Currently viewing the tag: "Futures"

Morning Softs 5/21/13

On May 21, 2013 - 10:32 AM By

DJ Table of China April Oilseed, Vegoil, Grain Imports Table of Imports by Grain, Oil Type and Origin (All figures in metric tons) Apr Change Jan-Apr Change in Tons on Year in Tons on Year Wheat Total 203,337 -30.69% 894,556 -36.75% Australia 82,486 -69.79% 240,641 -77.01% USA 63,040 +94033.09% 183,369 +52.34% Canada 57,750 – 463,827 [...]

Continue Reading

Morning Grains 5/21/13

On May 21, 2013 - 10:30 AM By

DJ USDA Grain Inspections For Export In Metric Tons-May 20 Source: USDA For the week ending May 16, in thousand metric tons. Includes waterway shipments to Canada. Grain ——-week ending——- current previous May 16 May 9 last mkt yr mkt yr year to date to date Wheat 575.6 652.8 683.4 26,294.3 27,144.5 Rye 0.0 0.0 [...]

Continue Reading

Natural gas futures advanced to the highest settlement price in almost three weeks on forecasts for above-normal temperatures that would boost demand for the power-plant fuel to run air conditioners. Gas gained 0.9 percent after Commodity Weather Group LLC in Bethesda, Maryland, predicted warmer-than-average weather in the Northeast and Great Lakes region through May 24. [...]

Continue Reading

Natural gas soars as gas exports are probably going to happen a lot faster than many thought and pain at the pump is back as refinery woes mess up the trend of lower prices. On Friday, Reuters News reported “The Obama administration opened the door to a new era of U.S. energy exports on Friday, [...]

Continue Reading

SAN FRANCISCO (MarketWatch) — Oil futures rose on Monday, buoyed by weakness in the U.S. dollar and optimism about the outlook for energy demand. Crude oil for June delivery  gained 69 cents to end at $96.71 a barrel on the New York Mercantile Exchange. The contract on Friday rose 86 cents to $96.02 a barrel [...]

Continue Reading

The Nemenoff Report 5/21/13

On May 21, 2013 - 9:15 AM By

Financials: June Bonds are currently 2 higher at 143’26 and the 10 Yr. Note 1 lower at 131’25.0. Treat as a trading affair between 143’00 and 146’0. We remain short the July Bond 141’00/147’00 strangle from the 68 point level. This strangle is currently at 72, 4 ticks against us. Grains: July Corn is currently [...]

Continue Reading

The Corn & Ethanol Report 5/21/13

On May 21, 2013 - 9:11 AM By

Good Morning! Oklahoma twisters devastated Oklahoma City and Moore with a direct hit on a grade school. My prayers go out to the people hit by these massive tornadoes. Scientist are once again trying to shed light on this weather phenomenon as weather patterns are in a flux. In the 1975 outbreak of a series [...]

Continue Reading

The Energy Report 5/21/13

On May 21, 2013 - 9:09 AM By

Getting Closer to the Top With gold and silver capitulating and treasuries yield rinsing oil will have to balance the bearish implications of the Fed taking about an exit strategy versus the disinflation that is now plunging Europe. With the Chicago Federal Reserve President Charles Evans saying that while monetary policy is right now but [...]

Continue Reading

The Windy City Trader 5/20/13

On May 21, 2013 - 9:00 AM By

Hello Fellow Traders, All the recent scandals emerging from Washington DC reminded me of a quote from the great economist Milton Friedman “If you put the federal government in charge of the Sahara Desert, in 5 years there would be a shortage of sand”. William Frejlich 312.264.4356 wfrejlich@pricegroup.com www.pricegroup.com This Week’s Commentary Metals: Gold and [...]

Continue Reading

Morning Grains 5/20/13

On May 21, 2013 - 8:59 AM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 118,458 lots, or 5.63 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest Jul-13 4,867 4,867 4,832 4,833 4,814 4,844 30 6 366 Sep-13 4,801 4,830 4,801 4,815 4,795 4,818 23 52,596 183,494 Nov-13 4,772 4,773 4,755 4,755 4,721 [...]

Continue Reading

The Nemenoff Report 5/20/13

On May 21, 2013 - 8:58 AM By

Financials: June Bonds are currently 16 higher at 144’15 and the 10 Yr. Notes 6.5 higher at 132’02.0. For the moment we are looking at the Bonds as a trading affair between 143’00 and 146’00. On Friday we sold the July Bond 141’00/147’00 strangle at 68 points which is currently trading at 66 points. Keep [...]

Continue Reading

Morning Softs 5/20/13

On May 21, 2013 - 8:57 AM By

COTTON General Comments: Futures were higher in range trading. The new crop months were firmer on the Informa planted área estimaters and forecasts for some rain in production áreas this week to keep planting slow. Ideas are that the demand can continue for now as China moves to increase its stocks and as private buyers [...]

Continue Reading