milk futures

18 Jun

How Low Are Coffee Prices Headed?

in Blog, Cocoa futures, coffee futures trading, commodity trading, cotton futures, lumber futures, Michael Seery, milk futures, orange juice futures, Seery Futures.com, sugar futures

Coffee Futures-- Coffee futures are slightly higher today at 123.50 in the September contract as it looks to be a record crop down in Brazil as there is no frost or possible damaging freeze at this point in time pushing prices to new 3 year lows with the next major support at 110 – 120.

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17 Jun

Have Sugar Prices Bottomed?

in Blog, Cocoa futures, coffee futures trading, commodity trading, cotton futures, lumber futures, Michael Seery, milk futures, orange juice futures, Seery Futures.com, sugar futures

Sugar Futures--- Sugar futures in New York today rallied for the 2nd consecutive day hitting a 3 week high at 16.85 and have rallied 80 points from contract lows just hit last Thursday.

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14 Jun

Where Are Cocoa Prices Headed?

in Blog, Cocoa futures, coffee futures trading, commodity trading, cotton futures, lumber futures, Michael Seery, milk futures, orange juice futures, Seery Futures.com, sugar futures

Cocoa Futures-- Cocoa futures were down for the 2nd consecutive day this week finishing down around 100 points in the last 2 trading days right at its 20 day moving average but still trading above its 100 day moving average after settling last Friday at 2364 going out this Friday at 2240 down over 120 points as pessimism about many of the commodity markets is continuing to push prices lower.

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14 Jun

Coffee Prices Hit 3 Year Lows

in Blog, Cocoa futures, coffee futures trading, commodity trading, cotton futures, lumber futures, Michael Seery, milk futures, orange juice futures, Seery Futures.com, sugar futures

Coffee Futures-- Coffee futures are lower once again this Friday afternoon at 123.80 in the July contract as it looks to be a record crop down in Brazil as there is no frost or possible damaging freeze at this point in time pushing prices to new 3 year lows with the next major support at 110 – 120 after settling last Friday at 127 down around another 500 points for the week.

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14 Jun

Have Sugar Prices Bottomed?

in Blog, Cocoa futures, coffee futures trading, commodity trading, cotton futures, lumber futures, Michael Seery, milk futures, orange juice futures, Seery Futures.com, sugar futures

Sugar Futures--- Sugar futures had one of their better days in quite some time up 57 points in the July contract at 16.78 hitting a 2 week high breaking through its 20 day moving average and I suspect there could be buy stops up around this area which could propel prices even higher in the short term.

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14 Jun

Cotton Prices Hit 1 Year High

in Blog, Cocoa futures, coffee futures trading, commodity trading, cotton futures, lumber futures, Michael Seery, milk futures, orange juice futures, Seery Futures.com, sugar futures

Cotton Futures--- Cotton futures for the December contract which is considered the new crop which is currently planted hit a false 3 ½ month low a couple weeks ago around 82 and now has skyrocketed in the last 2 weeks due to the USDA stating that ending stocks of 2.6 million bales were below estimate figures and now a drought in Texas is hurting the crop which is trading at 89.10 hitting a new 1 year high after settling last Friday at 85.10 up 400 point

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10 Jun

Sugar Prices Continue Bearish Trend

in Blog, Cocoa futures, coffee futures trading, commodity trading, cotton futures, lumber futures, Michael Seery, milk futures, orange juice futures, Seery Futures.com, sugar futures

Sugar Futures-- Sugar futures in New York finished down 5 points at 16.38 a pound still trading far below its 20 and 100 day moving average with outstanding chart structure to the downside as prices continue to grind lower hitting a new 3 year low with very little volatility in the past week.

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07 Jun

Cocoa Prices Higher 5th Day In A Row

in bear put spreads, Blog, bull call spreads, call options, Cocoa futures, coffee futures trading, commodity trading, commodity trading rules, futures broker, lumber futures, managed futures, managed futures accounts Cotton futures, Michael Seery, milk futures, options broker, orange juice futures, put options, Seery Futures.com, Seery futures.com simulated trading, sugar futures

Cocoa Futures-- Cocoa futures rallied for the 5th consecutive trading session and I was advising traders last Friday when prices settled at 2191 to remain short this market with a stop right around 2350 and that was executed this week basically breaking even on that trade, however disappointing when you see 5 straight up days when you are short as prices have hit a 4 week high but there really is no trend at this point with the next resistance at 2437

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07 Jun

Coffee Prices At 3 Year Lows

in Blog, Cocoa futures, coffee futures trading, commodity trading, cotton futures, lumber futures, Michael Seery, milk futures, orange juice futures, Seery Futures.com, sugar futures

Coffee Futures-- Coffee futures were down 250 points this Friday afternoon settling at 126.00 trading below their 20 and 100 day moving average as their downtrend continues hitting a fresh 3 year low basically settling unchanged for the trading week as a large crop in Brazil seems to almost be a certainty at this point in time as good weather and no frost forecast in the near future.

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07 Jun

Cotton Prices Rally Sharply This Week

in Blog, Cocoa futures, coffee futures trading, commodity trading, cotton futures, lumber futures, Michael Seery, milk futures, orange juice futures, Seery Futures.com, sugar futures

Cotton Futures--- Cotton futures are trading slightly higher this Friday afternoon still trading above their 20 and 100 day moving average after settling last Friday right near 3 month lows & as I was advising traders to be short the cotton market, however prices turned higher & rallied over 300 points this week due to the fact that the U.S dollar was sharply lower causing many commodities to rally and at this point there really is no trend in cotton s

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