From the daily archives: Tuesday, January 23, 2018

Morning Grains 01/23/18

On January 23, 2018 - 10:33 AM By

DJ USDA Grain Inspections for Export in Metric Tons – Jan 22
COUNTRY OF DESTINATION IS REPORTED AS KNOWN AT THE TIME OF EXPORTATION.
INFORMATION CONTAINED IN THIS REPORT REFLECTS EXPORTED GRAIN INSPECTED AND
WEIGHED THROUGH GIPSA’S AUTHORITY UNDER THE U.S. GRAIN STANDARDS ACT.
NO ADDITIONAL ANALYSIS, COMPILATIONS OR DATA IS […]

Continue Reading

Morning Softs 01/23/18

On January 23, 2018 - 10:32 AM By

COTTON
General Comments: Cotton was near unchanged yesterday after trading both sides of unchanged. Trends remain up. Current buying is reflecting the fact that merchants need to buy futures to cover on call positions. The weekly On Call report isssued on Friday showed that more Cotton needs to be bought in the futures market. […]

Continue Reading

Corn continues to go nowhere fast as the market continues to flirt with 350 and does not seem to budge too far away from that number one way or another. In the overnight electronic session the March Corn is currently trading at 350 ¾ which is 1 ¼ of a cent lower. The trading range […]

Continue Reading

Oil prices are consolidating as the global economic forecasts are driving demand expectations higher as U.S. oil inventories continue to plunge. After a record one week drop in supply last week, at Cushing Oklahoma, the market is getting ready for yet another steep drop at that point. This comes as the International Monetary Fund (IMF), […]

Continue Reading