DJ U.S. Export Sales: Weekly Sales Totals – May 25
For the week ended May 18 in thousand metric tons, except cotton in
thousand running bales. Net changes in commitments are gross sales,
less cancellations, buy-backs and other downward adjustments. Total
commitments are total export shipments plus total sales.
General Comments: Cotton was higher in recovery trading. It looks like the sellers decided to take the day off and futures were able to recover. The charts show July has now returned to the previous trading range. Trends are down. Cotton has become available to the market as the rally has brought Cotton […]
[Daniel J. Graeber. UPI] The likelihood that parties to an OPEC-led effort to balance the market with production cuts stand pat on output left oil prices in the red early Thursday. Ministers assigned to a joint committee monitoring an agreement to sideline 1.8 million barrels per day to balance an oversupplied market left a meeting […]Continue Reading →
This morning we have Export Sales at 7:30 A.M., Initial Jobless Claims at 7:30 A.M. and EIA Gas Storage at 9:30 A.M. Which brings us to Scott Disavino of Thomson Reuters weekly poll with 22 analysts participating this week predicting injection builds of 65 bcf to 82 bcf with the median 71 bcf. This compares […]Continue Reading →
Is it time to play it safe? The Saudi oil minister Khalid Al-Falih said the safe bet coming out of the OPEC meeting today is a 9 month extension of the current 1.8 million barrels a day of OPEC and non-OPEC production cuts, yet the safe bet might not wow oil traders. Talk of an […]Continue Reading →
SubscribeReceive daily summaries of all Market Insights blog posts.
Enter email below.
Most Recent Posts
- Morning Grains Report 10/20/17
- Morning Softs Report 10/20/17
- Corn Growers Look Ahead to Future. The Corn & Ethanol Report 10/20/17
- China’s Minsky Moment. The Energy Report 10/20/17
- AgMaster Report 10/19/17
- Equities down on turmoil in Spain. The Nemenoff Report 10/19/17
- Morning Grains Report 10/19/17
- Moring Softs Report 10/19/17