Phil Franz Warkentin
Latest From Phil Franz Warkentin
The cocoa market lost ground during the week, falling USD32, to USD1912 a tonne.
ICE Sugar futures suffered modest losses during the week ended July 26. The front-month October contract declined roughly a quarter of a cent to 14.23¢.
The coffee market could be headed higher after boca worms were spotted in Brazilian coffee fields.
During the past week, the most-active December contract lost 10.25¢ to fall to USD3.86 a bushel; as the market hangs around the lower end of its recently-established range.
During the week ended July 26, the dominant soy November contract lost 12.25¢ to hit the USD10 a bushel mark.
ICE Futures Canada canola contracts moved lower during the week ended July 26, as improving weather conditions in parts of Western Canada and the US Midwest saw speculators liquidating some of their long positions.