COTTON General Comments: Futures were lower in July, but higher in the new crop months. The rally in new crop months cameo n forecasts for some storms to develop next week in the Delta and Southeast and also on the rally in Chicago The weather has improved in all áreas with some precipitation in Texas [...]
Continue Reading →COTTON General Comments: Futures were lower on speculative selling tied to weak chart patterns and also on good planting conditions here in the US. The weather has improved in all áreas with some precipitation in Texas áreas and drier weather in the forecast for the Delta and Southeast. Traders also were looking for new signs [...]
Continue Reading →DJ Table of China April Oilseed, Vegoil, Grain Imports Table of Imports by Grain, Oil Type and Origin (All figures in metric tons) Apr Change Jan-Apr Change in Tons on Year in Tons on Year Wheat Total 203,337 -30.69% 894,556 -36.75% Australia 82,486 -69.79% 240,641 -77.01% USA 63,040 +94033.09% 183,369 +52.34% Canada 57,750 – 463,827 [...]
Continue Reading →COTTON General Comments: Futures were higher in range trading. The new crop months were firmer on the Informa planted área estimaters and forecasts for some rain in production áreas this week to keep planting slow. Ideas are that the demand can continue for now as China moves to increase its stocks and as private buyers [...]
Continue Reading →COTTON General Comments: Futures were lower after trading higher early in the sessión. A disappointing export sales report released yesterday by USDA hurt the bull case. Traders concentrated on economic news, which was disappointing for China and for the US. China is the largest importer of US Cotton. The new crop months were weaker on [...]
Continue Reading →COTTON General Comments: Futures were higher after trading lower early in the sesión. Traders concentrated on economic news, which was disappointing for China but good for the US. China is the largest importer of US Cotton, so less tan expected industrial production put demand bulls on the defensive. The new crop months were weaker on [...]
Continue Reading →COTTON General Comments: Futures were higher after trading lower early in the sesión. Traders concentrated on economic news, which was disappointing for China but good for the US. China is the largest importer of US Cotton, so less tan expected industrial production put demand bulls on the defensive. The new crop months were weaker on [...]
Continue Reading →Crop Progress Date 5-May 28-Apr 2012 Avg Cotton Planted 23 17 46 38 Corn Planted 28 12 85 65 Corn Emerged 5 3 52 28 Soybeans Planted 6 2 43 24 Sorghum Planted 29 28 43 36 Rice Planted 69 55 81 74 Rice Emerged 49 36 74 57 Winter Wheat Headed 29 20 73 [...]
Continue Reading →COTTON General Comments: Futures were lower as traders concentrated on world supply and demand estimates that showed ample supplies instead of the projected tight US market conditions. The US estimates should help support higher prices in the long run. Ideas are that the demand can continue for now as China moves to increase its stocks [...]
Continue Reading →COTTON General Comments: Futures were higher yesterday in consolidation trading. Traders are looking ahead to the reports on Friday and also the export sales reporto on Thursday to see if more demand was found. Ideas are that the demand can continue for now as China moves to increase its stocks and as private buyers there [...]
Continue Reading →COTTON General Comments: Futures were slightly lower yesterday in consolidation trading. Traders are looking ahead to the reports on Friday and also the export sales reporto n Thursday to see if more demand was found. Ideas are that the demand can continue for now as China moves to increase its stocks and as private buyers [...]
Continue Reading →COTTON General Comments: Futures were higher again yesterdau on slow planting progress and ideas of good demand left from the weekly export sales report from USDA. The sales were big and China was the major buyer. Ideas are that the demand can continue for now as China moves to increase its stocks and as private [...]
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