From the daily archives: Wednesday, January 10, 2018

Morning Grains Report 01/10/18

On January 10, 2018 - 10:41 AM By

DJ CBOT Delivery Intentions: Totals – Jan 10
Source: CME Group
Contract Quantity Next Trade
Commodity Month Delivery Day Assigned Today Date Available
SOYBEAN MEAL January Jan. 11, 2018 99 Jan 09, 2018
SOYBEAN OIL January Jan. 11, 2018 140 Jan 09, 2018
ROUGH RICE January Jan. 11, 2018 […]

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Morning Softs Report 01/10/18

On January 10, 2018 - 9:39 AM By

COTTON
General Comments: Cotton was a little higher again on some follow through buying. Volumes traded were moderate. Trends are turning sideways in front of the USDA reports that will be released on Friday. Price Group expects few changes to US production estimates as the Cotton production appears to have held well. USDA can […]

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The American Petroleum Institute (API) showed Crude Oil draws of 11.19 million barrels and Cushing, Oklahoma down 2.516 million. Although the products had builds with Gasoline up 4.338 million barrels and Distillates up 4.685 million barrels has the market rolling this morning. Even with builds in products investors sense shortages in the future which should […]

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Oil prices traded at the highest level since OPEC declared a production war on Shale and laughed off an estimate of record U.S. oil production from the Energy Information Administration (EIA). The reason why the oil bears got it wrong was because they underestimated demand and over estimated production. The Bears failed to see that […]

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