Currently viewing the tag: "Morning Softs"

Morning Softs 3/3/15

On March 3, 2015 - 8:42 AM By

COTTON General Comments: US markets closed narrowly mixed to start the week on mixed economic data from China and the US and mixed weather outlook for the US as planting time nears. The recent rally in prices seems to have stalled for a moment as buyers ran into increased selling interest from producers and merchandisers. [...]

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Morning Softs 3/2/15

On March 2, 2015 - 10:42 AM By

COTTON General Comments: US markets closed the week near unchanged after trading higher much of the week. The recent rally in prices seems to have stalled for a moment as buyers ran into increased selling interest from producers and merchandisers. Export sales were positive, but much lower than the levels seen in the last month. [...]

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Morning Softs 2/27/15

On February 27, 2015 - 4:02 PM By

COTTON General Comments: Futures were lower as the US Dollar started to move higher. The weekly export sales report was positive, but was not strong enough to create new buying interest in futures. Chart trends are up. Nearby prices moved higher on renewed demand hopes, while new crop months need to be high enough to [...]

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Morning Softs 2/26/15

On February 26, 2015 - 10:23 AM By

COTTON General Comments: Futures were higher again on better economic data in the US and reports from the FED that the overall economy is still improving. Funds were good buyers as chart trends started to turn up again. Nearby prices moved higher on renewed demand hopes and in response to FED statements that the economy [...]

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Morning Softs 2/25/15

On February 25, 2015 - 11:11 AM By

COTTON General Comments: Futures were higher. Chart trends started to turn up again. Nearby prices moved higher on renewed demand hopes and in response to FED statements that the economy is improving, while new crop months held mostly firmer as the market tries to ensure adequate production this year. The export sales report was bad [...]

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Morning Softs 2/24/15

On February 24, 2015 - 10:15 AM By

COTTON General Comments: Futures were mixed as the market looks for demand n the one hand, and tries to boost plantings on the other. Nearby prices moved mostly lower in reaction to last week’s very weak export sales report, while new crop months held mostly firmer as the market tries to ensure adequate production this [...]

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Morning Softs 2/23/15

On February 23, 2015 - 10:39 AM By

COTTON General Comments: Futures were mixed in response to forecasts from the USDA Outlook Conference for smaller planted area in the US against a week of negative export sales. There were some light volume export sales reported over the week, but these were more than offset by a cancellation from Turkey. The Outlook Conference cut [...]

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  Jack Scoville’s 25 Years at Price Group PRICE Futures Group’s Senior Analyst Phil Flynn discusses Jack Scoville’s 25 years at the Price Group and the changes he’s seen in the futures markets over that period. [PRICE Links Video] Recorded 2/20/2015 Past performance is not indicative of futures results. Futures and options trading involves substantial [...]

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Morning Softs 2/20/15

On February 20, 2015 - 10:01 AM By

COTTON General Comments: Futures were higher in early trading, but gave back gains in reaction to the estimates released by USDA at its Outlook conference. USDA reduced planted area ideas as expected, but still expects more tan enough Cotton to be produced to meet demand in the US. Chart trends are still up and futures [...]

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Morning Softs 2/19/15

On February 19, 2015 - 11:00 AM By

COTTON General Comments: Futures were higher for one more day. Chart trends are still up and futures continue to move away from lows constructed on both the daily and weekly charts. US farmers are not excited about selling at current levels, and US planted area is likely to decline this year due to the cheap [...]

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Morning Softs 2/18/15

On February 18, 2015 - 10:00 AM By

COTTON General Comments: Futures were higher. Chart trends are still mostly up as futures continue to move away from lows constructed on both the daily and weekly charts. US farmers are not excited about selling at current levels, and US planted area is likely to decline this year due to the cheap prices. So, it [...]

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Morning Softs 2/17/15

On February 17, 2015 - 11:12 AM By

COTTON General Comments: Futures were higher again on the weaker US Dollar. Chart trends are still mostly up as futures continue to move away from lows constructed on both the daily and weekly charts. USDA showed ample world supplies in its monthly updates last week, but over half of the world supplies are in China [...]

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