Cocoa Prices Retreat as Global Supplies Mount and Demand Falters

March ICE NY cocoa (CCH26 ) on Friday closed down -51 (-1.40%), and March ICE London cocoa #7 (CAH26 ) closed down -45 (-1.72%). Cocoa prices extended their six-week-long plunge on Friday, with NY cocoa posting a 2.25-year nearest-futures low and London cocoa posting a 2.5-year low. Robust global supplies…

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Soybeans Close the Week with Weakness

Soybeans rounded out the week with contracts down 2 to 4 ½ cents at the close, as March was 17 ¾ cents higher this week. The cmdtyView national average Cash Bean price was down 4 1/4 cents at $10.67 1/4. Soymeal futures were 70 cents to $1.30 higher on the…

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Wheat Falls Lower on Friday

The wheat complex closed Friday with losses across all three markets. Chicago SRW futures were 9 to 10 cents lower, as March was still 19 cents higher this week. KC HRW futures were 10 to 12 1/2 cents in the red on Friday, though March was 11 ¼ cents higher…

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China expanding aid for Russia’s war, Western officials say

China increased its support for Russia’s war in Ukraine in 2025 and is likely to deepen cooperation with Moscow further this year, Western officials said, casting doubt on efforts by European leaders to improve relations with Beijing. President Xi Jinping has become more assertive and confident in his supporting Russia’s Vladimir Putin, and attempts by […]

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Newsom pleads with U.S. allies in Europe to see Trump as temporary

California Governor Gavin Newsom told a panel at the Munich Security Conference Saturday that he traveled there to reassure European allies that “Trump is temporary.” “He’ll be measured in years, not decades,” Newsom said, predicting Trump would suffer heavy losses in the midterm elections and face legal setbacks, including limits on his tariff authority under the International […]

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Stocks Settle Slightly Higher as Bond Yields Fall

The S&P 500 Index ($SPX ) (SPY ) on Friday closed up +0.05%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.10%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.18%. March E-mini S&P futures (ESH26 ) rose +0.03%, and March E-mini Nasdaq futures…

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Crude Prices Recover on Dollar Weakness

March WTI crude oil (CLH26 ) on Friday closed up +0.05 (+0.08%), and March RBOB gasoline (RBH26 ) closed down -0.0049 (-0.26%). Crude oil and gasoline prices settled mixed on Friday, with crude rebounding from a 1.5-week low. Crude prices recovered from early losses on Friday and posted modest gains,…

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Golfers sue over Trump’s overhaul of 100-year-old public course so it doesn’t become ‘another private playground for the privileged and powerful’

Two golfers in Washington, D.C., sued the federal government on Friday to try to prevent the Trump administration from overhauling a more than 100-year-old public golf course, accusing the administration of violating environmental laws and polluting a park that is on the National Register of Historic Places. The suit is the latest in a series of legal […]

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