Currently viewing the tag: "Fundamental Analysis"

Morning Grains 7/29/14

On July 29, 2014 - 9:31 AM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 173,624 lots, or 7.70 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest Sep-14 4,453 4,463 4,444 4,446 4,441 4,449 8 13,744 86,238 Nov-14 – – – 4,413 4,386 4,413 27 0 170 Jan-15 4,415 4,449 4,410 4,422 4,379 [...]

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Morning Softs 7/29/14

On July 29, 2014 - 9:27 AM By

COTTON General Comments: Futures closed higher in recovery trading. There was no news to push prices lower, and some recovery was possible given the extreme price weakness seen late last week Demand remains a problem as China remains mostly out of the market. The lack of Chinese buying reflects in part the moves by the [...]

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Today we will start in the Natural Gas arena as the news of this disturbance that is 1000 mile west-southwest of the Cape Verde Islands is becoming better defined and could make and impact on Natural Gas prices. The shower and thunderstorm activity continues to gradually organize, a tropical depression could form during the next [...]

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BP is warning that Russian sanction might have an adverse effect on their bottom line not to mention the global economy as well. As Europe seems to be slipping back into deflation war worries continue to support oil and are widening the Brent/ WTI spread this morning. The spread is killing European refining margins and [...]

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This is the favorite time of year for Chicago sports fans for many reasons. It is the start of training camp for Da Bearssss. This is in part due to Chicago fans undying love for the Bears but also largely in part to the fact that our “professional” baseball teams, the Sox and Cubs are [...]

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Financials: Sept. Bonds are currently 6 lower at 138’`5, 10 Yr. Notes 4 lower at 125’05 and 5 Yr. Notes 2.5 lower at 119’03. This will be a busy week for release of economic data, the most important of which will GDP on Wed., FOMC on Wed. and the Monthly Jobs Report on Fri. I [...]

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Morning Grains 7/28/14

On July 28, 2014 - 9:51 AM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 135,624 lots, or 5.96 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest Sep-14 4,401 4,453 4,401 4,447 4,396 4,441 45 17,822 91,888 Nov-14 4,386 4,386 4,386 4,386 4,370 4,386 16 2 170 Jan-15 4,360 4,405 4,353 4,399 4,346 [...]

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Morning Softs 7/28/14

On July 28, 2014 - 9:12 AM By

COTTON General Comments: Futures closed lower again. Demand remains a problem as China remains mostly out of the market. The lack of Chinese buying reflects in part the moves by the government to sell Cotton into the domestic market and to reduce stocks in warehouses. World supplies remain strong and ideas are that the US [...]

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This Monday morning we will start off with the Crude Oil market. In the overnight electronic session the September contract is currently trading at 10176 which are 33 points lower at this writing. The trading range has been 10210 to 10139 so far. At this time the market is not overreacting to events in Libya [...]

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Record US refining run is driving down gas prices even as oil prices rise due to geopolitical risk. The Lundberg survey shows that gas prices have fallen 9 cents a gallon in the last 2 weeks.  Lundberg says that the average price for regular gasoline at U.S. pumps dropped 9.04 cents in the two weeks [...]

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I like to compare the prices of different proteins, beef, pork, poultry and fish. Everyone is aware of the recent price surges of beef and pork, in particular, and the reasons why their supply has been curtailed. A normal reaction to these supply disruptions would be a rapid expansion of the U.S. chicken flock. That [...]

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Morning Grains 7/25/14

On July 25, 2014 - 9:59 AM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 60,186 lots, or 2.62 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest Sep-14 4,399 4,404 4,392 4,397 4,401 4,396 -5 3,498 90,304 Nov-14 – – – 4,370 4,374 4,370 -4 0 170 Jan-15 4,348 4,361 4,333 4,343 4,352 [...]

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