[Myra P. Saefong, MarketWatch] Brent crude prices edge higher; U.S. supply data on tap Oil prices settled at a two-week low on Tuesday, as traders weighed prospects for global supplies on the back of a rise in OPEC production last month and ahead of data that are expected to show a second-straight weekly decline in […]Continue Reading →
Date 1-Oct 24-Sep 2016 Avg
Cotton Bolls Opening 67 57 70 70
Cotton Harvested 17 14 15 13
Carn Dent 96 93 100 98
Corn Mature 68 51 84 78
Corn Harvested 17 11 23 26
Soybeans Dropping Leaves 80 63 81 78
Soybeans Harvested […]
General Comments: Cotton was lower and trends started to turn down due to the price action. Futures broke some Support areas due to good harvest weather and the stronger US Dollar that could hurt imports. Ideas are that the weather is good for maturing crops and harvest activities, but the harvest pace was […]
Just when you thought we received a bullish overtone in the Grain Complex with Fridays Grain Stocks and Small Grains Summary data more bearish news hit the wires with INTL FC Stone raised their estimates of the average Corn yield to 169.2 billion bushels per acre from their previous report on August 31st from 166.9. […]Continue Reading →
The great oil market rebalancing will continue as low oil prices have sparked demand and global oil and shale oil production is failing to keep pace. Under investment due to the crash in oil prices is keeping the market in a tight situation. More pressure on shale by activist investors that are worried that they […]Continue Reading →
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