From the daily archives: Thursday, May 4, 2017

Morning Grains. 05/04/17

On May 4, 2017 - 11:14 AM By

DJ CBOT Delivery Intentions: Totals – May 4
Source: CME Group
Contract Quantity Next Trade
Commodity Month Delivery Day Assigned Today Date Available
SOYBEAN MEAL May. 05, 2017 226 Apr 27, 2017
SOYBEAN OIL May. 05, 2017 320 May 01, 2017
ROUGH RICE May. 05, 2017 13 Apr 28, […]

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Morning Softs. 05/04/17

On May 4, 2017 - 10:21 AM By

COTTON
General Comments: Cotton was lower as resistance just above the highs of the day continued to hold. This forced some long liquidation in the market. Planting conditions remain mixed as a storm moves through the south. Texas is still too cold for best crop development. The mills still have to fix July purchases […]

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This morning we kickoff the day with reports starting at 7:30 A.M. with Exports Sales, Initial Jobless Claims and U.S. Trade Balance followed by Factory Orders at 9:00 A.M. and Dairy Products at 2:00 P.M. On the Natural Gas front the weekly EIA Gas Storage data is today and the Thomson Reuters poll Scott Disavino […]

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Oil prices are under pressure as rising U.S. oil output and fears that Libya and Nigeria is getting back into the game. At the same time the slow drip on oil prices are putting prices into oversold territory. The Energy Information Administration report failed to match the bullishness of the API report. The EIA reported […]

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