Tomorrow, Friday, March 27th is the Last Trading Day for ALL the March Metals (Gold, Silver, Copper, Platinum, Palladium, mini-Gold, mini-Silver, eMicro Gold).   Friday is also the Last Trading Day for the April Natural Gas in NY.  We ask that you please do not wait until the last minute to exit these markets listed above. [...]

Continue Reading

Morning Grains 3/26/15

On March 26, 2015 - 10:16 AM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 328,974 lots, or 13.43 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest May-15 4,074 4,090 4,004 4,060 4,109 4,044 -65 219,736 187,800 Jul-15 – – – 4,104 4,104 4,104 0 0 8 Sep-15 4,135 4,163 4,122 4,152 4,172 [...]

Continue Reading

Morning Softs 3/26/15

On March 26, 2015 - 10:08 AM By

COTTON General Comments: Prices were lower on ideas of ample old crop supplies. The ideas gained ground due to the USDA reports that showed more Cotton being processed that last year. The total Cotton ginned last year was 16.3 million bales. Demand in the last couple of months has been much improved from what was [...]

Continue Reading

Financials: June Bonds are currently unchanged at 164’17, 10 Yr. Notes unchanged at 128’26 and 5 Yr. Notes up 1 at 120’01. Islamic nations instability, air strikes in Yemen and Tikrit (Iraq) pushed Bonds higher overnight before retreating to present levels. Yesterday’s 2 and 5 Yr. auctions were not well received causing the rates to [...]

Continue Reading

Remember those predictions of $20 a barrel oil and $10 a barrel oil? Forget about it! Oil prices have turned the corner after Saudi Arabia launched airstrikes against Iranian backed Shiite rebels putting about 3.5 million barrels of oil exports at risk. Remember hopes that we would get a deal to lift sanctions on Iran [...]

Continue Reading

Morning Grains 3/25/15

On March 25, 2015 - 12:09 PM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 216,098 lots, or 8.93 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest May-15 4,161 4,161 4,070 4,074 4,151 4,109 -42 139,516 180,834 Jul-15 4,067 4,148 4,067 4,098 4,223 4,104 -119 6 8 Sep-15 4,203 4,212 4,143 4,145 4,195 [...]

Continue Reading

Morning Softs 3/25/15

On March 25, 2015 - 9:48 AM By

COTTON General Comments: Prices were mixed to a little higher. Nearby months were a little lower as the US Dollar turned a little higher Demand in the last couple of months has been much improved from what was seen at the start of the marketing year, and China has been a relatively active buyer during [...]

Continue Reading

Oil is dollar dazed and confused as it tries to determine whether it should focus on current oversupply, the dollar, or the prospect of better demand in Europe after more strong data out of Germany. Brent crude has additional challenges as it tries to assess rising geo-political risk. The latest worry is the President of [...]

Continue Reading

Morning Grains 3/24/15

On March 24, 2015 - 11:09 AM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 243,610 lots, or 10.17 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest May-15 4,166 4,191 4,111 4,161 4,179 4,151 -28 134,338 173,996 Jul-15 – – – 4,223 4,223 4,223 0 0 8 Sep-15 4,214 4,236 4,147 4,212 4,219 [...]

Continue Reading

Morning Softs 3/24/15

On March 24, 2015 - 9:27 AM By

COTTON General Comments: Prices were higher as the US Dollar moved lower. Ideas are that the lower US Dollar can create new demand. The biggest buyer in the world is China, and they are trying to reduce their own huge government stockpiles, so the demand boost from the cheaper US Dollar might not be all [...]

Continue Reading

Ultra bears are starting to change their tune on oil as weak Chinese manufacturing data and strong manufacturing data in Germany both point to better demand. China’s demand may rise as the Chinese government will be forced to act swiftly to reach their growth target and should soon add stimulus increasing oil demand. Factory activity [...]

Continue Reading

Morning Grains 3/23/15

On March 23, 2015 - 10:34 AM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 90,474 lots, or 3.80 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest May-15 4,175 4,197 4,160 4,164 4,168 4,179 11 55,042 174,834 Jul-15 4,223 4,223 4,223 4,223 4,216 4,223 7 2 8 Sep-15 4,206 4,232 4,200 4,210 4,205 [...]

Continue Reading