Currently viewing the tag: "Morning Softs"

Morning Softs. 08/30/16

On August 30, 2016 - 9:53 AM By

COTTON
General Comments: Cotton futures closed lower as the weather forecasts called for generally good conditions for the crops. The System affecting Florida now and later this week should miss most Cotton areas in the Delta and Southeast. Texas is getting just enough rain now to maintain crop condition. USDA showed improvement in its […]

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Morning Softs. 08/29/16

On August 29, 2016 - 9:45 AM By

COTTON
General Comments: Cotton futures closed little changed on Friday as the market waited for some news. US weather conditions remain variable. The market will be watching a storm that is now tropical in nature and could move up the west coast of Florida and into production areas in the Southeast. It could bring […]

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Morning Softs 8/25/16

On August 25, 2016 - 9:53 AM By

COTTON
General Comments: Cotton futures closed lower as the market waited for new US economic news. US weather conditions remain variable. Demand ideas remain firm. Crops in the southern and western Great Plains are still facing stressful conditions even as the stress could be easing. Crops in the Delta and Southeast are in better […]

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Morning Softs 8/24/16

On August 24, 2016 - 10:46 AM By

COTTON
General Comments: Cotton futures closed a little higher as the US crop continued to show deterioration. US weather conditions remain variable. Demand ideas remain firm. Crops in the southern and western Great Plains are still facing stressful conditions even as the stress could be easing. Crops in the Delta and Southeast are in […]

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Morning Softs. 08/22/16

On August 22, 2016 - 10:03 AM By

COTTON
General Comments: Cotton futures closed lower on ideas of less Chinese demand and on ideas of improving conditions in Texas and around the world. US weather conditions remain variable, and crop condition rating from USDA have slipped in the last few weeks to reflect the uneven growing conditions. West Texas got some showers […]

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Morning Softs. 08/19/16

On August 19, 2016 - 9:58 AM By

COTTON
General Comments: Cotton futures closed a little higher on the back of a strong weekly export sales report. US weather conditions remain variable, and crop condition rating from USDA have slipped in the last few weeks to reflect the uneven growing conditions. West Texas should get some showers today and these will be […]

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Morning Softs. 08/18/16

On August 18, 2016 - 9:54 AM By

COTTON
General Comments: Cotton futures closed a little higher and ideas are that the market might have seen a short term lo won Tuesday. West Texas has seen some rains in the last few days that have helped the crop. Texas has been very dry, as have nearby areas of Oklahoma and Kansas. Rains […]

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Morning Softs 8/17/16

On August 17, 2016 - 9:49 AM By

COTTON
General Comments: Cotton futures closed slightly lower after initial big selling dried up. West Texas has seen some rains in the last few days that have helped the crop, but ideas are that the current selling is getting overdone. Texas has been very dry, as have nearby areas of Oklahoma and Kansas. Rains […]

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Morning Softs. 08/16/16

On August 16, 2016 - 9:24 AM By

COTTON
General Comments: Cotton futures closed lower on ideas that the rains that fell in West Texas were very beneficial for crops there. Cotton areas missed out on the biggest rains that were near the Gulf coast. Texas has been very dry, as have nearby areas of Oklahoma and Kansas. Rains were reported over […]

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Morning Softs. 08/15/16

On August 15, 2016 - 10:05 AM By

COTTON
General Comments: Cotton futures closed lower in reaction to higher than expected production and ending stocks in the USDA reports. Demand ideas from USDA were disappointing as well as Southeast Asia might buy a little less this year. Texas production especially was higher than expected. The state has been very dry, as have […]

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Morning Softs. 08/12/16

On August 12, 2016 - 9:59 AM By

COTTON
General Comments: Cotton futures closed a little higher despite weaker than expected export sales and forecasts for better precipitation in Texas that could help restore production potential. The state has been very dry, as have nearby areas of Oklahoma and Kansas. Rains now would be beneficial for the stressed crop. The market is […]

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Morning Softs. 08/11/16

On August 11, 2016 - 9:37 AM By

COTTON
General Comments: Cotton futures closed sharply lower on forecasts for better precipitation in Texas that could help restore production potential. The state has been very dry, as have nearby areas of Oklahoma and Kansas. Rains now would be beneficial for the stressed crop.. Demand ideas remain firm as countries other than China are […]

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