Latest news with #CFTC
Yahoo
7 hours ago
- Business
- Yahoo
Arabica Coffee Prices Are Falling. How Much Lower Will They Go?
September coffee futures (KCU25) present a selling opportunity on more price weakness. See on the daily bar chart for September coffee futures that prices are trending down and have just hit a seven-month low. See, too, at the bottom of the chart that the moving average convergence divergence (MACD) indicator is in a bearish posture as the red MACD line is below the blue trigger line and both lines are trending down. Bears have the firm near-term technical advantage. Arabica Coffee Prices Retreat on Brazil Coffee Crop Optimism Cocoa Prices Plunge on Projections for a Larger 2025/26 Ghana Cocoa Crop Raw Commodities Bulls Have Been Beat Up. These 2 Major Catalysts Could Seriously Turn Things Around. Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. Fundamentally, favorable weather and growing conditions in major coffee regions of the world, especially in Brazil, have made bigger coffee crops likely this year. Increased global production has created a surplus of coffee beans on the market. In turn, producers have been selling more of their existing stocks in expectation of still-lower coffee prices in the coming months. A move in September coffee futures prices below chart support at 285.00 cents would become a buying opportunity. The downside price objective would be 230.00.0 cents, or below. Technical resistance, for which to place a protective buy stop just above, is located at 315.00 cents. IMPORTANT NOTE: I am not a futures broker and do not manage any trading accounts other than my own personal account. It is my goal to point out to you potential trading opportunities. However, it is up to you to: (1) decide when and if you want to initiate any trades and (2) determine the size of any trades you may initiate. Any trades I discuss are hypothetical in nature. Here is what the Commodity Futures Trading Commission (CFTC) has said about futures trading (and I agree 100%): Trading commodity futures and options is not for everyone. IT IS A VOLATILE, COMPLEX AND RISKY BUSINESS. Before you invest any money in futures or options contracts, you should consider your financial experience, goals and financial resources, and know how much you can afford to lose above and beyond your initial payment to a broker. You should understand commodity futures and options contracts and your obligations in entering into those contracts. You should understand your exposure to risk and other aspects of trading by thoroughly reviewing the risk disclosure documents your broker is required to give you. On the date of publication, Jim Wyckoff did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Time of India
2 days ago
- Business
- Time of India
Cryptocurrency Live News & Updates : Aptos CEO Joins CFTC's Crypto Regulation Panel
30 Jun 2025 | 11:55:12 PM IST Avery Ching, co-founder and CEO of Aptos, has been appointed to the CFTC's Digital Asset Markets Subcommittee, marking a shift towards including builders in regulatory discussions. In a significant development for cryptocurrency regulation, Avery Ching, the CEO of Aptos, has joined the CFTC's Digital Asset Markets Subcommittee, which includes influential figures from BlackRock and Goldman Sachs. This move highlights the CFTC's intent to incorporate insights from blockchain technologists, contrasting with the SEC's more stringent approach. Meanwhile, U.S. Treasury Secretary Besant anticipates a surge in trade agreements as the July 9 deadline approaches, indicating a proactive stance in economic negotiations. In the crypto market, Cardano's price has shown mixed signals, with whale accumulation suggesting potential recovery despite a recent 18% drop. Additionally, JPMorgan has initiated coverage of Circle with an underweight rating, citing an elevated market cap despite the stablecoin's strong positioning. As the landscape evolves, these developments reflect the ongoing interplay between regulatory frameworks and market dynamics in the cryptocurrency sector. Show more
Yahoo
2 days ago
- Business
- Yahoo
Is Crude Oil Set to Fall Here?
