Date 24-Sep 17-Sep 2016 Avg
Cotton Bolls Opening 57 44 61 61
Cotton Harvested 14 11 9 9
Carn Dent 93 86 96 95
Corn Mature 51 34 70 64
Corn Harvested 11 7 14 17
Soybeans Dropping Leaves 63 41 65 63
Soybeans Harvested […]
General Comments: Cotton was higher on ideas that USDA could show more deterioration in conditions in its reports last night.. Conditions ratings were marginally lower and the harvest progress is slightly ahead of the average. The harvest ahead seems to be the most important factor as USDA is expecting a huge crop, but […]
We start the day with a higher U.S. dollar and we will have Consumer Confidence and New Home Sales at 9:00 A.M. and API Energy Stocks at 3:30 P.M. On the Corn front the market key is now the weather and harvest with rains and cooler temperatures are forecasted coming to a theatre near you. […]Continue Reading →
Oil is officially back in a bull market even as a rising dollar is causing some profit taking early. The return to bull market territory comes as the market is seeing that the bearish arguments that kept oil prices under wraps turned out to be wrong. Let’s go over why oil price have returned to […]Continue Reading →
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