From the monthly archives: February 2017

Morning Grains. 02/28/17

On February 28, 2017 - 11:59 AM By

DJ USDA Grain Inspections for Export in Metric Tons – Feb 27
Source: USDA
COUNTRY OF DESTINATION IS REPORTED AS KNOWN AT THE TIME OF EXPORTATION.
INFORMATION CONTAINED IN THIS REPORT REFLECTS EXPORTED GRAIN INSPECTED AND
WEIGHED THROUGH GIPSA’S AUTHORITY UNDER THE U.S. GRAIN STANDARDS ACT.
NO ADDITIONAL ANALYSIS, COMPILATIONS […]

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Morning Softs. 02/28/17

On February 28, 2017 - 10:31 AM By

COTTON
General Comments: Cotton futures closed lower and near the lows of the day after an early push higher failed. The price action was disappointing and suggests that another leg lower is coming. Chart trends are mixed for now. US export demand remains solid at this time, and the report last week showed the […]

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AgMaster Report 02/28/17

On February 28, 2017 - 9:57 AM By

MAR SOYBEANS Mar Beans succumbed to bearish supply pressure from both hemispheres – as Brazil continues on a record pace & the USDA  AG OUTLOOK confirmed 4.6 MA more of US beans could be planted in 2017.  The result was new lows for the month of Feb & 18 cents lower on the week! FACTORS […]

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Sweet $60.00. The Energy Report 02/28/17

On February 28, 2017 - 9:52 AM By

Saudi Arabia has found its sweet spot for oil and that number is $60.00 a barrel per Reuters. That is a number the Saudis believe will allow them to prosper and not be high enough to make U.S. shale output a major threat. Saudi Ariba knows that while higher prices for oil will allow some […]

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The stock market will have challenges today to make a record 13 straight higher high with President Trump’s first address to Congress. Also that could pave the way to a correction are 4th Quarter GDP at 7:30 A.M., Chicago PMI and Consumer Confidence at 9:00. We will also have API Weekly Energy Stocks at 3:30 […]

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POST USDA AG OUTLOOK FORUM 02/27/17

On February 27, 2017 - 10:48 AM By

USDA made big acreage changes, but yearly stocks changes were small. Market analysis report from Senior Grain Strategist Jerry Gidel. View report by clicking here (PDF). Jerry Gidel 141 West Jackson Blvd., Suite 1340A, Chicago, Illinois 60604
312 264 4369 (Direct) | 800 769 7021 (Main) | 312 264 4399 (Fax)
www.pricegroup.com Member […]

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Morning Grains. 02/27/17

On February 27, 2017 - 10:46 AM By

Alerts History
• 24-Feb-2017 02:00:17 PM – U.S. FEB 1 ALL CATTLE ON FEED 101.0 PCT (TRADE ESTIMATE 100.7 PCT), JAN PLACED 111.0 PCT (TRADE ESTIMATE 111.1 PCT), JAN MARKETED 110.0 PCT (TRADE ESTIMATE 109.8 PCT)-USDA
U.S. monthly cattle on feed highlights – USDA – Reuters News
24-Feb-2017 02:00:17 PM
Feb […]

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OPEC chatter again sparks a rally

On February 27, 2017 - 10:13 AM By

[Daniel J. Graeber, UPI] Underneath the optimism is growing production and exports from the United States. Investors on Monday focused more on OPEC possibilities than real-time trends elsewhere to send crude oil prices sharply higher in early trading. Crude oil prices moved lower Friday after reports from the United States showed dramatic increases in oil […]

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Morning Softs. 02/27/17

On February 27, 2017 - 9:40 AM By

NWS ChicagoVerified account‏@NWSChicago 16h16 hours ago
Chicago’s about to do something it’s never done in 146 years of record keeping: go the entire months of Jan & Feb with no snow on the ground.
COTTON
General Comments: Cotton futures closed higher. USDA showed only a marginal increase in production on Friday despite […]

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Iran is up to their same old games writing checks they cannot cash even with all the gifts the last administration gave to them in order for them to play nice. It was more like extortion an there is no doubt they are stirring the pot attempting to change the balance power in the region […]

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Crude oil prices are rising even as oil rig counts grow to the highest levels since last April and U.S. production topped 9 million barrels a day. It seems that OPEC cuts and the lingering impact from major capX cuts is giving the market some support. As the Energy Report predicted, OPEC/non-OPEC compliance is at […]

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Morning Grains. 02/24/17

On February 24, 2017 - 10:40 AM By

Alerts History
• 24-Feb-2017 06:00:32 AM – USDA PROJECTS 2017/18 CORN CROP AT 14.065 BLN BUSHELS VS 15.148 BLN IN 2016/17
• 24-Feb-2017 06:00:54 AM – USDA PROJECTS 2017/18 CORN YIELD AT 170.7 BUSHELS/ACRE VS 174.6 IN 2016/17
• 24-Feb-2017 06:01:07 AM – USDA PROJECTS 2017/18 CORN ENDING STOCKS AT 2.215 BLN […]

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