Currently viewing the tag: "Morning Softs"

Morning Softs 10/1/14

On October 1, 2014 - 10:06 AM By

COTTON General Comments: Futures closed lower on ideas of good production under good conditions to finish the crop in all production areas of the US and uncertain demand. China continues to withdraw from the world market in order to promote use of domestic production and reduce government stocks. The stocks owned by the government are [...]

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Morning Softs 9/30/14

On September 30, 2014 - 10:05 AM By

COTTON General Comments: Futures closed lower on ideas of good production under good conditions to finish the crop in all production areas of the US and uncertain demand. China continues to withdraw from the world market in order to promote use of domestic production and reduce government stocks. The stocks owned by the government are [...]

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Morning Softs 9/29/14

On September 29, 2014 - 10:28 AM By

COTTON General Comments: Futures closed higher on some short covering to end the week. China continues to withdraw from the world market in order to promote use of domestic production and reduce government stocks. The stocks owned by the government are huge and could last for two years of normal consumption. China is now shifting [...]

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Morning Softs 9/26/14

On September 26, 2014 - 10:21 AM By

COTTON General Comments: Futures closed a little lower as the export sales report was stronger than anticipated. China continues to withdraw from the world market in order to promote use of domestic production and reduce government stocks. The stocks owned by the government are huge and could last for two years of normal consumption. China [...]

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Morning Softs 9/25/14

On September 25, 2014 - 9:19 AM By

COTTON General Comments: Futures closed lower as China continues to withdraw from the world market in order to promote use of domestic production and reduce government stocks. The stocks owned by the government are huge and could last for two years of normal consumption. China is now shifting to a target Price and will compensate [...]

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Morning Softs 9/24/14

On September 24, 2014 - 10:00 AM By

COTTON General Comments: Futures closed a little higher in recovery trading. October was sharply lower as that month went into deliveries. Three Contracts were delivered on after the close. Support came from better tan expected Chinese economic data, but the better data does not imply that China will be a huge importer this year as [...]

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Morning Softs 9/23/14

On September 23, 2014 - 10:14 AM By

COTTON General Comments: Futures closed lower in response to ideas that demand can stay poor. The concerns over Chinese demand came back, as China is now shifting to a target Price and will compensate farmers with cash if the target price is not hit. The move could cut import demand and will reduce the need [...]

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Morning Softs 9/22/14

On September 22, 2014 - 10:21 AM By

COTTON General Comments: Futures closed lower in response to a week of poor US export sales and ideas that demand can stay poor. The concerns over Chinese demand came back, as China is now shifting to a target Price and will compensate farmers with cash if the target price is not hit. The move could [...]

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Morning Softs 9/19/14

On September 19, 2014 - 9:58 AM By

COTTON General Comments: Futures closed lower in response to a week of poor US export sales. US production conditions remain mostly good, and so far there have been no reports of damage to crops from big rains reported in the Southwest the last couple of days. Up side potential in prices should be limited as [...]

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Morning Softs 9/18/14

On September 18, 2014 - 9:59 AM By

COTTON General Comments: Futures closed a little higher in moderate volume trading. US production conditions remain mostly good, but some potential for some big rains in Arizona and Texas from the Mexican hurricane could damage crops. Up side potential in prices should be limited as the world production potential remains large. USDA showed that India [...]

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Morning Softs 9/17/14

On September 17, 2014 - 10:31 AM By

COTTON General Comments: Futures closed lower again yesterday on some follow through selling. US production conditions remain mostly good, and it looks like the bullish effects from the smaller tan expected USDA production reports have made their way into the price. USDA showed the potential for smaller production here, but production ideas from USDA around [...]

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Morning Softs 9/16/14

On September 16, 2014 - 10:15 AM By

FSA PLANTINGS DATA VIA REUTERS U.S. corn and soybean plantings Prevented planting (thousands of acres) Crop Sept 2014 Aug 2014 Sept 2013 Corn 1,582 1,540 3,573 Soybeans 841 827 1,687 Wheat 1,376 1,360 1,977 Rice 234 226 418 Barley 56 54 126 Sorghum 72 70 180 Cotton-Upland 86 84 205 U.S. corn and soybean plantings [...]

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