The follow-through from Wednesday’s dovish FED statement just proves you can’t confuse brains with a bull market in which everybody’s money is in stocks. But when will the party end? I know one thing for sure we are not far away from closing time. In the overnight electronic session the March Corn is currently trading [...]

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Financials: Mar. Bonds are currently unchanged at 143’24, 10 Yr. Notes 3.5 higher at 126’19 and the 5 Yr. Note 3 higher at 118’27.5. All I can do is plant an idea on these markets. I feel that the yield curve is about to steepen and am going to be focusing on the long 10 [...]

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Oil fails to hold a rally as Russian president Vladimir Putin says get ready for $40 a barrel oil and oil traders did. Putin in his marathon press conference yesterday that left many wondering what is less stable, Putin or the Russian economy?  The President stayed defiant against the West as the Russian economy continues [...]

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  Behind The Scenes With Fox Business Network Producer Ellie Heckman! [PRICE Links Video] Recorded 12/18/14 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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Tomorrow, Fri Dec 19th is the Last Trading Day for the Jan Crude Oil LT in NY, Dec 30Yr Bonds, Dec 10Yr Notes, Dec Ultra Bonds and Dec Single Stock Futures.  The Dec 30Yr Bonds, 10Yr Notes & Ultra Bonds stop trading at 12pm CST tomorrow.  The other markets stop trading at their normal time.  [...]

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By Moming Zhou | BloombergBusinessweek Crude oil resumed its slide toward the lowest level in five years on concern a supply glut will worsen. Trading volatility for both Brent and West Texas Intermediate increased to a four-year high. Saudi Arabia, the largest producer in OPEC, will stick to its policy to maintain output, Oil Minister [...]

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By Oheneba Ama Nti Osei | The Africa Report The Africa Report reviews trends in the commodity sector to see which prices will rise and fall in the year ahead, as forecasts point to a global oil surplus. The price of oil in 2015 depends on how high the US can ramp up its shale [...]

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  The following CME margins are changing with the close of business December 17, 2014: _____________________________________________________ Legend EH: Exchange Holidays | LT: Futures Last Trading Day | OE: Option Expiration Day FN: Futures First Notice Day | LN: Futures Last Notice Day | FD: Futures First Delivery Date LD: Futures Last Delivery Date _____________________________________________________ A [...]

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Morning Grains 12/18/14

On December 18, 2014 - 10:49 AM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 112,562 lots, or 4.92 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest Jan-15 4,619 4,653 4,614 4,625 4,619 4,624 5 20,980 111,012 Mar-15 4,357 4,357 4,313 4,342 4,336 4,338 2 10 120 May-15 4,313 4,326 4,287 4,313 4,317 [...]

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Morning Softs 12/18/14

On December 18, 2014 - 10:46 AM By

COTTON General Comments: Futures were higher on short covering that seemed related to the rally in petroleum futures. However, prices overall held the range. It is still posible that a seasonal low is being made, but there remain few reasons to expect a big bull market to begin in the near future. Better US economic [...]

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Financials: Mar. Bonds are currently 27 lower at 143’28, the 10 Yr. Note 16.5 lower at 126’17 and the 5Yr. 8.2 lower at 118’22.7. Yesterday the FOMC indicated the there will be no changes until after April 2015. The initial reaction was a rally, in the June 2016 Eurodollar to 98.79 missing our target of [...]

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This morning’s reports are Export Sales and Initial Jobless Claims at 7:30 A.M. and EIA Gas Storage at 9:30 A.M. The Fed stated patience is a virtue and hinted there would be no Interest Rate rise likely until sometime in the 2nd quarter of 2015 which sent the Stock Market soaring and you could even [...]

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