From the daily archives: Tuesday, April 25, 2017

Morning Grains. 04/25/17

On April 25, 2017 - 1:22 PM By

Crop Progress
Date 23-Apr 16-Apr 2016 Avg
Cotton Planted 11 8 10 12
Corn Planted 17 6 28 18
Corn Emerged 4 4 4
Soybeans Planted 6 3 3
Sorghum Planted 24 21 19 23
Rice Planted 69 55 60 47
Rice Emerged 45 25 35 30

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Morning Softs. 04/25/17

On April 25, 2017 - 9:55 AM By

COTTON
General Comments: Cotton was mostly higher again, with May the strongest month. It looked like some short covering before the deliveries get started today. The strength in May was a surprise as the mil call fixing should be completed by now. The mills did not price sales from producers at cheaper levels and […]

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Even with exports at a great pace and weather not cooperating in this early part of the planting season, investors believe whatever drama the U.S. Farmer faces we will still see record crops and the futures markets are showing it. Argentina and Brazil’s record crops are painting a gloomy picture to prices for Farmers regardless […]

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Crude oil prices are dead with rig-or mortis or the adding of oil rigs weigh on market sentiment. Shale producers are expected to continue leverage up to the hilt with some producing the type of oil that no one really wants with hope that prices do not crash and drive them into bankruptcy. The confidence […]

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