Currently viewing the tag: "Jack Scoville"

Morning Grains 03/29/17

On March 29, 2017 - 10:14 AM By

DJ Survey: Mar. 1 Quarterly Grain, Soybean Stockpiles Estimates
CHICAGO–The following are analysts’ estimates in millions of bushels for March 1 quarterly U.S. grain and soybean stockpiles, as compiled by The Wall Street Journal. The U.S. Department of Agriculture is scheduled to release updated tables at noon ET on Friday.
U.S. Stockpiles on […]

Continue Reading

Morning Softs 03/29/17

On March 29, 2017 - 10:12 AM By

Price Group Estimates of Major U.S. Planting Levels*
USDA Ag Forum Price Change
15/16 16/17 17/18 E- 17/18 vs. 2015/16 Corn 88.00 94.00 90.00 90.28 -3.724
Beans 82.65 83.43 88.00 88.30 4.867
Sprg Wht 13.37 11.61 11.52 11.35 -0.255
Durum 1.95 2.41 2.10 2.08 -0.337
Winter 39.68 36.14 32.38 […]

Continue Reading

Morning Grains 03/28/17

On March 28, 2017 - 11:24 AM By

DJ USDA Grain Inspections for Export in Metric Tons – Mar 27
Source: USDA
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 […]

Continue Reading

Morning Softs 03/28/17

On March 28, 2017 - 11:23 AM By

COTTON
General Comments: Cotton futures closed lower on what appeared to be speculative long liquidation. The selling is coming before the USDA reports at the end of the week that will likely show the potential for a big US crop. Export demand has remained strong and has been stronger than expected by USDA and […]

Continue Reading

Morning Grains 03/27/17

On March 27, 2017 - 10:54 AM By

DJ USDA Cattle On Feed: 7-State 1,000+ Lots Totals-Mar 24
WASHINGTON–U.S. cattle on feed for slaughter market in the historic 7
states for feedlots with capacity of 1,000 or more totaled 9.312 million, up
0.3% from the previous year, the U.S. Department of Agriculture said Friday.
NOTE: This table was compiled […]

Continue Reading

Morning Softs 03/27/2017

On March 27, 2017 - 10:52 AM By

COTTON
General Comments: Cotton futures closed slightly higher in the nearby months, but slightly lower in deferred months. The market was anticipating another strong week of export demand and the trade got what it was looking for on Thursday. Now the market will shift attention to the USDA plantings intentions reports that could show […]

Continue Reading

Morning Grains. 03/24/17

On March 24, 2017 - 10:27 AM By

WHEAT
General Comments: Wheat closed lower on more selling related to forecasts for increased chances for precipitation over the next couple of weeks. The export sales report was strong, but wire reports indicated that world Wheat prices were weaker yesterday. Overall US Wheat prices are very competitive in the world market. Trends are down […]

Continue Reading

Morning Softs. 03/24/17

On March 24, 2017 - 10:21 AM By

COTTON
General Comments: Cotton futures closed slightly lower after trading higher in the first part of the day. The market was anticipating another strong week of export demand and the trade got what it was looking for as the sales were in fact very strong once again. Cotton remains mostly a demand story as […]

Continue Reading

Morning Grains. 03/23/17

On March 23, 2017 - 10:31 AM By

DJ USDA Cold Storage: Totals-Mar 22
WASHINGTON (Dow Jones)–U.S. stocks of pork bellies in freezers
totaled 16.152 million pounds, in February, 15.4% above the previous
month, but 73.7% below February 2016, the U.S. Department Agriculture
said Wednesday.
In thousand pounds.
public
Feb 28 Jan 31 Feb 29 Jan […]

Continue Reading

Morning Softs. 03/23/17

On March 23, 2017 - 9:36 AM By

COTTON
General Comments: Cotton futures closed higher after holding Support on the daily charts. The market was anticipating another strong week of export demand. Cotton remains mostly a demand story as US export demand has been stronger than any trade expectations so far this year. The demand for US Cotton remains solid despite the […]

Continue Reading

Morning Softs. 03/21/17

On March 21, 2017 - 9:40 AM By

COTTON
General Comments: Cotton futures closed mixed, with nearby May moving lower, but new crop months moving higher. The daily charts show that May hit first targets for the move and then found some big long liquidation and new selling interest. The weekly charts show that the current up trend is now one year […]

Continue Reading

Morning Grains. 03/20/17

On March 20, 2017 - 10:21 AM By

WHEAT
General Comments: Wheat closed slightly higher on Friday and near the highs of the week. It was a strong week as futures markets held support areas. Follow through buying this week could imply that a major low has been found and that a new up trend is underway that could push nearby Chicago […]

Continue Reading