NIB News and Press, iPath Bloomberg Cocoa Subindex Total Return SM IndexETN From 11/14/19

Since the turn of this century, the price range in the cocoa futures market has been from $674 to $3826 per ton. At the $2500 level on November 11, the price of the primary ingredient in chocolate confectionery products is above the midpoints. When it comes to the demand side of the fundamen...

On Friday, November 8, at noon EST, the US Department of Agriculture released its November World Agricultural Supply and Demand Estimates report. The monthly WASDE is the gold-standard when it comes to supply and demand data for the markets that feed and clothe the world. The November WASDE ...

Cocoa beans are the primary ingredient in chocolate confectionery products around the world. The demand side of the equation for chocolate and cocoa products is ubiquitous and rising with the global population. Meanwhile, supplies come from areas of the world where the climate supports growt...

The agricultural sector has had a rough time since 2018. The trade war and a strong dollar have caused the prices of most agricultural commodities to move lower. Meanwhile, it has not helped that supplies have been sufficient to meet global requirements. The United States is the world's leadin...

Despite China's pledge to buy more U.S. farm products, the commitment is clouded by uncertainty over how much, the time frame for purchases and what the U.S. may need to give in return, WSJ reports. More news on: Invesco DB Agriculture ETF, iPath Series B Bloomberg Coffee Subindex Tota...

The Ivory Coast and Ghana are the world's leading producers of the primary ingredient in chocolate confectionery products. Cocoa beans thrive in equatorial climates. The two countries have been working together to establish a minimum price for cocoa beans, which is the main crop of the nations...

On Thursday, October 10, the USDA will release its October World Agricultural Supply and Demand Estimates report. The October report comes during the height of the harvest season in the US. At the same time, it is now the planting season in the southern hemisphere. The WASDE report is the go...

A strong dollar and the ongoing trade war between the US and China have caused weakness in the leading grain futures market since 2018. Last week, the dollar index made a new high on the December futures contract. On the trade front, while negotiations between the US and China continue, there ...

Soft commodities can be the most volatile sector of the commodities market as prices routinely double, triple, or halve in value during their pricing cycles. The path of least resistance for the prices of luxury commodities is a function of the weather and crop diseases in the critical growing...

Cocoa has been a great market for those market participants that have bought scale-down during price corrections and sold scale-up on recoveries. The world's leading cocoa-producing nations are the Ivory Coast and Ghana. The weather conditions and climate in West Africa are ideal for growing t...