Currently viewing the tag: "Morning Softs"

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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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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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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Morning Softs 8/18/14

On August 18, 2014 - 12:16 PM By

COTTON General Comments: Futures closed slightly lower again Friday in consolidation trading. The market remains in a short term trading range. Ideas are that consumptive demand should increase with the current weak prices. However, charts show that prices could easily move lower in the short term and buyers feel no reason to step out and [...]

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Morning Softs 8/15/14

On August 15, 2014 - 9:33 AM By

COTTON General Comments: Futures closed slightly lower in consolidation trading. The export sales report was a little disappointing and gave a reason to sell, but buying interest is seen on breaks, mostly from short speculators who are covering some positions. Ideas are that consumptive demand should increase with the move to new lows after the [...]

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Morning Softs 8/14/14

On August 14, 2014 - 9:49 AM By

COTTON General Comments: Futures closed higher in recovery trading. Ideas are that consumptive demand should increase with the move to new lows after the report. However, charts show that prices could easily move lower in the short term. Prices are now near government loan values, and much of the Cotton could be pledged against loans [...]

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Morning Softs 8/13/14

On August 13, 2014 - 9:54 AM By

COTTON General Comments: Futures closed lower in response to the USDA reports. USDA showed big production at 17.5 million bales for the US and also showed a solid increase in ending stocks estimates. World data also showed plenty of supplies. In short, there was nothing in the reports fr the bulls. Futures were lower and [...]

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Morning Softs 8/12/14

On August 12, 2014 - 10:12 AM By

COTTON General Comments: Futures closed a little higher in light to moderate trading as many prepare for the first USDA production reports that will come out later this morning. Ideas are that USDA will show very strong production potential as the weather in all US growing areas has been very good this season. Ideas of [...]

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Morning Softs 8/11/14

On August 11, 2014 - 10:29 AM By

COTTON General Comments: Futures closed a little higher in light to moderate trading as many prepare for the first USDA production reports that will come out tomorrow. Ideas are that USDA will show very strong production potential as the weather in all US growing areas has been very good this season. Ideas of big world [...]

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Morning Softs 8/8/14

On August 8, 2014 - 8:53 AM By

COTTON General Comments: Futures closed a little lower in light to moderate trading as many start to prepare for the first USDA production reports that will come out next Tuesday. The export sales report was positive, but ideas of big production kept the market from showing much of a reaction. Price action overall remains very [...]

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Morning Softs 8/7/14

On August 7, 2014 - 8:52 AM By

COTTON General Comments: Futures closed higher in light to moderate trading as many start to prepare for the first USDA production reports that will come out next Tuesday. Price action overall remains very weak on ideas of big world supplies, but new demand could help to hold prices in a trading range. The US is [...]

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Morning Softs 8/6/14

On August 6, 2014 - 12:00 PM By

DJ U.S. June Coffee, Cocoa Imports-Aug 6 In kilograms from the U.S. Commerce Department, converted to pounds by Dow Jones. —-Jun 2014—- —-May 2014—- -coffee- kilograms pounds kilograms pounds coffee, unroasted 121,910,064 268,811,691 126,809,980 279,616,006 coffee, roasted 4,820,034 10,628,175 4,998,267 11,021,179 coffee, soluble instant 3,571,521 7,875,204 3,536,182 7,797,281 -Cocoa- cocoa beans 24,767,509 54,612,357 27,016,110 59,570,523 [...]

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