From the daily archives: Wednesday, November 15, 2017

[Carl Surran, Seeking Alpha] U.S. crude oil fell for the fourth straight session after the EIA reported a surprise rise in crude and gasoline inventories, but a rise in refining runs and a drawdown in distillates helped prices bounce off session lows; WTI settled -0.7% at a two-week low $55.33/bbl, while Brent finished -0.6% at $61.87/bbl. “Overall, the report is somewhat supportive because […]

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Surfing the Trends In Futures with Gary Kamen! Phil Flynn talks with Gary Kamen of Trends In Futures (www.trendsinfutures.com) about how he successfully uses tools like the Commitment of Traders report to identify trends in the futures markets by analyzing where the “big money” is going. Listen to Gary’s thoughts on the recent move in […]

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Morning Grains Report 11/15/17

On November 15, 2017 - 9:54 AM By

DJ CBOT Delivery Intentions: Totals – Nov 15
CME Group
Contract Quantity Next Trade
Commodity Month Delivery Day Assigned Today Date Available
ROUGH RICE November Nov. 16, 2017 16 Nov 14, 2017
SOYBEAN November Nov. 16, 2017 157 Nov 14, 2017 DJ Analysts’ Estimates for November USDA Cattle-On-Feed Report
[…]

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Morning Softs Report 11/15/17

On November 15, 2017 - 9:46 AM By

COTTON
General Comments: Cotton was a little lower yesterday in consolidation trading. There did not appear to be any news or fundamental issues to push prices higher or lower. The futures market is watching the harvest roll along and is debating the demand for US and world Cotton. Bullish traders say that USDA is […]

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AgMaster Report 11/15/17

On November 15, 2017 - 9:00 AM By

Written 11/13/17) JAN SOYBEANS The trade eagerly awaited the 11/9 USDA Report & were greeted with a bearish surprise – especially for corn – where both total production & yield came out over the expected ranges!  It appears that seed genetics baled the mkt out – after a rough weather start!  Going forward, South America […]

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We start off the day with Business Inventories, CPI, Real Earnings and Retail Sales at 7:30 A.M., EIA Energy Stocks at 9:30 A.M., NOPA Crush at 11:00 A.M. and Dairy Product Sales at 2:00 P.M. Last Trading Day on November Lumber, Palm Oil, Russian Ruble, Short Sterling and London White Sugar. Last Trading Day Options […]

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Mash Up. The Energy Report 11/15/17

On November 15, 2017 - 7:04 AM By

After being extremely over bought with a record amount of hedge fund and large speculators long caused a sell off after a questionable report from the International Energy Agency’s, Traders hoping that the American Petroleum Institute weekly supply report would perhaps add some clarity only added to the confusion. In a major mixed bag of […]

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