From the daily archives: Monday, October 23, 2017

Morning Grains Report 10/23/17

On October 23, 2017 - 10:36 AM By

Alerts History
• 20-Oct-2017 06:33:48 AM – U.S. EPA TELLS LAWMAKERS IT WILL KEEP RENEWABLE FUEL VOLUMES EQUAL OR GREATER TO PROPOSED VOLUMES – LETTER
• 20-Oct-2017 06:33:49 AM – U.S. EPA TELLS LAWMAKERS THAT IT WILL NOT PURSUE PLAN TO AWARD RENEWABLE FUEL CREDITS TO ETHANOL EXPORTS – LETTER
• 20-Oct-2017 […]

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Morning Softs Report 10/23/17

On October 23, 2017 - 9:40 AM By

COTTON
General Comments: Cotton was lower again on Friday and trends are turning down on the charts. The weekly charts show that the market has one key support level to break this week at 6649 basis December futures. Breaking this level implies moves to near 60.00 are possible. The daily charts also show the […]

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With plenty of rains and cooler temperatures on the horizon which should slow harvest. So far we have not seen any frost or frost damage that could light some sort of rally and at the moment the market cannot find a reason to rally. In the overnight electronic session the December Corn is currently trading […]

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Another big drop in U.S. rig counts and warnings from major oil service firms is making it clear that the Shale oil slowdown that I predicted is here. Baker Hughes reported a plunge of 7 oil rigs and eight natural gas rigs. Some of the drop is storm related but a lot of the drop […]

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