From the monthly archives: November 2017

Morning Grains 11/30/17

On November 30, 2017 - 10:02 AM By

DJ U.S. Export Sales: Weekly Sales Totals-Nov 30
For the week ended Nov 23, in thousand metric tons, except cotton in thousand running bales. Net changes in commitments are gross sales, less cancellations, buy-backs and other downward adjustments. Total commitments are total export shipments plus total sales. The marketing year for wheat and barley […]

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Morning Softs 11/30/17

On November 30, 2017 - 9:59 AM By

COTTON
General Comments: Cotton was sharply higher yesterday and made new highs for the move. The market is now trying to extend the rally to the 7500 March area, and has been supported by good demand along with ideas of little on offer from producers. Speculators are already long, and mills have been forced […]

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Today is the Last Trading Day for the NYMEX December HO & RBOB.  It is also Last Trading Day for the London Coffee.  We ask that you do not wait until the last minute to exit these markets. Mon, Dec 4th after the 1:05pm close of business, is the First Notice Day for the Dec […]

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Financials: March Bonds are currently 7 lower at 151’31, 10 Yr. Notes 3.5 lower at 124’11.5 and 5 Yr. Notes 2.5 lower at 116’17.5. These markets have dropped a bit in the last few sessions as the vote on impending tax reform comes due. Comments from the Fed also have weighed on treasuries as interpretation […]

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Now What? The Energy Report 11/30/17

On November 30, 2017 - 7:38 AM By

Despite some made up drama that some people like to make up at these OPEC meetings, the reality is that OPEC and Non-Opec will extend production cuts until the end of the year. OPEC is on track to achieve the goal of totally erasing the global overhang of oil despite doubts from many and may […]

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Morning Grains 11/29/17

On November 29, 2017 - 9:50 AM By

Alerts History
• 28-Nov-2017 11:21:09 AM – USDA ESTIMATES 2018/19 U.S. CORN PLANTINGS AT 91.0 MILLION ACRES, CROP AT 14.520 BILLION BUSHELS
• 28-Nov-2017 11:21:29 AM – USDA ESTIMATES 2018/19 U.S. SOYBEAN PLANTINGS AT 91.0 MILLION ACRES, CROP AT 4.360 BILLION BUSHELS
• 28-Nov-2017 11:21:57 AM – USDA ESTIMATES 2018/19 U.S. ALL-WHEAT […]

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Morning Softs 11/29/17

On November 29, 2017 - 9:48 AM By

COTTON
General Comments: Cotton was mixed, with nearby months higher and deferred months lower. The market was unable to extend the rally, although futures traded close to the recent highs, and the charts still show the potential for a short term top. Trends turned up on the charts last week and it looks like […]

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This morning we kickoff the day with 3rd Quarter GDP at 7:30 A.M., EIA Energy Stocks at 9:30 A.M. and Dairy Product Sales at 2:00 P.M. In yesterday’s action the Grains looked sick not being able to muster any type of a rally. It is hard to take a new position with limited downside on […]

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How Sweet It Is. The Energy Report 11/29/17

On November 29, 2017 - 8:01 AM By

OPEC and Non-OPEC sources announced that they have agreed to extend production cut until the end of 2018, but will review the situation in June to make sure that the cuts are not causing larger problems for the Cartel. Worries ranging from them not doing enough or doing too much that will allow shale oil […]

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Morning Grains 11/28/17

On November 28, 2017 - 12:15 PM By

DJ USDA Grain Inspections for Export in Metric Tons – Nov 27
COUNTRY OF DESTINATION IS REPORTED AS KNOWN AT THE TIME OF EXPORTATION.
INFORMATION CONTAINED IN THIS REPORT REFLECTS EXPORTED GRAIN INSPECTED AND
WEIGHED THROUGH GIPSA’S AUTHORITY UNDER THE U.S. GRAIN STANDARDS ACT.
NO ADDITIONAL ANALYSIS, COMPILATIONS OR DATA IS […]

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Morning Softs 11/28/17

On November 28, 2017 - 10:24 AM By

COTTON
General Comments: Cotton was lower on Friday along with the grains in Chicago and weakness in Crude Oil futures. The market was unable to extend the rally and the charts show the potential for a short term top. Trends turned up on the charts last week and it looks like a big low […]

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The Grain market is looking for a rally and any type of a rally. Our las Crop Progress report for the 2017 growing season showed Farmers will need a little help to move prices higher as these prices are way too cheap. Elevators and Silo’s full and plenty of carryover which should be burned into […]

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