Currently viewing the tag: "Morning Softs"

Morning Softs 10/24/14

On October 24, 2014 - 10:15 AM By

COTTON General Comments: Futures closed mixed. An up tick in export sales supported December, but the rest of the months closed with small losses. The weather is good as most US production areas are now dry and harvesting should be very active. Bolls are open on much of the crop and should finish opening within [...]

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Morning Softs 10/23/14

On October 23, 2014 - 9:10 AM By

COTTON General Comments: Futures closed mixed as there was little news to push prices in either direction. The weather is good as most US production areas are now dry and harvesting should be very active. USDA showed good progress, and the harvest pace is ahead of last year and close to the five year average. [...]

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Morning Softs 10/22/14

On October 22, 2014 - 9:11 AM By

COTTON General Comments: Futures closed slightly higher after trading both sides of unchanged. The weather is much improved as most US production areas are now dry and harvesting should be very active. USDA showed good progress, and the harvest is ahead of last year and close to the five year average. Bolls are open on [...]

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Morning Softs 10/21/14

On October 21, 2014 - 10:21 AM By

COTTON General Comments: Futures closed mixed again yesterday, with December a little lower on ideas of good harvest progress and little export demand. The weather is much improved as most US production areas are now dry and harvesting should be very active. USDA showed good progress, and the harvest  is ahead of last year and [...]

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Morning Softs 10/20/14

On October 20, 2014 - 10:28 AM By

COTTON General Comments: Futures closed mixed on Friday, with December a little lower. The weather is much improved as most US production areas are now dry and harvesting should be very active. USDA should show rather slow harvest progress tonight, but progress should really improve with the better weather. Very little Cotton is available to [...]

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Morning Softs 10/16/14

On October 16, 2014 - 8:57 AM By

COTTON General Comments: Futures closed lower as drier weather returned to Texas and Delta production areas. There were big rains that could have damaged Cotton in open bolls, and most bolls are coming open. USDA showed that overall crop progress remains just behind normal and that condition showed marginal improvement last week. Very little Cotton [...]

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Morning Softs 10/15/14

On October 15, 2014 - 10:08 AM By

COTTON General Comments: Futures closed lower as drier weather returned to Texas production areas. There were big rains that could have damaged Cotton in open balls, and most balls are coming open. USDA showed that overall crop progress remains just behind normal and that condition showed marginal improvement last week. Very little Cotton is available [...]

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Morning Softs 10/14/14

On October 14, 2014 - 10:24 AM By

COTTON General Comments: Futures closed higher as some big rains moved through production areas. The rains could damage Cotton in open bolls, and most bolls are coming open and the Cotton is getting ready for harvest. There is the potntial for some production losses, but most of the Cotton will probably suffer some quality losses. [...]

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Morning Softs 10/13/14

On October 13, 2014 - 9:57 AM By

DJ USDA Supply/Demand: Crop Summary-Oct 10 U.S. ending stocks in million bushels, except soyoil in million pounds, cotton in million (480 pound) bales and rice in million cwt. Exports and Production in million metric tons except cotton in million (480 pound) bales. Projections based on trends and analysts’ judgments, not survey date. Source: USDA’s World [...]

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Morning Softs 10/10/14

On October 10, 2014 - 11:03 AM By

COTTON General Comments: Futures closed lower after bad weekly export sales and as traders get ready for the USDA production and supply and demand reports on Friday. Prices are getting below the loan rate now, and producers are likely to take out USDA loans instead of move Cotton into the cash market. Such moves could [...]

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Morning Softs 10/9/14

On October 9, 2014 - 10:40 AM By

COTTON General Comments: Futures closed mixed to higher as traders get ready for the USDA production and supply and demand reports on Friday. Prices are getting below the loan rate now, and producers are likely to take out USDA loans instead of move Cotton into the cash market. Such moves could keep the market more [...]

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Morning Softs 10/8/14

On October 8, 2014 - 11:27 AM By

Crop Progress Date 5-Oct 29-Sep 2013 Avg Cotton Bolls Opening 73 64 79 Cotton Harvested 15 10 18 Corn Mature 77 60 81 Corn Harvested 17 12 32 Soybeans Dropping Leaves 83 69 84 Soybeans Harvested 20 10 35 Rice Harvested 70 59 71 Sorghum Coloring 95 93 93 Sorghum Mature 67 59 64 Sorghum [...]

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