Market Overview

Cocoa Moves Higher

Share:

Cocoa futures are trading higher Wednesday. March Cocoa is trading at 2763, up 74. May Cocoa is trading at 2764, up 59. Traders are expecting choppy trading.

Some market talk about the mid-crop harvest, which begins in six weeks or so, may be delayed. Chatter that dry weather impacts on crops during January might shift the supply-demand a bit towards a deficit is surfacing.

Posted-In: Futures Commodities Markets

 

Related Articles

View Comments and Join the Discussion!
Lightning Fast
Market News Service
$199 Free 14 Day Trial
Book A Demo
Learn How You Can Succeed In The Market With Benzinga Pro

Fastest Market News

Real-Time News Alerts

Customizable News Filters

Book A Demo

Credit Suisse Reiterates Neutral Rating, Raises Price Target On J.M. Smucker Following Big Heart Acquisition News

Bank Of America Says Chipotle Mexican Grill Had Strong Quarter, Lowers Estimates