Tomorrow, Wednesday, July 29th is the Last Trading Day for ALL the July Metals and Aug Natural Gas.  We ask that you please do not wait until the last minute to exit these markets. Friday, July 31st is the First Notice Day for the Aug Soybean Soymeal, Soyoil, mini-Soybeans, Ethanol and ALL the Aug Metals [...]

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Morning Grains 7/28/15

On July 28, 2015 - 10:00 AM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 154,848 lots, or 6.38 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest Sep-15 4,013 4,064 3,975 4,064 4,044 4,028 -16 13,512 33,614 Nov-15 4,085 4,090 4,082 4,090 4,069 4,085 16 22 130 Jan-16 4,121 4,173 4,074 4,170 4,146 [...]

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Morning Softs 7/28/15

On July 28, 2015 - 9:57 AM By

COTTON General Comments: Futures were lower and began a new leg down on the charts. Weakness came from the move lower seen in the Chinese stock market. China has been a major buyer in world markets until the last couple of years, and ideas are that the economic problems there could hurt additional demand growth [...]

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The Stock Market rebounded and the Corn market did not unlike other Grains in the complex with Soybeans, Wheat and Oats trading higher. In the overnight electronic session the September Corn is currently trading at 372 which is 1 cent lower. The trading range has been 375 to 371 ½ so far. I do expect [...]

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Oil Prices are still under pressure after a volatile Chinese stock market trade and a big miss by BP. BP reported a loss of 5.8 billion dollars in the second quarter as oil prices plummeted and lost revenue due to maintenance in the Gulf of Mexico and a whopping 432 million dollar write-down due to [...]

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Equities lower as China slows.

On July 27, 2015 - 8:12 AM By

Financials: Sept. Bonds are currently 30 higher at 155’17, 10 Yr. Notes 9.5 higher at 127’00.5 and 5 Yr. Notes 5 higher at 119’18.5. German 10 Yr. Bunds are 24 higher at 154.09. “Risk off” has favored treasuries over the last few sessions as equities declined over Chinese slowdown and gov’t. backing off from support [...]

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In the overnight electronic session the September Corn is getting pasted currently trading at 381 which is 11 ½ cents lower. The trading range has been 389 ¼ to 380 ¼ so far. The weather we experiences in the Mid-west this weekend was a bearish factor. However, I anticipate this crop to be damaged and [...]

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The biggest drop in the Chinese stock market in 8 years is hurting the already battered commodity complex and is having larger ramifications across the energy sector. The Shanghai Composite Index slid 8.5%, its worst daily percentage fall since February 2007. This could add to more cuts in the energy industry as they try to [...]

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Wednesday, July 29th is the Last Trading Day for ALL the July Metals and Aug Natural Gas.  We ask that you please do not wait until the last minute to exit these markets. Friday, July 31st is the First Notice Day for the Aug Soybean Soymeal, Soyoil, mini-Soybeans, Ethanol and ALL the Aug Metals (Gold, [...]

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Morning Grains 7/24/15

On July 24, 2015 - 10:02 AM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 108,044 lots, or 4.49 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest Sep-15 4,059 4,080 4,035 4,061 4,032 4,058 26 10,754 34,794 Nov-15 4,066 4,110 4,066 4,075 4,056 4,087 31 26 154 Jan-16 4,151 4,187 4,137 4,163 4,133 [...]

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Morning Softs 7/24/15

On July 24, 2015 - 9:19 AM By

COTTON General Comments: Futures closed a little higher. Trading overall remains in a range. The US weather has improved and most areas should be in good condition. It has been hot in Texas, but crops there have seen some rains as well. Southeast and Delta areas have turned drier and this is good news for [...]

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The weak PMI reading from China will only reinforce negative sentiment towards commodities. Demand numbers could fall off the map which commodities are pricing in. Demand could pick up on further policy easing. Investors are also concerned about softer numbers in the euro-zone and is too soon the “all clear” on contagion risk from the [...]

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