From the daily archives: Monday, April 10, 2017

[Catherine Ngai, Reuters] Oil rose toward $56 a barrel on Monday, supported by another shutdown at Libya’s largest oilfield over the weekend and geopolitical tensions following last week’s U.S. missile strike on Syria. Libya’s Sharara oilfield was shut on Sunday after a group blocked a pipeline linking it to an oil terminal, a Libyan oil […]

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As a reminder…Today is the First Notice Day for the April Live Cattle after the close of business.  Anyone LONG the April Live Cattle after the close will be at risk of taking delivery.  To avoid this risk, we ask that you roll or liquidate your April Live Cattle LONG positions prior to the close […]

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Oil prices rally on geopolitical tensions

On April 10, 2017 - 10:11 AM By

[Daniel J. Graeber, UPI] A perfect storm may be brewing for crude oil prices with global tensions and market factors at play. Geopolitical factors spilled over into the broader economic mood early Monday to send crude oil prices sharply higher in early trading. International relations were upended last week when U.S. military forces hit targets […]

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Morning Softs. 04/10/17

On April 10, 2017 - 9:59 AM By

COTTON
General Comments: Cotton futures were sharply lower on speculative selling based on chart patterns. The market is looking ahead to the next crop and is seeing that the US has mostly good conditions for planting and development. Enough rain has fallen now, so some dry weather would be favorable for fieldwork, but forecasts […]

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Morning Grains. 04/10/17

On April 10, 2017 - 9:54 AM By

DJ U.S. April Grain, Soybean Stockpiles Estimates — Survey
CHICAGO–The following are analysts’ estimates in millions of bushels for U.S. ending stockpiles for 2016-17, as compiled by The Wall Street Journal. The U.S. Department of Agriculture is scheduled to release updated supply and demand tables on Tuesday at noon ET.
U.S. 2016-17 Stockpiles […]

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The cowardly terrorist Isis is at it again and this is just another factoid they should be driven to the inferno regions down below. Iran, Russia and Syria are warned the blood is on your hands, your fingerprints are all over the cowardly assault on the Egyptian Coptic churches where people come to pray only […]

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Rising geo-political tensions and a tightening global supply outlook is supporting oil. The strength comes even as the dollar is higher, being supported by risk aversion. Syria and North Korea concerns and terror attacks on innocent Coptic Christians in Egypt is raising concerns of conflict that could impact oil supply. Yet while many continue to […]

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Pre USDA April Crop Report 04/07/17

On April 10, 2017 - 6:56 AM By

Higher quarterly stocks has talk of higher carryovers, but exports strong. 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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