Nice simple breakdown of 3 of our favorite softs – coffee, cocoa, and sugar – by the folks at Money Morning.
I did not realize the coffee harvest is looking so good – suppose that’s why coffee cannot break out of it’s range. Same with cocoa – I have been avoiding due to the sharp recent drops – it looks like cocoa has no business at these prices.
We’ll continue to keep a close eye on sugar prices – keep waiting for the next big sugar rally!
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