Weekly Review Of Agriculture Markets - Wednesday, June 17

Weekly New York World Raw Sugar Futures:

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Weekly London White Sugar Futures:

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Cocoa

New York and London closed lower for the week but a little higher on Friday. New York is showing a double top on the charts at about 2300 July. There are a lot of demand worries as the Coronavirus is not going away and could be making a comeback in the US. Harvest is now over for the main crop in West Africa and the results so far are very good. The reports from West Africa imply that a big harvest in the region. However, the Midcrop could be less due to dry weather earlier in the season. Arrivals are at a pace about the same as last year. Ideas are that Southeast Asia also has good crops.

Weekly New York Cocoa Futures:

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Weekly London Cocoa Futures:

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Disclaimer: Past results are not necessarily indicative of future results. Investing in futures can involve substantial risk of loss & is not suitable for everyone. Trading foreign exchange also ...

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