September crude oil futures (CLU25) present a selling opportunity on more price weakness. See on the daily bar chart for September Nymex West Texas Intermediate (WTI) crude oil futures that prices have seen a big downdraft from the June high and have now paused. This price action has created a bearish pennant or flag pattern on the daily bar chart, suggesting a bearish downside 'breakout' from the pattern may occur soon. See, too, at the bottom of the chart that the moving average convergence divergence (MACD) indicator has recently produced a bearish line crossover signal, whereby the red MACD line has crossed below the blue trigger line. 3 High-Quality Oil Stocks to Buy as Middle East Tensions Linger Is Crude Oil Set to Fall Here? Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! Fundamentally, the significantly decreased tensions in the Middle East, including the prospect that Iran could start to pump more oil due to easing U.S. economic sanctions, are price-bearish for crude oil, suggesting more supply on the world market. The shaky global trade situation at present also raises concerns about slowing energy demand growth due to worries about a resumption in global tariff exchanges. A move in September crude oil futures prices below chart support at $62.84 would become a selling opportunity. The downside price objective would be $55.00, or below. Technical resistance, for which to place a protective buy stop just above, is located at $66.00. Importantly, the micro WTI crude oil futures contracts are popular among retail futures traders and have seen significant growth since their introduction in July 2021. These contracts are very liquid and are one-tenth the size of regular WTI crude oil contracts. IMPORTANT NOTE: I am not a futures broker and do not manage any trading accounts other than my own personal account. It is my goal to point out to you potential trading opportunities. However, it is up to you to: (1) decide when and if you want to initiate any trades and (2) determine the size of any trades you may initiate. Any trades I discuss are hypothetical in nature. Here is what the Commodity Futures Trading Commission (CFTC) has said about futures trading (and I agree 100%): Trading commodity futures and options is not for everyone. IT IS A VOLATILE, COMPLEX AND RISKY BUSINESS. Before you invest any money in futures or options contracts, you should consider your financial experience, goals and financial resources, and know how much you can afford to lose above and beyond your initial payment to a broker. You should understand commodity futures and options contracts and your obligations in entering into those contracts. You should understand your exposure to risk and other aspects of trading by thoroughly reviewing the risk disclosure documents your broker is required to give you. On the date of publication, Jim Wyckoff did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 days ago
- Business
- Yahoo
Wheat Falling on Monday Morning
Wheat is trading with contracts weaker. The wheat complex was mixed across the three markets on Friday. Chicago SRW wheat was 3 to 4 cents higher on the day, with July falling back 43 cents last week. July CBT wheat had just 10 deliveries on Monday's first notice day. KC HRW contracts were steady to 2 cents lower, with the front month July losing 47 ¼ cents on the week. There were 315 deliveries issued against July KC wheat on FND. MPLS spring wheat was 1 to 3 cents in the green, as July was 30 ¾ cents lower since last Friday. The weekly CFTC update showed spec funds in Chicago wheat futures and options at a net short of 64,667 contracts by Tuesday, a reduction of 16,686 contracts during that week. In Kansas City wheat, managed money cut back 18,689 contracts from their net short to 43,462 contracts by June 24th. Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. Traders surveyed by Bloomberg are looking for all wheat acreage to total 45.4 million acres in today's report, with spring wheat at 10 million acres and 2 million for durum. June 1 wheat stocks are seen at 836 mbu, which would be the final tally for 2024/25 wheat and a 5 mbu reduction from the June WASDE estimate. Export Sales data has export commitments at 6.608 MMT as of June 19, which is a 5-year high. That is also 29% of USDA's full year forecast and ahead of the 28% average. Canadian wheat acreage is estimated to total 26.925 million acres according to Statistics Canada data, which is up 1% from last Spring wheat is seen down 0.7% to 18.809 million acres, with Durum up 2.69% and winter wheat up 244,000 acres. Agus cut their Ukraine wheat production estimate by 1.82 MMT from their March number to 21.88 MMT. Jul 25 CBOT Wheat closed at $5.24 3/4, up 3 3/4 cents, currently down ¼ cent Sep 25 CBOT Wheat closed at $5.40 3/4, up 4 cents, currently down 4 cents Jul 25 KCBT Wheat closed at $5.16, down 2 1/4 cents, currently up ¼ cent Sep 25 KCBT Wheat closed at $5.33 3/4, unch, currently down 4 cents Jul 25 MGEX Wheat closed at $6.08, up 1 1/4 cents, currently unch Sep 25 MGEX Wheat closed at $6.28, up 2 1/2 cents, currently unch On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 days ago
- Business
- Yahoo
Corn Leaking Ahead of USDA Data
Corn is trading with losses of ¼ to 4 ¾ cents on Monday morning. Futures closed the Friday session with gains of 6 to 8 cents in the front months. July was down 11 ¼ cents last week, with December losing 14 ¼ cents. Friday's open interest was down 14,177 contracts, with 48,888 exiting July ahead of first notice day today and 0 deliveries issued against the contract. The front month CmdtyView national average Cash Corn price was up 8 cents at $3.94. Ahead of the USDA Grain Stocks report later today, analysts estimate a total of 4.625 billion bushels of corn in stocks on June 1. That would be down 372 mbu from the year prior if realized. The range of estimates is at 4.459 to 4.798 bbu. Monday's Acreage report is expected to show 95.4 million acres for corn according to a Bloomberg survey, up ~200,000 acres from March. Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! The weekly CFTC Commitment of Traders report indicated large managed money spec traders in corn futures and options trimmed back 2,506 contracts from their large net short position. As of Tuesday, they held a net short of 182,282 contracts. Export Sales data has total commitments at 67.574 MMT, which is 99% of USDA's full year projection and slightly behind the 100% average sales pace. Statistics Canada data from Friday showed estimated Canadian corn acreage at 3.732 million acres, up 2.2% from a year ago. Brazil's corn crop was estimated at 130.6 MMT by an AgRural update this morning, which was up 1.9 MMT from the previous estimate, all on an increase to the second crop (130.6 MMT). Jul 25 Corn closed at $4.17 1/2, up 8 cents, currently down ¼ cent Nearby Cash was $3.94, up 8 cents, Sep 25 Corn closed at $4.11 1/2, up 7 1/2 cents, currently down 4 3/4 cents Dec 25 Corn closed at $4.27, up 6 cents, currently down 4 cents New Crop Cash was $3.84 3/8, up 6 1/4 cents, On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
