Currently viewing the tag: "Futures"

Jonathan Crawford | Bloomberg. U.S. natural gas futures climbed to a two-month high as unseasonably hot weather boosted demand from power plants and a tropical storm in the Gulf of Mexico curtailed gas production. Above-average warmth is expected across much of the central and eastern U.S. Sept. 5 through Sept. 9, according to the Weather […]

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ALISON SIDER and NEANDA SALVATERRA | The Wall Street Journal. U.S. stockpiles of crude oil and refined products rose 4.5 million barrels in the week ended Aug. 26. Oil prices fell Wednesday after weekly inventory data showed that U.S. stockpiles of crude oil increased to a record high. U.S. stockpiles of crude oil and refined products […]

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AgMaster Report 8/31/16

On August 31, 2016 - 2:58 PM By

NOV BEANS Since late July, Nov Beans have been locked in a 70 cent range (950-1020)! Extreme skepticism about the USDA Aug 12 Report of a 4.06BB crop drove the mkt up to 1020 & revelations by the Pro Farmer Tour that the crop was indeed as big as the USDA thought – seeped into […]

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Morning Grains 8/31/16

On August 31, 2016 - 10:29 AM By

DJ CBOT Delivery Intentions: Totals – Aug 31
Source: CME Group
Contract Quantity Next Trade
Commodity Month Delivery Day Assigned Today Date Available
SOYBEAN OIL September Sep. 01, 2016 985 Aug 25, 2016
ROUGH RICE September Sep. 01, 2016 114 Jun 23, 2016
CORN September Sep. 01, 2016 440 […]

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Morning Softs 8/31/16

On August 31, 2016 - 10:27 AM By

COTTON
General Comments: Cotton futures closed lower as the weather forecasts called for generally good conditions for the crops. USDA showed improvement in its reports on Monday night to go along with good developmental progress. US weather conditions remain variable as there are more systems in the Atlantic that could eventually move into Cotton […]

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Oil traders are finding out that at least right now, the dollar is stronger than tropical depression number 9. Oil started out higher on Tuesday and really reversed course after the Consumer Confidence number blew away expectations hitting 101.1 in August way above 97.0 expected which caused a surge in the dollar and a reversal […]

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Morning Grains. 08/30/16

On August 30, 2016 - 9:59 AM By

Crop Progress
Date 21-Aug 14-Aug 2015 Avg
Cotton Setting Bolls 95 92 91 94
Cotton Bolls Opening 23 16 20 23
Corn Dough 92 85 90 87
Corn Dented 60 40 54 52
Corn Mature 9 8 11
Soybeans Setting Pods 94 89 91 92
Soybeans Dropping […]

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Morning Softs. 08/30/16

On August 30, 2016 - 9:53 AM By

COTTON
General Comments: Cotton futures closed lower as the weather forecasts called for generally good conditions for the crops. The System affecting Florida now and later this week should miss most Cotton areas in the Delta and Southeast. Texas is getting just enough rain now to maintain crop condition. USDA showed improvement in its […]

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Financials: Dec. Bonds are currently 4 lower at 170’17, 10 Yr. Notes 1 lower at 130’30.5, 5 Yr. Notes 1 lower at 121’07 and June 2017 Eurodollars unchanged at 98.970. Recent comments by the Fed, FOMC minutes and Chairwoman Yellen’s comments from Jackson Hole, have been interpreted as somewhat hawkish. By this I mean the […]

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The active storm season in the Atlantic is posing another threat to the U.S. southern energy hub that deals with movement of Crude Oil and Natural Gas. The critical area that has investors’ attention is the Henry Hub in Earth, Louisiana to the Houston Shipping Channel and pipelines in Galveston. This tricky storm is located […]

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The National Hurricane Center says that tropical depression number nine is expected to strengthen soon but is already impacting oil and gas production. The Bureau of Safety and Environmental Enforcement (BSEE) says that tropical depression number 9 in the Gulf of Mexico is causing precautionary shut downs of offshore oil and gas operations that is […]

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Morning Grains. 08/29/16

On August 29, 2016 - 10:39 AM By

WHEAT
General Comments: Wheat closed lower on follow through selling. Worries about demand hurt futures, but much of the selling came from speculators looking at chart patterns and deciding to sell. That means that the current down move might be a very good chance to buy and extend coverage. US demand has not been […]

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