From the daily archives: Monday, August 7, 2017

Oil Settles Lower Monday

On August 7, 2017 - 4:28 PM By

[George Orwel, DTN Energy] New York Mercantile Exchange spot-month oil futures settled lower Monday afternoon amid skepticism the Organization of the Petroleum Exporting Countries will do anything to improve compliance by its members to their production cuts agreement. “Oil producers meeting in Abu Dhabi have been slow to assure the market that compliance with the […]

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Morning Grains 08/07/17

On August 7, 2017 - 10:30 AM By

DJ CBOT Delivery Intentions: Totals – Aug 7 Source: CME Group Contract                         Quantity   Next Trade Commodity      Month      Delivery Day    Assigned Today   Date Available SOYBEAN MEAL   August     Aug. 08, 2017               72   Aug 03, 2017 SOYBEAN OIL    August     Aug. 08, 2017              442   Aug 04, 2017 ETHANOL        August     Aug. 07, 2017                6   Jul 28, 2017 SOYBEAN        August     Aug. […]

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Morning Softs 08/07/17

On August 7, 2017 - 10:27 AM By

COTTON            General Comments:  Cotton was higher on follow through buying worries about growing conditions in Texas and the southwest and also in other world production areas along with good export demand.  Futures trends are up again.  The temperatures should be more moderate in Texas and there have been some showers.  The growing weather in the […]

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As a reminder…. Today, after the close of business, is the First Notice Day for the Aug Live Cattle.  Anyone LONG the Aug Live Cattle this afternoon will be at risk of taking delivery.  To avoid this risk, please roll or liquidate your Aug Live Cattle LONG positions prior to the close of business today! […]

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Talking with Grain brokers after their crop tour enlightened me of the abundance of acreage in the Soybean crop but conditions of the crop are not healthy and the numbers may be supportive to Corn prices with acreage numbers as a whole. In the overnight electronic session the September Corn is currently trading 370 which […]

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Oil is lower as the market has a lot to watch as the seasonal summer peak demand time is here. Seasonal weakness in August seems to be overshadowing a jammed packed oil news day. OPEC meets about compliance as the US oil rig count slows. Storms in the Atlantic could impact shipping and Mexican oil […]

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Morning Grains. 07/04/17

On August 7, 2017 - 7:12 AM By

Alerts History
• 03-Aug-2017 03:00:25 AM – UN FAO WORLD FOOD PRICE INDEX AVERAGES 179.1 IN JULY, UP 2.3 PCT FROM JUNE
World food prices rise 2.3 pct in July – UN FAO – Reuters News
03-Aug-2017 03:13:09 AM
ROME, Aug 3 (Reuters) – World food prices rose 2.3 percent in […]

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