Posts by: Jack Scoville

Morning Grains. 05/26/17

On May 26, 2017 - 12:44 PM By

Alerts History
• 25-May-2017 07:30:00 AM – IGC MAINTAINS FORECAST FOR 2017/18 WORLD CORN CROP AT 1.026 BILLION TONNES
• 25-May-2017 07:30:00 AM – IGC MAINTAINS FORECAST FOR 2017/18 WORLD WHEAT PRODUCTION AT 736 MILLION TONNES
IGC maintains forecasts for 2017/18 global corn, wheat crops – Reuters News
25-May-2017 07:30:00 AM

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Morning Softs. 05/26/17

On May 26, 2017 - 9:19 AM By

COTTON
General Comments: Cotton was mixed in quiet trading. The charts show July has now returned to the previous trading range. Trends are down, but futures are finding Support at current price levels, perhaps from mil price fixing. Cotton has become available to the market as the rally has brought Cotton into the cash […]

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Morning Grains. 05/25/17

On May 25, 2017 - 11:45 AM By

DJ U.S. Export Sales: Weekly Sales Totals – May 25
For the week ended May 18 in thousand metric tons, except cotton in
thousand running bales. Net changes in commitments are gross sales,
less cancellations, buy-backs and other downward adjustments. Total
commitments are total export shipments plus total sales.
The […]

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Morning Softs. 05/25/17

On May 25, 2017 - 10:03 AM By

COTTON
General Comments: Cotton was higher in recovery trading. It looks like the sellers decided to take the day off and futures were able to recover. The charts show July has now returned to the previous trading range. Trends are down. Cotton has become available to the market as the rally has brought Cotton […]

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Morning Softs. 05/24/17

On May 24, 2017 - 9:46 AM By

COTTON
General Comments: Cotton was lower on follow through selling tied to ideas that crop conditions have improved in the southern Great Plains and into the Delta and Southeast. The charts show July has now returned to the previous trading range and that prices are still weakening. Trends are down. Cotton has become available […]

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Morning Grains. 05/24/17

On May 24, 2017 - 9:43 AM By

WHEAT
General Comments: Wheat closed lower in all three markets as the USDA crop condition ratings held better than expected and actually showed some improvement in the national data and also in the state of Kansas. The market was caught by surprise by the better crop ratings, but these improved ratings might not hold […]

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Morning Grains. 05/23/17

On May 23, 2017 - 1:10 PM By

DJ USDA Grain Inspections for Export in Metric Tons – May 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 […]

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Morning Softs 05/23/17

On May 23, 2017 - 1:07 PM By

Crop Progress
Date 21-May 14-May 2016 Avg
Cotton Planted 52 33 45 50
Corn Planted 84 71 84 85
Corn Emerged 54 31 58 55
Soybeans Planted 53 32 53 52
Soybeans Emerged 19 8 20 21
Sorghum Planted 37 32 36 41
Rice Planted 91 83 […]

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Morning Softs. 05/22/17

On May 22, 2017 - 10:19 AM By

COTTON
General Comments: Cotton was a little higher in recovery trading to finish the week. The charts show July has now returned to the previous trading range. The explosion higher ended as soon as it began the last week. Cotton has become available to the market as the rally has brought Cotton into the […]

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Morning Grains. 05/22/17

On May 22, 2017 - 10:16 AM By

WHEAT
General Comments: Wheat closed higher as more bad weather was forecast for the Great Plains. It was cold there again last week, and Denver got some May snow. Other areas got more rain as well as some big storms. More wet weather is forecast for this week. The demand for US Wheat is […]

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Morning Grains 05/19/17

On May 19, 2017 - 10:36 AM By

WHEAT
General Comments: Wheat closed steady to lower and held well considering the weakness in Corn and especially Soybeans. However, the demand for US Wheat is holding well in world export markets and provided some support.. Egypt bought US Wheat this week, and this is the first time that Egypt has bought US Wheat […]

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Morning Softs 05/19/17

On May 19, 2017 - 10:03 AM By

COTTON
General Comments: Cotton was lower. The charts imply that the current up move is over as July has now returned to the previous trading range. Cotton has become available to the market as the rally has brought Cotton into the cash market and also into certified stocks. The push to the highs might […]

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