From the daily archives: Wednesday, November 29, 2017

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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