From the daily archives: Tuesday, March 21, 2017

Morning Grains. 03/21/17

On March 21, 2017 - 10:33 AM By

DJ USDA Grain Inspections for Export in Metric Tons – Mar 20
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 OR DATA IS […]

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Morning Softs. 03/21/17

On March 21, 2017 - 9:40 AM By

COTTON
General Comments: Cotton futures closed mixed, with nearby May moving lower, but new crop months moving higher. The daily charts show that May hit first targets for the move and then found some big long liquidation and new selling interest. The weekly charts show that the current up trend is now one year […]

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The Grain market started higher yesterday but could not sustain the rally only to sell off and go lower on the day. Plantings in southern states have started but weather will be crucial to see if farmers can get ahead of the game without disruption before the March 31st USDA Planting Intentions report. In the […]

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Oil prices sold off yesterday as the Libyan government says they will re-open closed oil ports after fighting stopped Libyan crude exports for the last two weeks. Yet one cannot count on the promise of Libyan oil as they have yet to prove they can be a reliable supplier. Yet oil is on the rise […]

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