Bloomberg - Sugar Rebounds as Industry Group Cuts Brazil Crop Forecast; Coffee Rises

By: Hector GalvanNovember 3rd, 2011 9:28AM CDT


“The report out of Brazil is helping support sugar, and I think the market may have gotten a little overdone with all the sell-offs we’ve had in the past 48 hours,” Hector Galvan, a senior trading adviser at RJO Futures in Chicago, said in a telephone interview.

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Hector Galvan
Hector Galvan
Senior Commodities Broker
After earning a bachelor's degree from the University of Illinois at Urbana-Champaign, Hector was encouraged by a relative at the Chicago Board of Trade to get involved in futures. Prior to RJO Futures, he was a broker at Lind-Waldock from 2002-2004. He is experienced in short-, medium- and long-term chart analysis, and uses his knowledge in moving averages, oscillators, market sentiments, money management, and pivot profits to assist clients. His advisory background includes Hightower, Helms, G.... Read More

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