
COCOA: (Trading Hours: 7:00am-10:50am CST) (Report, as of 11/07 close)
The market had its highest close in 2 weeks as the December contract closed above the 1500 level. The market has been supported by the tension that has been brewing in the Ivory Coast. A UN Resolution took away the military control from the President and gave it to the Prime Minister. This led to a ... mehr the softs report
Boyd Cruel I Alaron Research - 31 October 2006
COCOA: (Trading Hours: 7:00am-10:50am CST) (Report, as of 10/31 close): The market has been finding underlying support in the last week as cocoa bean arrivals in the Ivory Coast have been moving slowly. This has caused near-term supplies to be tight. However, prices have been able to hold resistance of 1500 basis December. ... mehr the softs report
Boyd Cruel I Alaron Research - 17 October 2006
COCOA: (Trading Hours: 7:00am-10:50am CST) (Report, as of 10/17 close)
The market was firmer today after prices held the recent low of 13.96 basis December. Also supporting the market was news that Ivory Coast farmers have begun a strike. They are ... mehr the softs report
Boyd Cruel I Alaron Research - 09 October 2006
COCOA: (Trading Hours: 7:00am-10:50am CST) (Report, as of 10/9 close): This market is finding support around last month's low of 1515 basis December. Traders are keeping an eye on the political situation in the Ivory Coast. The term of the current President is set to end on October 31st. There is ... mehr the softs report
Boyd Cruel I Alaron Research - 18 September 2006
COCOA: (Trading Hours: 7:00am-10:50am CST) (Report, as of 9/18 close) The market pushed to new contract lows today of 1415 basis December. The market gapped lower on the open and stops were hit below the previous low of 1458. Funds and specs were sellers. This was follow-through ... mehr the softs report
Boyd Cruel I Alaron Research - 01 September 2006
COCOA: (Trading Hours: 7:00am-10:50am CST) (Report, as of 9/1 close)
The market was higher today on follow-through buying from the previous session. Prices were able to hold the weekly low of 1458 basis December. Trade buying supported the market near ... mehr the softs report
Boyd Cruel I Alaron Research - 25 August 2006
COCOA: (Trading Hours: 7:00am-10:50am CST) (Report, as of 8/25 close)
The market was lower today on follow-through selling as prices held resistance(in the previous session) of 1550 basis December. The market has been quiet this week as there is little news in this market. There was talk ... mehr the softs report
Boyd Cruel I Alaron Research - 16 August 2006
COCOA: (Trading Hours: 7:00am-10:50am CST) (Report, as of 8/16 close)
Spread trading has been active this week ahead of first notice day for the September contract this Friday, 8/18. Prices were higher today as the market held support earlier in the week of 1540 basis December. Trade buying has ... mehr the softs report
Boyd Cruel I Alaron Research - 14 August 2006
COCOA: (Trading Hours: 7:00am-10:50am CST)
The market closed lower today on speculative selling late in the session. The sell-off can also be attributed to September option expiration today as prices moved ... mehr the softs report
Boyd Cruel I Alaron Research - 05 August 2006
COCOA: (Trading Hours: 7:00am-10:50am CST) (Report, as of 8/4 close)
The market closed lower today on speculative selling late in the session. The sell-off can also be attributed to September option expiration today as prices moved ... mehr the softs report
Boyd Cruel I Alaron Research - 26 July 2006
COCOA: (Trading Hours: 7:00am-10:50am CST) (Report, as of 7/26 close)
The market closed slightly lower today as prices held the weekly low of 1475 basis September. The market has made several attempt this week to break above resistance of 1500. However, ... mehr the softs report
Boyd Cruel I Alaron Research - 21 July 2006
COCOA: (Trading Hours: 7:00am-10:50am CST) (Report, as of 7/20 close)
The market was slightly higher as prices stayed inside the previous session's range. Prices have dropped over 200 points this week on fund and speculative selling. The market had broken out of a 4-5 month trading range ... mehr the softs report
Boyd Cruel I Alaron Research - 10 July 2006
COCOA: (Trading Hours: 7:00am-10:50am CST) (Report, as of 7/10 close) Prices have rallied over 100 points in the last 2 weeks on speculative and trade buying. The market technically broke out of a 4-5 month trading range. A new contract high was made today of ... mehr
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