Currently viewing the tag: "Morning Softs"

Morning Softs. 04/26/17

On April 26, 2017 - 1:06 PM By

COTTON
General Comments: Cotton was mostly higher again, with May the strongest month. It was a more impressive trading days as futures recovered in a big way from early losses. The strength in May was a surprise as the deliveries so far this month have been strong. The mil call fixing against May is […]

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Morning Softs. 04/25/17

On April 25, 2017 - 9:55 AM By

COTTON
General Comments: Cotton was mostly higher again, with May the strongest month. It looked like some short covering before the deliveries get started today. The strength in May was a surprise as the mil call fixing should be completed by now. The mills did not price sales from producers at cheaper levels and […]

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Morning Softs. 04/24/17

On April 24, 2017 - 10:10 AM By

COTTON
General Comments: Cotton was mostly higher again on Friday, but May was lower before the deliveries start the next week. The mills finally covered on call positions that they made in the cash market and this buying interest was not seen on Friday as had been seen for much of last week. The […]

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Morning Softs 04/21/17

On April 21, 2017 - 9:57 AM By

COTTON
General Comments: Cotton was higher again, with May leading the way before the deliveries start next week. The export sales pace was diminished from recent weeks, but was still considered strong. First Notice Day for May futures is Monday, and some mills are finally covering on call positions that they made in the […]

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Morning Softs. 04/20/17

On April 20, 2017 - 9:38 AM By

COTTON
General Comments: Cotton was a little higher, with May leading the way before the deliveries start next week. First Notice Day for May futures is coming, and some mills are finally covering on call positions that they made in the cash market. The mills did not price sales from producers at cheaper levels […]

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Morning Softs. 04/19/17

On April 19, 2017 - 11:26 AM By

COTTON
General Comments: Cotton was mixes, with nearby months a little lower and deferred months a little higher. First Notice Day for May futures is coming, and some speculators are getting out of long positions. Strong demand should continue to support futures in the short term. The demand has been much better than anyone […]

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Morning Softs. 04/13/17

On April 13, 2017 - 10:11 AM By

NO COMMENTS NEXT MONDAY OR TUESDAY. THE COMMENTS WILL RESUME ON WEDNESDAY COTTON
General Comments: Cotton closed a little lower as some liquidated positions before the long weekend. Traders will keep an eye on the export sales reports and the overall weather conditions for clues to the price direction, but the strong demand should […]

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Morning Softs. 04/11/17

On April 11, 2017 - 9:44 AM By

Crop Progress
Date 9-Apr 2-Apr 2016 Avg
Cotton Planted 6 4 5 6
Corn Planted 3 4 3
Sorghum Planted 18 15 15 15
Rice Planted 31 17 30 26
Rice Emerged 13 7 11 9
Sugar beets Planted 5 4 10
Oats Planted 33 28 37 […]

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Morning Softs. 04/10/17

On April 10, 2017 - 9:59 AM By

COTTON
General Comments: Cotton futures were sharply lower on speculative selling based on chart patterns. The market is looking ahead to the next crop and is seeing that the US has mostly good conditions for planting and development. Enough rain has fallen now, so some dry weather would be favorable for fieldwork, but forecasts […]

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Morning Softs. 04/07/17

On April 7, 2017 - 9:24 AM By

COTTON
General Comments: Cotton futures were mixed to lower in quiet trading. The move came despite a nother week of good export sales. The sales were less than in recent weeks, but still strong. Trends have turned down again as the market seems more interested in new crop production potential. US farmers plan to […]

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Morning Softs. 04/06/17

On April 6, 2017 - 11:10 AM By

COTTON
General Comments: Cotton futures closed mostly a shade higher in consolidation trading. Trends have turned down again, but the market did not see much in the way of follow through selling. US farmers plan to plant much more Cotton than they did last year. Planting is underway and planted area could be huge […]

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Morning Softs 04/05/17

On April 5, 2017 - 11:49 AM By

COTTON
General Comments: Cotton futures closed lower once again and broke some nearby Support areas on the charts. Trends have turned down again. It looks like production can increase sharply this year as US farmers plan to plant much more Cotton than they did last year. Planting is underway and planted area could be […]

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