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Morning Grains. 09/25/17

On September 25, 2017 - 12:27 PM By

DJ USDA Cold Storage: Totals-Sep 22
WASHINGTON (Dow Jones)–U.S. stocks of pork bellies in freezers
totaled 19.080 million pounds, in August, 8.4% above the previous
month, but 40.5% below August 2016, the U.S. Department Agriculture
said Friday.
In thousand pounds.
public
Aug 31 Jul 31 Aug 31 Jul […]

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Morning Softs. 09/25/17

On September 25, 2017 - 12:22 PM By

COTTON
General Comments: Cotton was mixed in consolidation trading. A quiet session came as the market waited to see the results of the European elections over the weekend and also to hear more reports of storm damage and to see the track of Maria and any other storms that might develop. The storm track […]

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We start off the week with Export Inspections at 10:00 A.M. and Crop Progress at 3:00 P.M. while watching the weather beginning harvest season. As we continue to contends with an active hurricane season in the Atlantic which is playing havoc with crazy weather conditions Mother Nature has been tossing our way which the Farmer’s […]

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Brent crude is being driven higher as tight distillate supply in Europe and expectations of low U.S. exports of distillates are making the market look very tight going into winter. Distillate or Ultra Low sulfur diesel is the strongest petroleum market as strong global demand and the impact from refinery shutdowns is making that market […]

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With autumn beginning and the weather feels like Mid-August it would not be an ideal time to visit the pumpkin patch as we start thinking Halloween and Thanksgiving. The Grains are trading higher in the overnight electronic session. This could lead to an interesting close given export and import news from China and South America […]

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As OPEC meets in Vienna,there is more evidence that the global oil market balance is underway, even as unbalanced North Korean Leader Kim Jong Un threatens to set off a hydrogen bomb. The oil market is waiting on OPEC and non-OPEC to give a signal about the future direction of oil production. Talk of an […]

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Morning Grains 09/21/17

On September 21, 2017 - 10:01 AM By

DJ Analysts’ Estimates for September USDA Cattle-on-Feed Report
The following estimates, as compiled by the Wall Street Journal for the nation’s feedyards with a capacity of 1,000 or more head, are in percentages of the year-earlier figure. High and low projections were dropped in the calculation of averages. The U.S. Department of Agriculture report […]

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Morning Softs 09/21/17

On September 21, 2017 - 9:47 AM By

COTTON
General Comments: Cotton was a little lower on speculative selling as the market kept an eye on the direction of Hurricane Maria. The storm track for the new systems is away from the US. There will probably be some quality losses from the previous storms, and USDA did show deteriorating quality on Monday […]

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This morning we kick off the day with Export Sales and Initial Jobs at 7:30 A.M. followed by EIA Gas Storage at 9:30 A.M. After yesterday’s FED decision, S&P Global Ratings cut China’s sovereign credit rating for the first time since 1999, citing the risk of from soaring debt, and revised its outlook to stable […]

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Diesel Dilemma. The Energy Report 09/21/17

On September 21, 2017 - 8:12 AM By

Oil prices hit a 4 month high on bullish data from the Energy Information Administration (EIA) strong global and US demand and the fact that oil products are at a multi-year low. That situation is not going to improve after Hurricane Maria dealt a devastating blow to Puerto Rico and St Croix, wiping out small […]

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AgMaster Report 09/20/17

On September 20, 2017 - 3:13 PM By

NOV SOYBEANS After the USDA issued yet another Bearish monthly crop report on Sept 12, Nov Beans – after an initial spike down to 20 lower – recovered to a Mid-range close & two days later had traded to its Sept highs – some 40 cents off the report-day lows!  This mkt action tells us […]

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Morning Grains 09/20/17

On September 20, 2017 - 10:43 AM By

DJ USDA Monthly Grain Inspections: Exported By Rail – Sep 20
MS_GR210
Minneapolis, MN Wed Sep 20, 2017 USDA MARKET NEWS
GRAINS INSPECTED AND/OR WEIGHED FOR EXPORT BY RAIL TO CANADA AND MEXICO
REPORT FOR MONTH ENDING AUGUST 2017
————————————————————————
Aug-17 Jul-17 Year to Date
CANADA Rail Cars […]

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