Currently viewing the tag: "Morning Softs"

Morning Softs 3/30/15

On March 30, 2015 - 9:40 AM By

COTTON General Comments: Prices were a Little higher as traders get ready for the USDA planting intentions reports tomorrow. Another positive export sales report last week provided a reason to support prices. Demand in the last couple of months has been much improved from what was seen at the start of the marketing year. The [...]

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Morning Softs 3/27/15

On March 27, 2015 - 7:30 AM By

COTTON General Comments: Prices were mixed in quiet trading. Another positive export sales report provided a reason to support prices. Demand in the last couple of months has been much improved from what was seen at the start of the marketing year. The focus of the market is continuing to shift to new crop production [...]

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Morning Softs 3/26/15

On March 26, 2015 - 10:08 AM By

COTTON General Comments: Prices were lower on ideas of ample old crop supplies. The ideas gained ground due to the USDA reports that showed more Cotton being processed that last year. The total Cotton ginned last year was 16.3 million bales. Demand in the last couple of months has been much improved from what was [...]

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Morning Softs 3/25/15

On March 25, 2015 - 9:48 AM By

COTTON General Comments: Prices were mixed to a little higher. Nearby months were a little lower as the US Dollar turned a little higher Demand in the last couple of months has been much improved from what was seen at the start of the marketing year, and China has been a relatively active buyer during [...]

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Morning Softs 3/24/15

On March 24, 2015 - 9:27 AM By

COTTON General Comments: Prices were higher as the US Dollar moved lower. Ideas are that the lower US Dollar can create new demand. The biggest buyer in the world is China, and they are trying to reduce their own huge government stockpiles, so the demand boost from the cheaper US Dollar might not be all [...]

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Morning Softs 3/23/15

On March 23, 2015 - 9:54 AM By

COTTON General Comments: Prices were mixed to lower to finish the week. It was mostly a consolidation day after the Sharp rally on Thursday due to the strong export sales report. The focus of the market is turning more and more to new crop production prospects. US producers are increasingly looking to get started on [...]

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Morning Softs 3/20/15

On March 20, 2015 - 10:04 AM By

COTTON General Comments: Prices traded higher in reaction to the higher tan expected export sales seen in the weekly USDA reports yesterday. The US Dollar recovered almost all the losses it had made in reaction to the FED announcements, but the currency moves did not hurt the price action in Cotton all that much. Weather [...]

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Morning Softs 3/19/15

On March 19, 2015 - 9:48 AM By

COTTON General Comments: US markets closed higher. Prices were strong early as traders anticipated a positive export sales report from USDA today, then really moved higher into the close as the US Dollar moved sharply lower in reaction to the FED minutes that showed no real changes in policies, but some concerns about the overall [...]

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Morning Softs 3/18/15

On March 18, 2015 - 9:42 AM By

COTTON General Comments: US markets closed lower again. The US economic data yesterday was not helpful to the Bulls, and the weather forecasts call for some beneficial precipitation in the southern Great Plains and into parts of the Delta and Southeast. The focus of the market is turning more and more to new crop production [...]

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Morning Softs 3/17/15

On March 17, 2015 - 10:27 AM By

COTTON General Comments: US markets closed slightly lower after trading both sides of unchanged. The focus of the market is turning more and more to new crop production prospects. US producers are increasingly looking to get STARTED on fieldwork as the weather turns warmer. Delta and Southeast areas are too wet for work, but southern [...]

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Morning Softs 3/16/15

On March 16, 2015 - 10:29 AM By

COTTON General Comments: US markets closed lower as the US Dollar moved sharply higher. The weekly export sales released Thursday were not real big, but were a net positive instead of net cancellations. US producers are increasingly looking to get started on fieldwork as the weather turns warmer. Delta and Southeast areas are too wet [...]

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Morning Softs 3/13/15

On March 13, 2015 - 9:59 AM By

COTTON General Comments: US markets moved higher on positive export sales. The sales were not real big, but were a net positive instead of net cancellations. It is likely that trends will turn sideways until more is known about the US crop and production potential. USDA will issue plantings intentions at the end of the [...]

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