From the monthly archives: January 2018

Morning Grains Report 01/19/18

On January 19, 2018 - 11:36 AM By

DJ U.S. Export Sales: Weekly Sales Totals – Jan 19
For the week ended Jan 11, in thousand metric tons, except cotton in
thousand running bales. Net changes in commitments are gross sales,
less cancellations, buy-backs and other downward adjustments. Total
commitments are total export shipments plus total sales.
The […]

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Morning Softs Report 01/19/18

On January 19, 2018 - 10:12 AM By

COTTON
General Comments: Cotton was higher as the buyers appeared once again to cover short cash market positions. Trends remain up and the tone of the market remains positive. Current buying is reflecting the fact that merchants need to buy futures to cover on call positions Rather than the overall fundamentals presented in the […]

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As the economy is rolling along after 1 year of action taken cutting Federal regulations and Tax cuts booming employment the politicians still don’t get it. These deceivers who were voted in to defend the Stars & Stripes are putting non-U.S. citizens above U.S. citizens and the most appalling part our military.  It is plain […]

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Explosive. The Energy Report 01/19/18

On January 19, 2018 - 8:37 AM By

The International Energy Agency came out with an “explosive” report talking about “explosive” production growth as the United States will become the undisputed leader in global oil production. Take that Saudi Arabia and Russia! The agency that is known by traders as the agency that has way under estimated, is now proclaiming the U.S. as the […]

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Morning Grains Report 01/18/18

On January 18, 2018 - 10:16 AM By

DJ USDA Monthly Grain Inspections: Exported By Rail – Jan 17
MS_GR210
Minneapolis, MN Wed Jan 17, 2018 USDA MARKET NEWS
GRAINS INSPECTED AND/OR WEIGHED FOR EXPORT BY RAIL TO CANADA AND MEXICO
REPORT FOR MONTH ENDING DECEMBER 2017
————————————————————————
Dec-17 Nov-17 Year to Date
CANADA Rail Cars […]

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Morning Softs Report 01/18/18

On January 18, 2018 - 10:12 AM By

COTTON
General Comments: Cotton was a little higher in consolidation trading. Trends remain up and the tone of the market remains positive. Current buying is reflecting the fact that merchants need to buy futures to cover on call positions Rather than the overall fundamentals presented in the USDA reports last week. The reports showed […]

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We start off this Thursday with Housing Starts & Permits and Export Sales at 7:30 A.M. EIA Gas Storage at 9:30 A.M., EIA Energy Stocks at 10:00 A.M. and Dairy Product Sales at 2:00 P.M. The story in today’s market is jobs are flourishing and companies that moved out of the U.S. to avoid the […]

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Financials: Mar. Bonds are currently 23 lower at 149’19, 10 Yr. Notes 6 lower at 122’15 and 5 Yr. Notes 2 lower at 115’08. The long Dec. 2018/short Dec. 2019 Eurodollar spread has widened from last weeks 21 points premium the nearby to 23 points approaching my objective of 25-26 points premium the Dec. 2018. […]

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Now you see it. Now you don’t. Presto, change-o the U.S. oil glut has disappeared. Low oil prices and a booming global economy has caused the biggest oil glut in history to disappear before your very eyes. The American Petroleum Institute reported another massive 5.121 million barrels drop in U.S. crude supply dragging stockpiles back to […]

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Morning Softs Report 01/17/18

On January 17, 2018 - 11:58 AM By

DJ U.S. Total Prevented Acreage Data – Jan 16
U.S. acreage data for select crops reported as planted, failed and prevented
by farmers to the Farm Service Agency. Prevented acres is land
not planted due to poor conditions. Failed acres is land farmers planted
and abandoned. Farmers participating in various FSA […]

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We jumpstart the day with Capacity Utilization and Industrial Production at 8:15 A.M. and API Energy Stocks at 3:30 P.M. delayed a day due to Monday’s holiday. I am expecting a draw in Crude Stocks of 2 million barrels. On the Corn front the market continues to move nowhere fast. In the overnight electronic session […]

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[Myra P. Saefong, MarketWatch] Oil prices finished lower Tuesday, pulling back from three-year highs as traders awaited data due later this week on U.S. crude supplies and production. February West Texas Intermediate crude CLG8, -0.20%  fell 57 cents, or 0.9%, to settle at $63.73 a barrel On the New York Mercantile Exchange. Prices had settled Friday at $64.30, the highest […]

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