From the monthly archives: March 2017

[PRICE Links Video] Phil Flynn talks Options with Alan Knuckman of Bullseyeoptions.com. Listen to them discuss the recent volume growth in stock, futures, and ETF options, volatility, and various options strategies that work in today’s market environment. Futures and options trading involves substantial risk of loss and may not be suitable for everyone.
The […]

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Morning Grains 03/31/17

On March 31, 2017 - 11:03 AM By

DJ Survey: Mar. 1 Quarterly Grain, Soybean Stockpiles Estimates
CHICAGO–The following are analysts’ estimates in millions of bushels for March 1 quarterly U.S. grain and soybean stockpiles, as compiled by The Wall Street Journal. The U.S. Department of Agriculture is scheduled to release updated tables at noon ET on Friday.
U.S. Stockpiles on […]

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Morning Softs 3/31/17

On March 31, 2017 - 11:01 AM By

Price Group Estimates of Major U.S. Planting Levels*
USDA Ag Forum Price Change
15/16 16/17 17/18 E- 17/18 vs. 2015/16 Corn 88.00 94.00 90.00 90.28 -3.724
Beans 82.65 83.43 88.00 88.30 4.867
Sprg Wht 13.37 11.61 11.52 11.35 -0.255
Durum 1.95 2.41 2.10 2.08 -0.337
Winter 39.68 36.14 32.38 […]

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Today the long awaited Planting Intentions and Grain Stocks report will be released at 11:00 A.M. Bur before that drama we have Personal Income at 7:30 A.M. and Chicago Purchasing Managers Index at 9:00 A.M. Also let’s throw in the Brexit issue with EU boss Jean-Claude Junker threatening to break up the U.S.A. over their […]

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The following  CME Group margins are changing at the close of business today:
 

 
For a complete listing of CME Group Performance Bond requirements on Metals Margins, go to:
 
http://www.cmegroup.com/notices/clearing/2017/03
_____________________________________________________ Legend
EH: Exchange Holidays | LT: Futures Last Trading Day | OE: Option […]

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Crude oil came in like a lamb, can it go out like a lion? Oil prices closed back above $50 a barrel, potentially negating the downside break down we saw in early March. The breakdown happened because of a shocking increase in oil supply and is coming back because action by the OPEC cartel may […]

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Oil Futures Settle About $50

On March 31, 2017 - 7:07 AM By

[George Orwell, DTN Energy Reporter] New York Mercantile Exchange spot-month oil futures advanced for the third straight day Thursday afternoon, with nearest delivered West Texas Intermediate crude futures settling above the $50-per-barrel (bbl) mark for the first time in three weeks on light volume follow-through trade from Wednesday’s rally. Thursday’s rally was also linked to […]

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Morning Grains 03/30/17

On March 31, 2017 - 7:04 AM By

DJ Survey: Mar. 1 Quarterly Grain, Soybean Stockpiles Estimates
CHICAGO–The following are analysts’ estimates in millions of bushels for March 1 quarterly U.S. grain and soybean stockpiles, as compiled by The Wall Street Journal. The U.S. Department of Agriculture is scheduled to release updated tables at noon ET on Friday.
U.S. Stockpiles on […]

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Morning Softs 03/30/17

On March 31, 2017 - 7:02 AM By

Price Group Estimates of Major U.S. Planting Levels*
USDA Ag Forum Price Change
15/16 16/17 17/18 E- 17/18 vs. 2015/16 Corn 88.00 94.00 90.00 90.28 -3.724
Beans 82.65 83.43 88.00 88.30 4.867
Sprg Wht 13.37 11.61 11.52 11.35 -0.255
Durum 1.95 2.41 2.10 2.08 -0.337
Winter 39.68 36.14 32.38 […]

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Is the Natural Gas rally Seward’s Folly or is it sustainable here in shoulder season heading into summertime months. This morning we have the weekly EIA Gas Storage report and the Thomson Reuters poll with 20 market analysts predict draws anywhere from 28 to 55 bcf which compares to last week’s draw of 150 bcf, […]

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RBOB gas futures were rip roaring, driving ethanol and crude along with it after the Energy Information Administration(EIA) reported a 3.7 million barrel drop in crude oil supply and another surge higher in refinery runs operating at 89.3%. Crude supply did hit another record but I am no longer a lone voice in the wilderness […]

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[Myra Saefong, MarketWatch] Disruptions in Libya add further support to oil. Oil prices rallied Wednesday, settling at their highest level in roughly three weeks after data from the Energy Information Administration showed a weekly rise in U.S. crude inventories that was below some market forecasts, along with bigger-than-expected declines in gasoline and distillate stockpiles. Disruptions […]

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