Currently viewing the tag: "Morning Softs"

Morning Softs 1/28/15

On January 28, 2015 - 10:02 AM By

COTTON General Comments: Futures closed near unchanged. Some news that India is ready to offer Cotton into the world market was considered negative early, but the selling did not last long as the US Dollar fell apart. Economic worries returned after some por earnings reports were seen in the stock market. Ideas are that overall [...]

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Morning Softs 1/27/15

On January 27, 2015 - 10:35 AM By

COTTON General Comments: US markets turned higher in range trading. Ideas are that demand is starting to improve, with domestic mills more interested in buying and with strong export sales reports from USDA for two weeks in a row. China was a featured buyer of US Cotton over the last two week. But, the market [...]

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Morning Softs 1/26/15

On January 26, 2015 - 10:36 AM By

COTTON General Comments: US markets turned lower in response to the sharp rally in the US Dollar and on demand concerns. The move lower continued on Friday despite a second strong week of export sales. China was once again a featured buyer of US Cotton last week. But, the market remains more concerned with overall [...]

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Morning Softs 1/23/15

On January 23, 2015 - 12:34 PM By

COTTON General Comments: Prices were lower as world economics and a sharply higher US Dollar took the attention of the traders. China and now Europe have had weakening economies and have moved to Support them. The weaker economies in both regions imply less demand for Cotton overall. Meanwhile, the weak domestic and world prices imply [...]

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Morning Softs 1/21/15

On January 21, 2015 - 10:22 AM By

COTTON General Comments: Prices were lower and made new lows for the move after bad economic data was released by the EU and China. The weaker economies in both regions imply less demand for Cotton overall. Meanwhile, the weak domestic and world prices imply that US production could drop significantly in the coming year as [...]

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Morning Softs 1/20/15

On January 20, 2015 - 10:08 AM By

COTTON General Comments: Prices were a little lower as some light volume profit taking hit the pit. The export sales report Thursday was still supporting the market as the sales were the best seen in many weeks. The sales were the best of the season, and China accounted for about half the purchases. Support is [...]

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Morning Softs 1/16/15

On January 16, 2015 - 9:55 AM By

DJ U.S. Total Final Prevented Acreage Data – Jan 15 U.S. acreage data for select crops reported as planted, failed and prevented by farmers to the Farm Service Agency. Prevented acres is land not planted due to poor conditions. Failed acres is land farmers planted and abandoned. Farmers participating in various FSA programs are required [...]

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Morning Softs 1/15/15

On January 15, 2015 - 10:30 AM By

DJ U.S. Total Final Prevented Acreage Data – Jan 15 U.S. acreage data for select crops reported as planted, failed and prevented by farmers to the Farm Service Agency. Prevented acres is land not planted due to poor conditions. Failed acres is land farmers planted and abandoned. Farmers participating in various FSA programs are required [...]

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Morning Softs 1/14/15

On January 14, 2015 - 10:09 AM By

COTTON General Comments: Prices were higher in recovery trading. There was not much follow through from the USDA reports released on Monday, in part because the prices are already very low and might be in line with the weak data presented by USDA. Support is coming from ideas of less production in 2015. Ideas are [...]

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Morning Softs 1/13/15

On January 13, 2015 - 10:14 AM By

DJ USDA Supply/Demand: Crop Summary-Jan 12 U.S. ending stocks in million bushels, except soyoil in million pounds, cotton in million (480 pound) bales and rice in million cwt. Exports and Production in million metric tons except cotton in million (480 pound) bales. Projections based on trends and analysts’ judgments, not survey date. Source: USDA’s World [...]

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Morning Softs 1/12/15

On January 12, 2015 - 10:15 AM By

COTTON General Comments: Prices were mixed in consolidation trading. Traders are getting ready for the next round of USDA reports later today that should show few changes. Trading was calm before the USDA reports on Monday. Support is coming from ideas of less production in 2015. Ideas are that producers in the Delta and Southeast [...]

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Morning Softs 1/9/15

On January 9, 2015 - 9:17 AM By

COTTON General Comments: Prices were higher in consolidation trading. Traders are getting ready for the next round of USDA reports on Monday that should show few changes. Trading was calm before the USDA reports on Monday. Support is coming from ideas of less production in 2015. Ideas are that producers in the Delta and Southeast [...]

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