Currently viewing the tag: "Futures"

[Myra Saefong, MarketWatch] Disruptions in Libya add further support to oil. Oil prices rallied Wednesday, settling at their highest level in roughly three weeks after data from the Energy Information Administration showed a weekly rise in U.S. crude inventories that was below some market forecasts, along with bigger-than-expected declines in gasoline and distillate stockpiles. Disruptions […]

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2017 US Prospective Plantings 03/29/17

On March 29, 2017 - 12:09 PM By

After last fall’s wheat seedings drop, only beans & cotton growing acres. Market analysis report from Senior Grain Strategist Jerry Gidel. View report by clicking here (PDF). Jerry Gidel 141 West Jackson Blvd., Suite 1340A, Chicago, Illinois 60604
312 264 4369 (Direct) | 800 769 7021 (Main) | 312 264 4399 (Fax)
www.pricegroup.com […]

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[Daniel J. Graeber, UPI] Brexit concerns, U.S. oil inventories and production problems for OPEC members are all in play, according to market analysts. Traders shrugged off data indicating supply-side strains to focus more on lower production from OPEC members, sending oil prices higher early Wednesday. Crude oil prices posted gains Tuesday after a review of […]

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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 […]

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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 […]

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As Taxation without representation is reverberating around the world I pray the U.S. politicians see the error in their ways. And Brexit unfolding and the revolution seems to be gaining further strength from the people. While they get fat and play the George Soros card “I’m from the government so do what I say”, that […]

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Oil prices are on the rise as Libya’s state-run National Oil Corp. declares a force majeure on loadings of Sharara crude from the Zawiya oil terminal and on loadings of Wafa field condensate from the Mellitah terminal and drop-in oil inventory at the Cushing, Oklahoma NYMEX delivery point. That was the first drop in five […]

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[Myra Saefong, MarketWatch] Oil prices climbed Tuesday, buoyed by disruptions to Libyan crude production and talk of a six-month extension to an OPEC-led pact to limit global output. May West Texas Intermediate crude oil CLK7, +1.93% —the U.S. benchmark—traded 43 cents, or 0.9%, higher at $48.16 a barrel on the New York Mercantile Exchange, after […]

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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 […]

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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 […]

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Keeping the promise of reversing the Keystone Pipeline ban President Trump is poised to sign an order with sweeping away the last administrations climate policies that were unfriendly to the Oil Industry, a jobs killer and bad for the economy who’s GDP could not grow past 3% percent which is anemic. Reuters released some of […]

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Dove. The Energy Report 03/28/17

On March 28, 2017 - 7:54 AM By

Dovish comments from the Chicago Fed President Charles Evans, give oil a bit of a boost offsetting worries about President Trump’s failed Healthcare Reform Act vote. The Fed may have President Trumps back. After speaking at a conference in Madrid, Spain, the Chicago Fed president signaled that perhaps the Fed might not raise rates as […]

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