Looks like the specs are piling into the near-term sugar contracts, based on forecasts that India will be a net importer of sugar.
Their farmers are forgoing sugar in favor of higher priced crops. Well gee, it's about damn time!
Not quite to a breakout yet - we'll see if this gap up holds.
Most Popular Articles This Month
Nice simple breakdown of 3 of our favorite softs - coffee, cocoa, and sugar - by the folks at Money Morning. I did not realize the coffee ...
The gold standard these days has been reduced to a distant memory and fantasy of hard money proponents. IF we returned to a gold standard, ...
Our soft commodity flavor-of-the-month, cotton, has seen its near term futures surge "limit up" for the second day in the row. Wa...