Currently viewing the tag: "Market Analysis"

Morning Grains 8/21/14

On August 21, 2014 - 9:42 AM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 285,464 lots, or 12.86 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest Sep-14 4,456 4,459 4,433 4,442 4,453 4,443 -10 3,930 25,574 Nov-14 4,482 4,490 4,471 4,471 4,504 4,485 -19 12 172 Jan-15 4,523 4,537 4,480 4,490 4,530 [...]

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Morning Softs 8/21/14

On August 21, 2014 - 9:36 AM By

COTTON General Comments: Futures closed higher on follow through buying as USDA showed a bigger drop in crop condition rating tan had been expected by the trade. Traders had expected USDA to show about unchanged ratings. Further Support came from forecasts for hot and dry weather to develop over the next few days in West [...]

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As we brace for hot and humid weather that we should have expected well before the upcoming Labor Day weekend. The Farmer’s Almanac predicted a colder winter and another hotter summer. These extremes are not what the doctor ordered. Grain prices are doing their best to rebound in this oversold market. Fundamentally Wheat should lead [...]

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Decouple? The Energy Report 8/21/14

On August 21, 2014 - 9:25 AM By

In the beginning of the financial crisis they were trying to tell us that the sub-prime problems really did not matter and even if it did it was a US problem. They said that even if the US banking system had some issues it was ok because the Europe and China had decoupled from the [...]

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Morning Grains 8/20/14

On August 20, 2014 - 9:44 AM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 271,608 lots, or 12.32 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest Sep-14 4,465 4,467 4,438 4,464 4,457 4,453 -4 3,240 27,636 Nov-14 4,504 4,504 4,504 4,504 4,524 4,504 -20 2 172 Jan-15 4,560 4,565 4,514 4,533 4,560 [...]

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Morning Softs 8/20/14

On August 20, 2014 - 9:16 AM By

COTTON General Comments: Futures closed slightly higher as USDA showed a bigger drop in crop condition rating tan had been expected by the trade. Traders had exp3cted USDA to show about unchanged ratings. However, USDA showed that the condition of the crop dropped in the last week, although overall ratings remain good to very good. [...]

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Financials: Sept. Bonds are currently 2 higher at 139’27, 10 Yr. Notes unchanged at 126’07 and 5 Yr. Notes 1 lower at 119’25. I am using this break to take a loss on current long 10 Yr./short Bond spreads in the 13’20 area (theoretical loss of about $1,250.00). I’m still short biased the interest rate [...]

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In the overnight electronic session the September Corn is currently trading at 360 ¼ which 2 ¼ cents lower. The trading range has been 362 to 359 ¾ so far. The oversold market is looking for a reason to bounce and just can’t seem to find a reason with the weather and now harvest approaching [...]

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Oil’s slide continue yesterday with Brent crude hitting a new low not seen since June 26 of 2013 but we are seeing oil snapback as we head in to expiration of the Sept WTI.  Oil prices that rallied like crazy on geopolitical risk are now collapsing on the reduction of those risks and the surge [...]

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Morning Grains 8/19/14

On August 19, 2014 - 10:02 AM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 325,736 lots, or 14.87 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest Sep-14 4,489 4,497 4,443 4,452 4,486 4,457 -29 11,676 28,896 Nov-14 4,524 4,524 4,524 4,524 4,568 4,524 -44 2 174 Jan-15 4,597 4,601 4,539 4,558 4,588 [...]

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Morning Softs 8/19/14

On August 19, 2014 - 9:10 AM By

COTTON General Comments: Futures closed lower again yesterday as the trade anticipated good crop condition ratings from USDA. However, USDA showed that the condition of the crop dropped in the last week. The market remains in a short term trading range. Charts show that prices could easily move lower in the short term and buyers [...]

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As we look ahead to a record Grain crop we have to think what competitors are thinking. Will they hold back at these price levels? Most likely they will. The only good sign I see at the moment is cheaper prices for feed in the Livestock sector. In the overnight electronic session the September Corn [...]

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