Currently viewing the tag: "Grains"

Financials: Sept. Bonds are currently 28 lower at 136’20, 10 Yr. Notes 10 lower at 124’11 and 5 Yr. Notes 5 lower at 118’21. Weekly Jobless Claims this morning were in the range of expectations being up by 23,000. Yesterday the FOMC left rates unchanged, continued paring the monthly purchase of Bonds and mortgage backed [...]

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Morning Grains 7/31/14

On July 31, 2014 - 10:50 AM By

WHEAT General Comments: Prices closed higher on what appeared to be speculative short covering. The weather in western Europe has turned drier, but there are still forecasts for rain and the potential for quality loss is still there. Russian prices moved lower again. The harvest and growing weather remains very good in Russia and Ukraine, [...]

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Morning Grains 7/30/14

On July 30, 2014 - 10:04 AM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 78,470 lots, or 3.46 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest Sep-14 4,436 4,447 4,423 4,447 4,449 4,437 -12 4,192 84,810 Nov-14 – – – 4,413 4,413 4,413 0 0 170 Jan-15 4,406 4,420 4,374 4,419 4,428 [...]

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Financials: Sept. Bonds are currently 16 lower at 138’14, 10 Yr. Notes 13 lower at 124’31 and 5 Yr. Notes 9 lower at 118’28’. GDP for 2nd quarter was up 4.0% better than the expected +3.0%. 1st quarter was revised to -2.1%. ADP private sector jobs report showed an estimated increase of 218K vs. a [...]

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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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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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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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Financials: Sept. Bonds are currently 14 higher at 138’10, 10 Yr. Notes 3.5 higher at 125’05 and 5 Yr. Notes 1.2 higher at 119’02.7. Yesterday’s positive weekly Jobless Claims number (20,000 less than expected) took the Bonds down to the 137’28 level (Thurs. close) only to rally partially back to present levels after the release [...]

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Morning Grains 7/24/14

On July 24, 2014 - 10:21 AM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 86,914 lots, or 3.79 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest Sep-14 4,413 4,422 4,392 4,397 4,402 4,401 -1 6,702 90,842 Nov-14 – – – 4,374 4,374 4,374 0 0 170 Jan-15 4,362 4,369 4,334 4,349 4,361 [...]

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