From the daily archives: Monday, October 9, 2017

[Emma Ockerman and Brian K Sullivan, Bloomberg] October weather warm enough for backyard barbecues in the U.S. Northeast isn’t doing natural gas bulls any favors. From Boston to Chicago, overnight temperatures are lingering above 60 degrees Fahrenheit (16 Celsius) at a time when they usually begin dropping into the 50s and below, AccuWeather Inc. data […]

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[Allen Sykora, Kitco News] Fund managers continued to run from bullish gold positions in the latest reporting week for Commodity Futures Trading Commission data, although the third straight weekly decline may have cleared the way for some buying to return to the market, analysts say. Oct. 3 was the cutoff data for the most recent […]

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Morning Grains Report

On October 9, 2017 - 9:41 AM By

DJ CBOT Delivery Intentions: Totals – Oct 9
Source: CME Group
Contract Quantity Next Trade
Commodity Month Delivery Day Assigned Today Date Available
SOYBEAN MEAL October Oct. 10, 2017 66 Sep 29, 2017
SOYBEAN OIL October Oct. 10, 2017 57 Oct 05, 2017 WHEAT
General Comments: Wheat markets closed […]

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Morning Softs Report 10/09/17

On October 9, 2017 - 9:16 AM By

COTTON
General Comments: Cotton was higher as Tropical Storm Nate has formed off the coast of Central America. It became a hurricane before hitting the southern US starting Sunday. However, it is not expected to be very damaging to crops as it was a Category 1 storm. Most of the damage would be caused […]

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[Wisconson Agriculturist] Orion Samuelson and Max Armstrong talk markets with Jerry Gidel, Price Futures Group, including a look at the pace of harvest progress.
  http://www.wisconsinagriculturist.com/farm-life/week-agribusiness-october-7-2017?channelId=2aa207c0ec0545eaa2a098311f33e186&channelListId&mediaId=693864b573a1465f8c84eaef332e6c72

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Nate made landfall in Mississippi as a Category 1 when it hit Biloxi and quickly lost strength as it moved very fast. We also have Tropical Depression Seventeen lurking in the Atlantic and looks to be a threat to the eastern seaboard with Maximum Sustained Winds at 30 knots moving north at 3 knots.  On […]

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Oil and product prices pulled back Friday as it became clear that Hurricane Nate would only cause a short-term impact on U.S. oil production and that there was no damage to off shore oil rigs. The fast storm means that production will come back on-line quickly as the U.S. energy industry will rise to the […]

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