From the daily archives: Monday, March 13, 2017

AgMaster Report 03/13/17

On March 13, 2017 - 2:53 PM By

MAY SOYBEANS All week, May Beans was completely focused on the Mar 9 Report & the expectation it would ramp up the SA crops!  Indeed, it did – increasing Brazilian Beans by 4 MA & Brazilian Corn by 5MA.  This coupled with waning exports & a plummeting crude oil mkt – all contributed to a […]

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[Ben Sharples and Jessica Summers, Bloomberg]
Oil hovered near $49 a barrel as U.S. drillers boosted activity, countering OPEC’s efforts to help reduce a global glut. Futures were little changed in New York after falling 9.1 percent last week, the biggest weekly loss since November. Rigs targeting crude in the U.S. rose to the […]

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Morning Grains. 03/13/17

On March 13, 2017 - 10:50 AM By

DJ CBOT Delivery Intentions: Totals – Mar 13
Source: CME Group
Contract Quantity Next Trade
Commodity Month Delivery Day Assigned Today Date Available
SOYBEAN MEAL March Mar. 14, 2017 90 Mar 09, 2017
SOYBEAN OIL March Mar. 14, 2017 209 Mar 10, 2017
ROUGH RICE March Mar. 14, 2017 […]

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Morning Softs. 03/13/17

On March 13, 2017 - 10:46 AM By

COTTON
General Comments: Cotton futures closed lower on Friday on some long liquidation from speculators. Futures closed about unchanged for the week. USDA raised export demand and cut US ending stocks more than most trade expectations in its supply and demand updates on Thursday. However, it narrowed the top end of the farm price […]

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Old Man Winter reminded us spring is still officially one week away and he will have the last laugh. This will be a busy week starting with Export Inspections today and the FOMC Meeting Tuesday and Wednesday. Also on Wednesday the 15th we have economic data released at 7:30 A.M. before the FED announces if […]

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Crude oil futures are still reeling from last week’s massive crude oil build and another jump in U.S. rig counts. It was a double eight as oil rigs increased by eight and the eighth week in a row that the rig count has risen. What is interesting though is that there we were no rigs […]

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