From the daily archives: Monday, October 16, 2017

Morning Grains Report 10/16/17

On October 16, 2017 - 11:46 AM By

DJ CBOT Delivery Intentions: Totals – Oct 16
Source: CME Group
Contract Quantity Next Trade
Commodity Month Delivery Day Assigned Today Date Available
SOYBEAN MEAL October Oct. 17, 2017 62 Oct 13, 2017
SOYBEAN OIL October Oct. 17, 2017 4 Oct 10, 2017 WHEAT
General Comments: Wheat markets were […]

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Morning Softs Report 10/16/17

On October 16, 2017 - 11:38 AM By

General Comments: Cotton was higher on Friday, but lower for the week in reaction to the USDA reports and harvest progress. The USDA reports showed big production and big ending stocks on Thursday, and the export sales report was not real strong on Friday. The weekly charts show down trends and the potential […]

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Bearish sentiment continues after Thursday’s Crop Production USDA Supply/Demand data. I also anticipate weather to play a factor as we move through harvest and not ½ done. In the overnight electronic session the December Corn is currently trading at 352 which is ¾ of a cent lower. The trading range has been 353 ¼ to […]

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Kurdish Conflict. The Energy Report 10/16/17

On October 16, 2017 - 6:58 AM By

Iraq is moving troops around the Kurdish region of Iraq, putting at risk about 600,000 barrels of daily oil production at a time when global oil supply is tightening. Oil is also getting support from the Trump Administration’s decision to decertify the Iranian nuclear deal and kicking the can to the U.S. congress that will […]

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