From the daily archives: Thursday, February 1, 2018

Morning Grains Report 02/01/18

On February 1, 2018 - 12:27 PM By

DJ USDA U.S. Cattle Inventory: Totals/Calf Crop-Jan 31
Cattle and Calves: Number by Class and Calf Crop,
United States, January 1, 2017-2018
2018 as
Class 2017 2018 % of 2017
—– 1,000 Head —- Percent
Cattle and Calves 93,704.6 94,399.0 101
Cows and Heifers […]

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Morning Softs Report 02/01/18

On February 1, 2018 - 9:49 AM By

General Comments: Cotton was a little higher as the big speculative selling seen in the last few days started to dry up and as commercials used the current price break to fix some on call purchases. The weekly charts suggest that a bigger correction might be coming as futures could work lower in […]

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We kickoff February with Export Sales and Jobless Claims at 7:30 A.M., Construction Spending and ISM Manufacturing Index at 9:00 A.M., EIA Gas Storage at 9:30 A.M. and Cotton System, Dairy Products, Fats & Oils and Grain Crushing at 2:00 P.M. On the Corn front you just can’t trust Mother Nature or the weather forecasts. […]

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Dollar remains weak.
Financials: Mar. Bonds are currently 20 lower at 147’06, 10 Yr. Notes 7 lower at 121’11 and 5 Yr. Notes 3.5 lower at 114’19.2. Yesterday the FOMC left rates unchanged but in the meetings language left the door open for a March rate hike citing expected inflation of 2% for 2018, […]

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Bubble Talk. The Energy Report 02/01/18

On February 1, 2018 - 7:53 AM By

Is talk of a bubble in stocks, bonds, and oil double talk? Alan Greenspan is a warning of a bubble in stocks and bond king Bill Gross is warning about a bubble in bonds and now some analysts are saying that oil is in a bubble.  If Alan Greenspan is right about the stock market […]

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