From the daily archives: Tuesday, March 14, 2017

[Daniel J. Graeber, UPI] Brent crude oil could drop back under $50 per barrel and erase some of the gains for the year. Oil prices moved lower Tuesday, with the price for Brent threatening to break under $50 per barrel after OPEC revealed data on production cut compliance. Crude oil prices traded in a narrow […]

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Morning Grains. 03/14/17

On March 14, 2017 - 10:26 AM By

DJ CBOT Delivery Intentions: Totals – Mar 14
Source: CME Group
Contract Quantity Next Trade
Commodity Month Delivery Day Assigned Today Date Available
SOYBEAN MEAL March Mar. 15, 2017 48 Mar 13, 2017
SOYBEAN OIL March Mar. 15, 2017 82 Mar 13, 2017
ROUGH RICE March Mar. 15, 2017 […]

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Morning Softs. 03/14/17

On March 14, 2017 - 9:41 AM By

COTTON
General Comments: Cotton futures closed lower again yesterday on follow through long liquidation from speculators. Futures continue to leak lower and could continue the short term move down after a rally that has been underway for several months. However, longer term trends still appear to be up and the market should have good […]

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The New York Stock Exchange will have normal trading hours and the FOMC Meeting will go on as regularly schedule despite the weather. On the Grain front the NOPA Soy Crush due out tomorrow at 11:00 A.M. Soy Stocks as of February 28th would come in at 1.747 billion Lbs. up from 1.629 at the […]

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Snow Job. The Energy Report 03/14/17

On March 14, 2017 - 7:57 AM By

A OPEC snow Job! What is Saudi Production! Oil prices thwarted an early morning recovery on a private report that put Saudi oil production above 10 million barrels a day. Not so according to the Official OPEC data that said that  said its production decreased 139,500 barrels a day in February, to average 31.96 million […]

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Oil Futures End Down

On March 14, 2017 - 6:47 AM By

[George Orwell, DTN] New York Mercantile Exchange oil futures settled lower Monday afternoon, with West Texas Intermediate edging down for its sixth consecutive session decline to a fresh 3-1/2 month low on the spot continuous chart. ULSD futures also settled at a fresh 3-1/2 month low, ending down fractionally, while RBOB futures lost the most […]

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