Currently viewing the tag: "Energies"

Whether it is a change in the weather or change in investors feelings about yields or just plain profit taking creating a short covering rally the Grain are moving noticeably higher. In the overnight electronic session the September Corn is currently trading at 371 which is 3 ¼ cents higher. The trading range has been [...]

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The Federal Reserve takes out its reference to stabilizing oil prices and the Saudis are dropping hints of an oil production cut. This comes as U.S. oil production sputters and inventories falls. We may have just hit a bottom as oil companies quickly react and probably overreact July’s oil price crash. The Federal Reserve, in [...]

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Hot humid weather coupled with rains last night dampened the Corn bull’s spirits. In the overnight electronic session the September contract is currently trading at 370 which is 5 cents lower. The trading range has been 377 ¾ to 369 so far. I am still anticipating an interesting Crop Progress and USDA Supply/Demand report on [...]

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Common Sense! The Energy Report 7/29/15

On July 29, 2015 - 9:08 AM By

While Secretary of State John Kerry defended lifting sanctions on Iran the question came up as if we should lift the sanctions on U.S. oil exporters. Senator Murkowski, of Alaska, brought the issue to the forefront by asking the question that “if we are going to allow Iran to sell their oil on the global [...]

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The Stock Market rebounded and the Corn market did not unlike other Grains in the complex with Soybeans, Wheat and Oats trading higher. In the overnight electronic session the September Corn is currently trading at 372 which is 1 cent lower. The trading range has been 375 to 371 ½ so far. I do expect [...]

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Oil Prices are still under pressure after a volatile Chinese stock market trade and a big miss by BP. BP reported a loss of 5.8 billion dollars in the second quarter as oil prices plummeted and lost revenue due to maintenance in the Gulf of Mexico and a whopping 432 million dollar write-down due to [...]

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Equities lower as China slows.

On July 27, 2015 - 8:12 AM By

Financials: Sept. Bonds are currently 30 higher at 155’17, 10 Yr. Notes 9.5 higher at 127’00.5 and 5 Yr. Notes 5 higher at 119’18.5. German 10 Yr. Bunds are 24 higher at 154.09. “Risk off” has favored treasuries over the last few sessions as equities declined over Chinese slowdown and gov’t. backing off from support [...]

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In the overnight electronic session the September Corn is getting pasted currently trading at 381 which is 11 ½ cents lower. The trading range has been 389 ¼ to 380 ¼ so far. The weather we experiences in the Mid-west this weekend was a bearish factor. However, I anticipate this crop to be damaged and [...]

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The biggest drop in the Chinese stock market in 8 years is hurting the already battered commodity complex and is having larger ramifications across the energy sector. The Shanghai Composite Index slid 8.5%, its worst daily percentage fall since February 2007. This could add to more cuts in the energy industry as they try to [...]

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The weak PMI reading from China will only reinforce negative sentiment towards commodities. Demand numbers could fall off the map which commodities are pricing in. Demand could pick up on further policy easing. Investors are also concerned about softer numbers in the euro-zone and is too soon the “all clear” on contagion risk from the [...]

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While many have been waiting years for the China bubble to burst it seems that maybe that time is here, or at least that is what the commodity markets are telling us. Just when it seemed that Commodities were ready to rebound we saw one of the world’s biggest hedge fund and outspoken China bull [...]

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by CNBC via Reuters Oil turned lower in choppy trading on Thursday after the dollar trimmed early losses and on concerns about ample global supply and demand for petroleum. “The dollar recovered from its lows and there is just a negative mood in commodities and for oil there is the worry that the global economy [...]

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