SOFTS

Cocoa

Cocoa

Cocoa has a long history going back to the Aztec civilization, when it was usually served as a drink to the court. Later, in 1828 it went through a transformation, when liquid coca butter could be pressed out of cocoa beans and then mixed with sugar to form chocolate. Cocoa trees grow well in tropical regions, especially near the equator. Because weather conditions, disease and insects can have a strong influence on cocoa, prices are subject to sudden moves, thus cocoa futures are very important for market participants, hedgers.

Contract Size 10 tons
Exchange InterContinental Exchange (ICE)
Price Quote USD price of 1 ton
Ticker Symbol CC
Details Contract specifications
Cotton

Cotton

In its 3,500- year history, cotton has been in the global marketplace. Cotton changed world trade after the invention of spinning jenny, spinning machine, and steam engine. Anywhere where there is basic water supply and 200 frost-free days a year, cotton will grow. cotton futures are a favorite among individual traders, because cotton futures prices are prone to sudden moves, but they are also a risk-management tool for farmers and companies that need cotton for their production.

Contract Size 50,000 lbs.
Exchange InterContinental Exchange (ICE)
Price Quote USD price of 1 lbs.
Ticker Symbol CT
Details Contract specifications
Coffee

Coffee

Coffee has been one of the most important commodities over the course of its 2,000 years history. Before becoming popular in Europe in the 17th century, coffee was mainly found in the Arabian peninsula. According to 2005 figures, it is the fifth largest agricultural export by value. Greatest producers are Brazil, Vietnam, Indonesia and Colombia. It has two major types, Robusta and Arabica. ICE exchange in New York trades Arabica, while LIFFE in London trades Robusta futures.

Contract Size 37,500 lbs.
Exchange InterContinental Exchange (ICE)
Price Quote USD price of 1 lbs.
Ticker Symbol KC
Details Contract specifications
Sugar

Sugar

74% of the 100 countries that produce sugar make sugar from sugar cane grown primarily in the tropical and sub-tropical zones of the southern hemisphere. Currently, 70% of the world's sugar is consumed in the country of origin the rest is traded on world markets. Because of the residual nature of the world market, the free market price is one of the most volatile of all commodity prices.

Contract Size 112,000 lbs.
Exchange InterContinental Exchange (ICE)
Price Quote USD price of 1 lbs.
Ticker Symbol SB
Details Contract specifications
Orange Juice

Orange Juice

For centuries, oranges were consumed as fresh fruit, but after 1947, when the process of making frozen concentrated orange juice (FCOJ) was invented in Florida, consumers quickly substituted FCOJ for fresh oranges. Today, over 70% of the oranges harvested in the U.S. are processed for orange juice. Brazil, which accounts for 80% of the frozen orange juice concentrate export market, dominates world trade in FCOJ. The sensitivity to weather factors combined with a competitive global beverage market makes the price of FCOJ extremely volatile.

Contract Size 15,000 lbs.
Exchange InterContinental Exchange (ICE)
Price Quote USD price of 1 lbs.
Ticker Symbol OJ
Details Contract specifications
Lumber

Lumber

Before 1969, when the Chicago Mercantile Exchange listed random length lumber futures contracts, the forest product industry had no means of risk-management against highly volatile lumber prices. The futures contract calls for on-track mill delivery of random length 8-20 ft. nominal 2 x 4s. Primary species of lumber are Western Spruce-Pine-Fir, although other Western species -- such as Hem-fir, Englemann Spruce, Alpine Fir, and Lodgepole Pine -- may also be delivered.

Contract Size 110,000 board feet
Exchange Chicago Mercantile Exchange (CME)
Price Quote USD price of 1 board feet
Ticker Symbol LB
Details Contract specifications
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