Currently viewing the tag: "Morning Softs"

Morning Softs. 05/24/17

On May 24, 2017 - 9:46 AM By

COTTON
General Comments: Cotton was lower on follow through selling tied to ideas that crop conditions have improved in the southern Great Plains and into the Delta and Southeast. The charts show July has now returned to the previous trading range and that prices are still weakening. Trends are down. Cotton has become available […]

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Morning Softs 05/23/17

On May 23, 2017 - 1:07 PM By

Crop Progress
Date 21-May 14-May 2016 Avg
Cotton Planted 52 33 45 50
Corn Planted 84 71 84 85
Corn Emerged 54 31 58 55
Soybeans Planted 53 32 53 52
Soybeans Emerged 19 8 20 21
Sorghum Planted 37 32 36 41
Rice Planted 91 83 […]

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Morning Softs. 05/22/17

On May 22, 2017 - 10:19 AM By

COTTON
General Comments: Cotton was a little higher in recovery trading to finish the week. The charts show July has now returned to the previous trading range. The explosion higher ended as soon as it began the last week. Cotton has become available to the market as the rally has brought Cotton into the […]

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Morning Softs 05/19/17

On May 19, 2017 - 10:03 AM By

COTTON
General Comments: Cotton was lower. The charts imply that the current up move is over as July has now returned to the previous trading range. Cotton has become available to the market as the rally has brought Cotton into the cash market and also into certified stocks. The push to the highs might […]

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Morning Softs 05/18/17

On May 18, 2017 - 12:51 PM By

Brazil Plunges Back Into Political Crisis as Markets Brace (5)
Temer denies having authorized any obstruction of justice
The allegations are the latest development of Carwash probe
By Samy Adghirni, Mario Sergio Lima and Rachel Gamarski (Bloomberg) — Brazil was plunged back into a political crisis reminiscent of last year’s impeachment saga […]

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Morning Softs 05/17/17

On May 17, 2017 - 10:35 AM By

COTTON
General Comments: Cotton was limit down in July and lower in the new crop months. The charts imply that the current up move is fast coming to an end. It will be up to the buy side of the market to push futures higher, and the buyers might have problems doing so as […]

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Morning Softs 05/16/17

On May 16, 2017 - 9:53 AM By

Crop Progress
Date 14-May 7-May 2016 Avg
Cotton Planted 33 21 38 37
Corn Planted 71 47 73 70
Corn Emerged 31 15 41 36
Soybeans Planted 32 14 34 32
Soybeans Emerged 8 9 9
Sorghum Planted 32 30 33 35
Rice Planted 83 76 86 […]

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Morning Softs 05/15/17

On May 15, 2017 - 9:58 AM By

COTTON
General Comments: Cotton was limit up in July and higher in the new crop months. The limits will be expanded to 500 points today and margin requirements will also be increased. The charts show that July has moved to new contract highs. The weekly export sales report was not strong, but strong enough […]

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Morning Softs. 05/11/17

On May 11, 2017 - 12:06 PM By

USDA Report: Summary For U.S. Agriculture Supply, Demand
WASHINGTON–The following are key numbers from USDA’s crop report Wednesday
and how the government’s estimates compared to analysts’ forecasts in a
Wall Street Journal survey.
U.S. Corn, Soybean Production (million bushels)
Wednesday’s
Estimate Average Range USDA 2016
Corn 14,065 14,204 […]

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Morning Softs. 05/10/17

On May 10, 2017 - 9:26 AM By

COTTON
General Comments: Cotton was mostly lower, but July closed firm on better demand ideas from both domestic mills and exporters. The charts give ideas that the trends have turned down for a good correction move. Planting conditions remain mixed due to recent cold and wet weather and forecasts for more rain today and […]

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Morning Softs. 05/05/17

On May 8, 2017 - 9:58 AM By

NO COMMENTS TOMORROW, I WILL BE BACK ON WEDNESDAY. COTTON
General Comments: Cotton was lower on Friday, with old crop months posting triple digit losses. It looks like some of the funds are finally unloading a part of the long position as short term trends could be changing. Planting conditions remain mixed due to […]

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Morning Softs. 05/05/17

On May 5, 2017 - 11:01 AM By

DJ U.S. March Coffee, Cocoa Imports-May 4
In kilograms from the U.S. Commerce Department, converted to pounds
by Dow Jones.
—-Mar 2017—- —-Feb 2017—-
-coffee- kilograms pounds kilograms pounds
coffee, unroasted 143,108,902 315,555,129 126,736,488 279,453,956
coffee, roasted 7,451,109 16,429,695 6,340,306 13,980,375
coffee, soluble
instant 3,708,741 8,177,774 2,970,203 […]

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