From the daily archives: Friday, November 17, 2017

As a reminder…Monday, Nov 20th is the Last Trading Day for the NYMEX Dec Crude Oil in NY.  We ask that you do not wait until the last minute to exit this market. Tuesday, Nov 21st is the First Notice Day for the ICE Dec Coffee.  Anyone LONG the ICE Dec Coffee will be at […]

Continue Reading

Morning Grains Report 11/17/17

On November 17, 2017 - 10:40 AM By

DJ Analysts’ Estimates for November USDA Cattle-On-Feed Report
The following estimates, as compiled by the Wall Street Journal for the nation’s feedyards with a capacity of 1,000 or more head, are in percentages of the year-earlier figure. High and low projections were dropped in the calculation of averages. The U.S. Department of Agriculture report […]

Continue Reading

Morning Softs Report 11/17/17

On November 17, 2017 - 10:36 AM By

ADMIS Research Bulletin
Subject: market talk
inform est US 2018 corn acres near 91.4 mil vs 90.4 last year. Crop of 14,629 mil bu vs 14,578 ly
inform est US 2018 soybean acres near 89.6 mil vs 90.2 last year. Crop of 4,397 mil bu vs 4,425 ly
Inform est US […]

Continue Reading

[Myra P. Saefong, MarketWatch] The International Swaps and Derivatives Association ruled Thursday that Venezuela, as well as state oil company Petróleos de Venezuela SA, defaulted on their debts. ISDA’s determination committee will reconvene on Nov. 20 to make a decision on how credit-default swaps, which can be used to protect against nonpayment, will be settled, according […]

Continue Reading

We seem to have continued conflicting weather reports whether it is the European model or the U.S. weather model they all seem to be wrong which puts a shake and bake in the market and takes out investors with low risk tolerance and puts them out of the game. As we move closer to the […]

Continue Reading

Continue the Cuts. The Energy Report 11/17/17

On November 17, 2017 - 7:09 AM By

Khalid A. Al-Falih, the Minister of Energy, Industry and Mineral Resources of Saudi Arabia and chairman of Saudi Aramco all but guaranteed an extension of oil production cuts to be officially announced at the end of the month despite the protestations by some Russian oil companies. Russian oil companies are desperate to raise production to […]

Continue Reading