From the daily archives: Tuesday, September 19, 2017

Morning Grains 09/19/17

On September 19, 2017 - 12:15 PM By

DJ USDA Grain Inspections for Export in Metric Tons – Sep 18
COUNTRY OF DESTINATION IS REPORTED AS KNOWN AT THE TIME OF EXPORTATION.
INFORMATION CONTAINED IN THIS REPORT REFLECTS EXPORTED GRAIN INSPECTED AND
WEIGHED THROUGH GIPSA’S AUTHORITY UNDER THE U.S. GRAIN STANDARDS ACT.
NO ADDITIONAL ANALYSIS, COMPILATIONS OR DATA IS […]

Continue Reading

Morning Softs 09/19/17

On September 19, 2017 - 12:13 PM By

COTTON
General Comments: Cotton was higher on ideas that the crop losses from Harvey and Irma were still being evaluated and as more hurricanes formed in the Atlantic that could hurt crops sooner or later. The storm track for the new systems is not clear, but for now the storm, Maria, is following the […]

Continue Reading

FED Will not Raise Rates 09/19/17

On September 19, 2017 - 8:28 AM By

With this active hurricane season and the damaged sustained I believe the FED would be hard pressed to raise Interest Rates when some people lost their home and still paying a mortgage. However, investors will be listening to the verbiage to try and understand how Dovish or Hawkish the overtones are today and tomorrow. Kicking […]

Continue Reading

Refiners on the Run. The Energy Report 09/19/17

On September 19, 2017 - 8:17 AM By

Oil prices are rising on hopes that Hurricane Jose will not do any damage to East Coast refiners that are running hot and heavy to make up for lost supply from Gulf Coast refiners that were hit hard by Hurricane Harvey. Refiners are already having success with getting gasoline prices to fall but there is […]

Continue Reading

Morning Grains 09/18/17

On September 19, 2017 - 8:15 AM By

DJ USDA Grain Inspections for Export in Metric Tons – Sep 18 COUNTRY OF DESTINATION IS REPORTED AS KNOWN AT THE TIME OF EXPORTATION. INFORMATION CONTAINED IN THIS REPORT REFLECTS EXPORTED GRAIN INSPECTED AND WEIGHED THROUGH GIPSA’S AUTHORITY UNDER THE U.S. GRAIN STANDARDS ACT. NO ADDITIONAL ANALYSIS, COMPILATIONS OR DATA IS AVAILABLE.  GRAINS INSPECTED AND/OR […]

Continue Reading

Morning Softs 09/18/17

On September 19, 2017 - 8:11 AM By

COTTON             General Comments:  Cotton was higher on ideas that the crop losses from Harvey and Irma were still being evaluated and as more hurricanes formed in the Atlantic that could hurt crops sooner or later.  The storm track for the new systems is not clear, but for now the storm, Maria, is following the path […]

Continue Reading

Hurricane activity and a big drop in U.S. rig counts will force traders to look at forces that may hit both supply and demand. Hurricane Jose threatens the East Coast from Delaware to Massachusetts, mainly demand but some refineries. Hurricane Maria also poses a threat to the Virgin Islands and is a dangerous storm as […]

Continue Reading

Hurricane Jose is still making headlines before we see the impact of his punch and hopefully he will miss the U.S. northeastern coast. Jose current movement is north at 8 knots. We also have to contend with Hurricane Maris a category 2 and Tropical Depression Lee which both of these storms threaten the Gulf of […]

Continue Reading