From the daily archives: Friday, February 2, 2018

We start off the day with six more weeks of winter according to that darn rodent but he is probably more accurate than the European or U.S. weather module. And the first Friday of the month we have the dreaded Unemployment data at 7:30 A.M. and with the way the economy is booming it won’t […]

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Morning Grains Report 02/02/18

On February 2, 2018 - 8:03 AM By

Alerts History
• 01-Feb-2018 02:00:47 PM – USDA SAYS 5.29 MLN TONS (176.422 million bu. ) OF U.S. SOYBEANS CRUSHED IN DECEMBER
USDA SAYS 5.29 MLN TONS OF U.S. SOYBEANS CRUSHED IN DECEMBER –
Alerts History
• 01-Feb-2018 02:00:49 PM – USDA SAYS 487.4 MILLION BUSHELS OF CORN USED FOR FUEL […]

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Morning Softs Report 02/02/18

On February 2, 2018 - 8:01 AM By

COTTON
General Comments: Cotton was sharply higher to limit up in early trading in reaction to the very strong export sales report. Some selling from producers and speculators took futures off the best levels of the day, but it was still a very firm close. The reports yesterday showed that world demand for Cotton […]

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Oil bears may have seen their shadows signaling at least 6 more months of a bull oil market. Or is it 6 years? Even with reports of U.S. oil production driving over 10 million barrels of oil a day, the decline in global oil stockpile continues to support the market. OPEC compliance to its production […]

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