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. GRAIN DRAIN! With Jack Scoville. PRICE Futures Group’s Senior Analyst Phil Flynn discusses this week’s factors affecting the Grain and Softs markets with Jack Scoville, Sr. [...]

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Morning Grains 4/24/15

On April 24, 2015 - 10:29 AM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 281,446 lots, or 11.78 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest May-15 4,016 4,072 4,005 4,059 4,001 4,035 34 23,966 46,486 Jul-15 4,050 4,121 4,050 4,078 4,057 4,086 29 18 26 Sep-15 4,168 4,218 4,152 4,217 4,151 [...]

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Tues, April 28th is the Last Trading Day for ALL the Apr Metals (Gold, Silver, Copper, mini Gold, mini Silver, Platinum, Palladium & EMICR Gold).  It is also the Last Trading Day for the May Natural Gas in NY.   We ask that you please do not wait until the last minute to exit these positions. [...]

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The following CME Group margins are changing at the close of business Fri Apr 24: For additional Performance Bond Requirements on Agriculture, Crude Oil Storage, Electricity, FX, and Natural Gas Outrights; Refined Product Inter-Commodity Spread Credits; Energy, Metals, and Equity Volatility Scans and Short Option Minimum Charges, go to: http://www.cmegroup.com/tools-information/lookups/advisories/clearing/files/Chadv15-114.pdf _____________________________________________________ Legend EH: Exchange Holidays [...]

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By Lynn Doan and Dan Murtaugh | BloombergBusiness Oil needs to recover to $65 a barrel for U.S. drillers to tap a pent-up supply locked in shale wells and unleash more crude on markets than is produced by Libya. Dipping into this “fracklog” would add an extra 500,000 barrels a day of oil into the [...]

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Morning Softs 4/24/15

On April 24, 2015 - 10:05 AM By

COTTON General Comments: US prices were higher after the stronger tan expected export sales last week as reported by USDA. The weather has also become a force for potentially higher prices. It has been too dry in the Texas Panhandle. Drier and cooler conditions are expected in the Delta and Southeast this week. Demand remains [...]

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Oil “Ultra-Bears” are shocked by oils recent strength but if you look at history they really should not be. While many traders last November would not have expected a price in oil, the bearish calls after the crash failed to take into account that crashing oil prices have consequences. The old adage proves true, that low [...]

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By Mark Shenk | BloombergBusiness Crude climbed to a four-month high after Saudi Arabia renewed its aerial assault on Shiite rebels in Yemen, bolstering concerns that Middle Eastern oil shipments may be disrupted. Futures rose 2.8 percent in New York and 3.4 percent in London as the Saudi-led raids marked an escalation of the civil [...]

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  The following ICE Futures US margins are changing at the open of business 4/23     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 [...]

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Morning Grains 4/23/15

On April 23, 2015 - 10:15 AM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 225,446 lots, or 9.33 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest May-15 4,030 4,040 3,978 4,008 3,962 4,001 39 28,136 50,882 Jul-15 4,070 4,070 4,036 4,036 3,994 4,057 63 6 28 Sep-15 4,152 4,179 4,124 4,154 4,108 [...]

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Morning Softs 4/23/15

On April 23, 2015 - 10:11 AM By

COTTON General Comments: US prices were mixed in quiet trading. The economic news in the US was good, but the export demand ideas remain bad. It has been too dry in the Texas Panhandle. Drier and cooler conditions are expected in the Delta and Southeast this week. Demand remains a big problem as China holds [...]

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In the overnight electronic session the May Corn is currently trading at 373 ½ which is 1 cent higher at this writing. The trading range has been 373 ½ to 371 ¾ so far. I believe with all the bearish news we have been realizing the market is trying to find some legs. The bearish [...]

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