The markets are acting like they lost their luster after too much sleep before the Fed announcement and the thrill is gone with euphoria while investors hurry up and wait like the U.S. Marines only to have the inevitable happen later or rather than sooner. There are gravestones and cemetery plots of the men and […]

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Saudi Arabia is making an incredible offer to try to close the deal on a production freeze at the meeting in Algiers. The word on the street is that Saudi Arabia is offering to cut its oil production if Iran agrees to freeze theirs. The key to any production freeze, once again, comes down to […]

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Myra P. Saefong, MarketWatch. One day major oil producers support a production cap, and the next day they don’t. Members of the Organization of the Petroleum Exporting Countries and Russia will meet on the sidelines of the International Energy Forum in Algeria on Sept. 28 and it could end just like the summit in Doha […]

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Morning Grains. 09/22/16

On September 22, 2016 - 10:20 AM By

DJ U.S. Export Sales: Weekly Sales Totals – Sep 22
For the week ended Sep 15, in thousand metric tons, except cotton in
thousand running bales. Net changes in commitments are gross sales,
less cancellations, buy-backs and other downward adjustments. Total
commitments are total export shipments plus total sales.
The […]

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Morning Softs. 09/22/16

On September 22, 2016 - 9:35 AM By

Alerts History
• 22-Sep-2016 04:42:40 AM – INDIA’S 2016/17 SUMMER-SOWN RICE OUTPUT SEEN AT RECORD 93.88 MILLION T- GOVT
• 22-Sep-2016 04:42:46 AM – INDIA’S 2016/17 SUMMER-SOWN TOTAL GRAINS SEEN AT RECORD 135.03 MILLION T – GOVT
• 22-Sep-2016 04:44:07 AM – INDIA’S 2016/17 SUMMER-SOWN CORN OUTPUT SEEN AT 19.30 MLN T […]

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Overshadowed. The Energy Report 09/22-16

On September 22, 2016 - 7:37 AM By

The oil market overshadowed the “transparent” Fed with a spectacular drawdown in crude oil inventory. Also signs that OPEC is close to a deal to freeze production and an oil worker strike in Norway all added up to a volitive day in energy. Despite the Fed rhetoric about making sure traders knew that this was […]

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The Fed kept rates in check but Janet Yellen offered some hawkish comments that Rates could be raised at the December FOMC meeting if they deem there is enough economic growth after the election and be a Scrooge. We will need fantastic Jobs, GDP and Manufacturing data for this to be a good move. In […]

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AgMaster Report 9/21/16

On September 21, 2016 - 2:53 PM By

Written 9/19/16 NOV SOYBEANS Since Aug 1,the USDA has issued two crop estimates – 4.06BB & 4.20BB! In mid-Aug, the Pro Farmer Tour predicted a 4.09 BB crop! So there you have it! 4.0 – 4.2BB – a range the mkt has traded on for 6 weeks! Based on early yield reports & typical harvest […]

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Morning Grains. 09/21/16

On September 21, 2016 - 10:22 AM By

WHEAT
General Comments: Wheat closed a little higher in sympathy with the rallies in Corn and Soybeans. Minneapolis closed lower due to the increased Canadian production estimates from StatsCan. However, the estimate was model based and not survey based and could change quite a bit once the harvest is complete. Plus, there is talk […]

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As a reminder….Today is the Last trading Day for the September 30Yr Bonds, 10Yr Notes & ULTRA Bonds.  These products stop trading at 12pm Chicago time. We ask that you do not wait until the last minute to exit these markets.

A Subsidiary of Price Holdings, Inc. – an Employee […]

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Morning Softs. 09/21/16

On September 21, 2016 - 9:33 AM By

COTTON
General Comments: Cotton futures closed higher as more rain is forecast for production areas that could cause harvest delays. Harvest progress has been slow, but there is time as just half of the bolls are now open. The forecasts implied that the harvest will stay slow and also that there could be some […]

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Bank of Japan kept rates steady but launched a 10 year interest rate targeting inflation which gave strength to the stock market. If the FED throws a surprise party and announces a rate increase we could see some exorbitant volatile price swings. Another headline in the markets yesterday Russia’s permanent representative to OPEC Vladimir Voronkov […]

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