Jacks is an Old Softie! Softs Outlook with Jack Scoville! [PRICE Links Video] Recorded 1/30/2015 Learn More about the Rogers International Commodity Index® (RICI®) You can reach Phil Flynn at (888) 264-5665 or pflynn@pricegroup.com View All of the PRICE Links Videos The PRICE Links Video Series gives you access to the minds of the [...]

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Today is the Last Trading Day for the Feb HO, RBOB, Jan London Coffee & Feb MATIF Rapeseed.  We ask that you do not wait until the last minute to exit these markets. _____________________________________________________ Legend EH: Exchange Holidays | LT: Futures Last Trading Day | OE: Option Expiration Day FN: Futures First Notice Day | [...]

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Morning Grains 1/30/15

On January 30, 2015 - 9:11 AM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 113,056 lots, or 4.93 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest Mar-15 4,353 4,360 4,330 4,330 4,343 4,341 -2 30 130 May-15 4,355 4,386 4,340 4,349 4,371 4,366 -5 97,866 203,100 Jul-15 – – – 4,341 4,345 [...]

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Morning Softs 1/30/15

On January 30, 2015 - 8:43 AM By

COTTON General Comments: Futures closed slightly higher. The export sales reports for Upland Cotton have been very strong for the last two weeks, and the reports yesterday added to the strong of positive demand news. Ideas are that overall demand is starting to improve on the current low prices, with domestic mills more interested in [...]

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Alright sports fans get the votes ready for the override to the Emperors promise to veto this legislation only to cripple U.S. Oil Independence and National Security.  The pluses of this bill far outweigh the negative. The minus side is the danger it poses to the eco-system by having pipeline go through unpopulated farmland. My [...]

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Financials: Mar. Bonds are currently 18 higher at 150’31, 10 Yr. Notes 17 higher at 130’23 and 5 Yr. Notes 10 higher at 121’06.2. GDP was disappointing at +2.6% vs. an average estimate of +3.2%. Consumer spending was constructive showing an increase of 4.3%. We are currently short the 5 Yr. Notes from above the [...]

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Saudi Shake UP. The Energy Report 1/30/15

On January 30, 2015 - 7:40 AM By

Russia cut interest rates as Europe falls deeper into deflation and the New Saudi king shakes things up as oil prices continue to try for a bottom. Its the last day of the month so hedge funds that are massively short could take profits and try to ignore the world around them. Let us start [...]

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Tomorrow, Friday, January 30th is the First Notice Day for ALL the Feb Metals and Feb CBT Ethanol.  Anyone LONG any of the Feb Metals and CBT Ethanol that morning will be at risk of taking delivery.  To avoid this risk, please roll or liquidate ALL your Feb Metals & Ethanol LONG positions prior to [...]

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Morning Grains 1/29/15

On January 29, 2015 - 10:39 AM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 246,662 lots, or 10.77 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest Mar-15 4,350 4,367 4,307 4,354 4,375 4,343 -32 26 126 May-15 4,415 4,421 4,350 4,364 4,430 4,371 -59 212,272 209,296 Jul-15 4,349 4,349 4,339 4,339 4,396 [...]

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Morning Softs 1/29/15

On January 29, 2015 - 10:36 AM By

COTTON General Comments: Futures closed higher as some short covering was seen ahead of the USDA export sales reports today. The export sales reports for Upland Cotton have been very strong for the last two weeks. Ideas are that overall demand is starting to improve on the current low prices, with domestic mills more interested [...]

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Moming Zhou | Bloomberg Crude oil rebounded from the lowest level in almost six years on speculation stronger economic growth will spur energy demand. Prices gained as much as 1.4 percent in London and 1 percent in New York. U.S. jobless claims fell to a 15-year low, the Labor Department said. German unemployment slipped for [...]

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Reports this morning are Export Sales and Initial Jobless Claims at 7:30 A.M., EIA Gas Storage at 9:30 A.M. and Pending Home Sales at 11:00 A.M. The Crude Oil broke hard after the FED had spoken. Although it did hold the $44 level. If we break through that support level, “Katie bar the door”! In [...]

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