Currently viewing the tag: "Morning Softs"

Morning Softs Report 10/20/17

On October 20, 2017 - 1:06 PM By

COTTON
General Comments: Cotton was mostly a little lower despite a positive export sales report. The daily charts show the potential for prices to work lower as the harvest continues in the US. The weekly charts show down trends and the potential for futures to test strong support near 6500 December with an extension […]

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Moring Softs Report 10/19/17

On October 19, 2017 - 9:21 AM By

COTTON
General Comments: Cotton was mixed, with nearby months a little lower and deferred months a little higher. The daily charts show the potential for prices to work lower as the harvest continues in the US. The weekly charts show down trends and the potential for futures to test strong support near 6500 December […]

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Morning Softs Report 10/18/17

On October 18, 2017 - 10:38 AM By

COTTON
General Comments: Cotton was higher in consolidation trading. The daily charts show the potential for prices to work lower now, and the trade yesterday did nothing to change this. The weekly charts show down trends and the potential for futures to test strong support near 6500 December with an extension possible to about […]

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Morning Softs Report 10/17/17

On October 17, 2017 - 10:04 AM By

COTTON
General Comments: Cotton was lower on ideas that demand is not good and as the harvest continues. The daily charts show the potential for prices to work lower now. The weekly charts show down trends and the potential for futures to test strong support near 6500 December. Ideas are that the recent weather […]

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Morning Softs Report 10/16/17

On October 16, 2017 - 11:38 AM By

COTTON
General Comments: Cotton was higher on Friday, but lower for the week in reaction to the USDA reports and harvest progress. The USDA reports showed big production and big ending stocks on Thursday, and the export sales report was not real strong on Friday. The weekly charts show down trends and the potential […]

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Morning Softs Report 10/13/17

On October 13, 2017 - 9:44 AM By

COTTON
General Comments: Cotton was lower in reaction to the USDA reports. The market is waiting for USDA and the latest production and supply and demand reports that will be released later today. Ideas are that the recent weather has been good for maturing crops and harvest activities. Hurricane Nate apparently did no real […]

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Morning Softs Report 10/12/17

On October 12, 2017 - 9:45 AM By

COTTON
General Comments: Cotton was mixed in consolidation trading. October and December were slightly lower, but the deferred months were slightly higher. The market is waiting for USDA and the latest production and supply and demand reports that will be released later today. Ideas are that the recent weather has been good for maturing […]

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Morning Softs Report 10/10/17

On October 10, 2017 - 10:37 AM By

COTTON
General Comments: Cotton was slightly higher in consolidation trading.The market is waiting for news, and might have to wait for USDA and the latest production and supply and demand reports on Thursday before moving too much. It was a holiday here yesterday, wo the weekly crop progress and conditions reports will be released […]

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Morning Softs Report 10/09/17

On October 9, 2017 - 9:16 AM By

COTTON
General Comments: Cotton was higher as Tropical Storm Nate has formed off the coast of Central America. It became a hurricane before hitting the southern US starting Sunday. However, it is not expected to be very damaging to crops as it was a Category 1 storm. Most of the damage would be caused […]

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Morning Softs Report 10/06/17

On October 6, 2017 - 9:47 AM By

COTTON
General Comments: Cotton was lower as Tropical Storm Nate has formed off the coast of Central America. It ould became a hurricane before hitting the southern US starting Sunday. However, it is not expected to be very damaging to crops. Ideas are that the current weather is good for maturing crops and harvest […]

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Morning Softs Report 10/05/17

On October 5, 2017 - 10:07 AM By

DJ U.S. August Coffee, Cocoa Imports-Oct 5
In kilograms from the U.S. Commerce Department, converted to pounds
by Dow Jones.
—-Aug 2017—- —-Jul 2017—-
coffee kilograms pounds kilograms pounds
coffee, unroasted 125,926,409 277,667,732 121,583,891 268,092,480
coffee, roasted 8,486,366 18,712,437 8,065,803 17,785,096
coffee, soluble
instant 4,490,640 9,901,861 3,337,947 […]

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Morning Softs Report 10/04/17

On October 4, 2017 - 10:46 AM By

COTTON
General Comments: Cotton was slightly lower in consolidation trading. Trends started to turn down due to the price action this week. Ideas are that the weather is good for maturing crops and harvest activities, but the harvest pace was very slow last week. The harvest ahead seems to be the most important factor […]

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