The following CME Group margins are changing at the close of business today: For additional Performance Bond Requirements on Agriculture, Electricity, Environmental, Equity Index, Ethanol, Metals, and Natural Gas Outrights; Agriculture, Crude Oil, Ethanol, and Interest Rates Intra-Commodity Spread Charges, go to: http://www.cmegroup.com/tools-information/lookups/advisories/clearing/files/Chadv15-139.pdf _____________________________________________________ Legend EH: Exchange Holidays | LT: Futures Last Trading Day | [...]

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Wednesday, May 27th is the Last Trading Day for ALL the May Metals (GC, SI, HG, PL, PA, MG, YG, YI, ZG, ZI).  It is also the Last Trading Day for the June Natural Gas in NY. The June Nat Gas stops trading at 1:30pm Chicago time.  The May Metals stop trading at their normal [...]

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Morning Grains 5/22/15

On May 22, 2015 - 11:13 AM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 117,382 lots, or 5.07 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest Jul-15 4,225 4,280 4,184 4,279 4,229 4,257 28 22 20 Sep-15 4,295 4,328 4,275 4,295 4,295 4,305 10 100,330 140,030 Nov-15 – – – 4,369 4,359 [...]

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CBS Chicago | You’ll find you’re paying more for gasoline when you hit the road this holiday weekend. You’ll also find more of something else during your travels, CBS 2’s Jeremy Ross reports. Regular unleaded is $3.04 a gallon in Chicagoland. The national average is $2.73, according to AAA Motor Club. The cost, of course, [...]

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Morning Softs 5/22/15

On May 22, 2015 - 9:59 AM By

COTTON General Comments: Futures closed lower after failing to penetrate the highs of Wednesday. The US economic news was positive, but export sales were just solid and not super strong. Short term trends have turned down as the US crop gets planted. However, planting progress will be slow as rains are expected to return to [...]

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Ultra Bears missed out on the biggest string of gains in the history of the oil market, or at least since 1983 when they  began keeping records. The reason they missed out was failing to understand the gravity that the last November oil price crash had on the fundamentals of this market. That price crash [...]

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By Barani Krishnan | Reuters Oil prices jumped more than 2 percent on Thursday, giving Brent its biggest rally in more than a week, as draws reported in the Cushing delivery point for U.S. crude futures boosted optimism that a supply glut was easing. Fighting in Iraq that raised worries about the security of Middle East oil shipments also [...]

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By MARK SHENK | Bloomberg Oil climbed after U.S. crude stockpiles dropped, as refineries bolstered operating rates. Crude inventories declined 2.67 MMbbl last week, according to the Energy Information Administration. Refinery operating rates rose for the third time in four weeks. Gasoline supplies unexpectedly fell ahead of the Memorial Day holiday, which heralds the start [...]

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The following ICE US margins are changing at the open of business Thursday: A complete grid of margin rates for all ICE Futures U.S. Agricultural and Financial Products is available on our web page @ www.theice.com _____________________________________________________ Legend EH: Exchange Holidays | LT: Futures Last Trading Day | OE: Option Expiration Day FN: Futures First [...]

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Morning Grains 5/21/15

On May 21, 2015 - 10:20 AM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 117,382 lots, or 5.07 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest Jul-15 4,225 4,280 4,184 4,279 4,229 4,257 28 22 20 Sep-15 4,295 4,328 4,275 4,295 4,295 4,305 10 100,330 140,030 Nov-15 – – – 4,369 4,359 [...]

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Morning Softs 5/21/15

On May 21, 2015 - 10:00 AM By

COTTON General Comments: Futures closed little changed after trading both sides of unchanged. The US economic news was positive, but the US Dollar was higher and hurt export demand ideas. Short term trends have turned down as the US crop gets planted. However, planting progress will be slow as rains are expected to return to [...]

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In the overnight electronic session the July Corn is currently trading at 361 ¾ which is 1 ¾ of a cent higher. The trading range has been 363 ¼ to 359 ¾ so far. The market seems to be in short covering mode as we head into the Memorial Day weekend. With the dollar coming [...]

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