Morning Grains 3/30/15

On March 30, 2015 - 10:35 AM By

DJ Survey: 2015 U.S. Grain, Soybean Planting CHICAGO–The following are analysts’ estimates, in millions of acres, for U.S. grain and soybean planting, as compiled by The Wall Street Journal. The U.S. Department of Agriculture is scheduled to release updated tables at noon ET on Tuesday. U.S. Grain, Soybean Planting (million acres) Average Range USDA 2014 [...]

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PRICE Links Video Series Access commentaries by the industry’s top market analysts straight from the floor of the CME Group. Hosted by PRICE Futures Group’s Senior Analyst Phil Flynn. USDA Planting Intentions Preview with Jack Scoville! PRICE Futures Group’s Senior Analyst Phil Flynn discusses expectations on Tuesday’s Planting Intentions Report with Grains and Softs analyst [...]

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RECORDER REPORT | Business Recorder via Reuters | Hedge funds and other big speculators in oil have cut their bullish wagers on US crude to December lows, data showed on Friday, signalling the possibility of more pain for oil prices after last month’s rebound. US West Intermediate (WTI) crude has risen nearly 15 percent since the [...]

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Tomorrow, Tues, March 31st is the First Notice Day for ALL the April Metals (Gold, Silver, Copper, Platinum, Palladium, mini-Gold, mini-Silver, eMicro Gold).   Anyone who is LONG any of the April Metals on Tues morning will be at risk of taking delivery.  To avoid the risk, we ask that you please roll or liquidate ALL [...]

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Morning Softs 3/30/15

On March 30, 2015 - 9:40 AM By

COTTON General Comments: Prices were a Little higher as traders get ready for the USDA planting intentions reports tomorrow. Another positive export sales report last week provided a reason to support prices. Demand in the last couple of months has been much improved from what was seen at the start of the marketing year. The [...]

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This morning at 7:30 we Personal  Income and at 10:00 weekly Export Inspections. Tuesday we have Chicago PMI and Consumer Confidence at 9:00 and at 11:00 we have huge Grain Socks and Prospective Plantings data that has traders awestruck at the moment and finally API Energy Stocks at 3:30 P.M. Wednesday April 1st we have [...]

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Financials: June Bonds are currently 13 lower at 164’00, 10 Yr. Notes 4 lower at 128’18 and 5 Yr. Notes 1 lower at 120’00. The prospect of some easing of the tensions and progress with Iran over nuclear armaments has eased some of the safety factor on the interest rate markets. Last Thursday we recommended [...]

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Still Talking. The Energy Report 3/30/15

On March 30, 2015 - 8:00 AM By

Iran talks continue giving bear oil traders an edge as a lifting of sanctions is perceived as adding to a global oil glut. Even as reports surface that Iran is saying now that they will not ship atomic fuel out of their country, a key part of the overall agreement, the talks continue ahead of [...]

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Liquid Gold. The DRY HEAT Report 3/30/15

On March 30, 2015 - 7:57 AM By

The feuds over California water have been going on for a hundred years and have only escalated with the onset of 4 years of drought. Western Growers estimates that last year 500,000 acres of farmland were left fallow and that number will likely increase by 40% this year. Governor Jerry Brown has announced a $1 [...]

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By The Associated Press via ABC News | The price of oil rose sharply on Thursday as mounting tensions in Yemen got traders worried that the flow of crude from the Persian Gulf region could be disrupted. Saudi Arabia and other Gulf states launched strikes on key military installations in Yemen. They aim to oust Shiite [...]

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Today is the Last Trading Day for ALL the March Metals (Gold, Silver, Copper, Platinum, Palladium, mini-Gold, mini-Silver, eMicro Gold).   Today 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. Tues, March 31st [...]

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The gains in the grains momentum has slowed down for now. Export Sales were not as attractive as they were last week.  Also iffy global economic data is contributing to the negative sentiment. In the overnight electronic session the May Corn is currently trading at 389 33/4 which is 1 ½ of a cent lower. [...]

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