From the daily archives: Thursday, November 2, 2017

[Nico Grant, Bloomberg] Home-heating bills in the U.S. have been slow to rise this fall as unusually mild weather has kept fuel demand in check. But when the cold eventually arrives consumers may encounter some sticker shock. Domestic stockpiles of heating oil — used in more than 6 million homes mostly in the Northeast — […]

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Morning Grains Report 11/02/17

On November 2, 2017 - 11:54 AM By

DJ CBOT Delivery Intentions: Totals – Nov 2
Source: CME Group
Contract Quantity Next Trade
Commodity Month Delivery Day Assigned Today Date Available
ROUGH RICE November Nov. 03, 2017 152 Nov 01, 2017
SOYBEAN November Nov. 03, 2017 50 Oct 25, 2017 DJ U.S. Export Sales: Weekly Sales Totals – […]

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Morning Softs Report 11/02/17

On November 2, 2017 - 11:48 AM By

COTTON
General Comments: Cotton was a Little higher in consolidation trading. The futures market is not showing much movement, and deliverable stocks have dropped to low levels. Trade attention is shifting to the USDA production reports next week and estimates of production losses due to hurricanes and cold weather. Reports that a couple of […]

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Happy All Souls Day and congratulations to the city of Houston and showing America what a Champion is made of and it is not hurricane Harvey. We also celebrate All Souls Day and start  off the morning with Export Sales and Initial Jobless Claims at 7:30 A.M., EIA Gas Storage at 9:30 […]

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Financials: Dec. Bonds are currently 3 higher at 152’27, 10 Yr. Notes 0’01.5 higher at 124’30.5 and 5 Yr. Notes 0’01.2 higher at 117’05.2. It now appears that J. Powell will be chosen as next Fed. Chair. He is expected to follow the current Fed path of cautious tightening. Yesterday the FOMC kept rates unchanged […]

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Less Is More! The Energy Report 11/02/17

On November 2, 2017 - 7:16 AM By

Famed architect Mies van der Rohe was famous for his belief that sometimes you can do away with all the ornamentation on building because sometimes less is more. They are now finding that out in the energy space these days, that is also true and if you do less you will be rewarded. OPEC and […]

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