From the daily archives: Thursday, January 11, 2018

Morning Grains Report 01/11/18

On January 11, 2018 - 10:24 AM By

DJ CBOT Delivery Intentions: Totals – Jan 11
Source: CME Group
Contract Quantity Next Trade
Commodity Month Delivery Day Assigned Today Date Available
SOYBEAN MEAL January Jan. 12, 2018 27 Jan 09, 2018
SOYBEAN OIL January Jan. 12, 2018 28 Jan 09, 2018
ROUGH RICE January Jan. 12, 2018 […]

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Morning Softs Report 01/11/18

On January 11, 2018 - 10:14 AM By

COTTON
General Comments: Cotton was higher after holding support areas on the charts. The market is expecting USDA to show bullish US and world data and knows that buyers in the cash market still have to buy a lot of futures contracts to fix prices for the on call Cotton. Trends are turning up […]

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We kickoff the day with Export Sales, Jobless Claims and Producer Price Index (PPI) at 7:30 A.M., followed by EIA Gas Storage at 9:30 A.M. I anticipate a good Jobs number later this morning and we should have a record Natural Gas draw. The weekly Thomson Reuters poll of 25 participants forecast draws anywhere from […]

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Financials: Mar. Bonds are currently 8 lower at 149’26, 10 Yr. Notes 1 lower at 122’31 and 5 Yr. Notes unchanged at 155’20. The long Dec. 2018/short Dec. 2019 Eurodollar spread is currently trading at 21 premium the 2018 contract. Rumors that China is going to slowdown purchases of U.S. treasuries has driven these markets […]

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The oil glut that many said would never go away is officially gone. For the first time since June of 2015 oil supplies are back in the average range and not above average. This is happening as U.S demand is above average, and that in part explains why the supply of oil continues to drain […]

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