From the daily archives: Tuesday, November 7, 2017

Morning Softs Report 11/07/17

On November 7, 2017 - 10:30 AM By

COTTON
General Comments: Cotton was a little higher in consolidation trading. The futures market is not showing much movement, and might not move much until USDA releases its next production and supply and demand reports on Thursday. Trade estimates of production losses due to hurricanes and cold weather will be compared to the USDA […]

Continue Reading

Morning Grains Report 11/07/17

On November 7, 2017 - 10:27 AM By

DJ CBOT Delivery Intentions: Totals – Nov 7
Source: CME Group
Contract Quantity Next Trade
Commodity Month Delivery Day Assigned Today Date Available
ROUGH RICE November Nov. 08, 2017 26 Nov 06, 2017
ETHANOL November Nov. 07, 2017 10 Nov 01, 2017
SOYBEAN November Nov. 08, 2017 33 Oct […]

Continue Reading

[Emma Ockerman, Bloomberg] An early cold snap may deliver natural gas traders the most bullish inventory report heading into the winter heating season they’ve seen in more than a decade. On Thursday, the U.S. government will issue its weekly estimate of gas stockpiles. And based on a Bloomberg New Energy Finance analysis, the report may show a […]

Continue Reading

The USDA weekly crop progress showed Soybean harvest 91% complete and Corn harvest 70% complete. Certain farmers in varying Mid-West States in varying areas told me they were below the National average. And weather forecasts are predicting a frost Wednesday night heading into Thursday when the monthly release of Crop Production USDA Supply/Demand data. Traders […]

Continue Reading

The Windy City Trader. 11/06/17

On November 7, 2017 - 7:13 AM By

As we approach the end of 2017 I was thinking of my resolutions for the year. My first and biggest one was to lose 15 pounds. Only 25 more to go.
Metals: Gold and silver finally held near expected technical lows. Copper looks set to rise after correction and platinum will go the way […]

Continue Reading

It seems the move by Saudi Arabia’s Crown Prince Mohammed bin Salman to arrest members of the royal family and their business associates in a corruption crackdown is proving to be wildly popular among the Saudis young population. Yet, at the same time it is adding a new sense of an oil price risk against […]

Continue Reading