From the daily archives: Thursday, January 4, 2018

A closer look at the upcoming January 12 crop reports and what to expect. Phil Flynn talks with Jerry Gidel, Senior Grain Analyst, about the upcoming grain reports showing final production, quarterly stocks and demand, and winter wheat seedings. Jerry gives his insights and expectations on wheat, corn and soybeans for the coming year. Futures […]

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Morning Grains 01/04/18

On January 4, 2018 - 10:41 AM By

DJ CBOT Delivery Intentions: Totals – Jan 4
Source: CME Group
Contract Quantity Next Trade
Commodity Month Delivery Day Assigned Today Date Available
SOYBEAN MEAL January Jan. 05, 2018 300 Jan 02, 2018
ROUGH RICE January Jan. 05, 2018 3 Dec 29, 2017
SOYBEAN January Jan. 05, 2018 21 […]

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Morning Softs 01/04/18

On January 4, 2018 - 10:38 AM By

COTTON
General Comments: Cotton was higher in consolidation trading. Trends remain up for now, but the bullish chart formation got hurt for the short term with the Tuesday price action. Producers remain limited sellers at best. Ideas are that prices can remain generally strong. Mills are caught unpriced on a lot of purchases and […]

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The east coast girls are bundled and the west coast girls are bundled, Sorry I meant bundled up and fumbled the Beach Boys hit but weather like this you think of Summer Breeze and A Summer Wind. The east coast is taking it on the chin again as after Old Man Winter punched them in […]

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Financials: Mar. Bonds are currently 10 lower at 152’00, 10 Yr. Notes 5 lower at 123’20 and 5 Yr. Notes 3.5 lower at 115’28. The long Dec.2018/short Dec. 2019 Eurodollar spread is currently at 20.5 premium the 2018 contract. In my last “Report” I recommended putting on the Eurodollar spread at 16.5. As it turns […]

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Crack Down. The Energy Report 01/04/18

On January 4, 2018 - 10:24 AM By

Iran’s Revolutionary Guard says it put a stop to the protests in Iran, yet the oil traders are not that convinced. After many arrests and over 20 dead, the Iranian people are tired of being left out of the global economic surge. At the same time, the global economic surge is draining U.S. and global […]

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