Currently viewing the tag: "Morning Softs"

Morning Softs 4/24/14

On April 24, 2014 - 9:41 AM By

COTTON General Comments: Futures were mostly lower, but May closed higher as shorts got out of the market before the delivery period gets underway today. Ideas of very tight domestic supplies for the short term supported May, but ideas of weakening export demand due to uneven Chinese economic data hurt the back months. Farmers made [...]

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Morning Softs 4/23/14

On April 23, 2014 - 9:35 AM By

COTTON General Comments: Futures were higher on slower tan expected planting progress. Farmers made very little progress last week and might hold back this week as well. This is especially true in the Southeast where there have been some excessive rains. However, there was some light precipitation recently in Texas and more light precipitation is [...]

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Morning Softs 4/22/14

On April 22, 2014 - 10:01 AM By

COTTON General Comments: Futures were mostly a little lower on forecasts for better planting weather this week and on ideas of weaker demand. The Southeast and Delta have seen a lot of rain recently, but should turn drier this week. Meanwhile, some beneficial precipitation was seen in West Texas over the weekend. Demand is a [...]

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Morning Softs 4/21/14

On April 21, 2014 - 10:04 AM By

DJ China Details Vast Extent Of Soil Pollution (FROM THE WALL STREET JOURNAL 4/18/14) By Josh Chin and Brian Spegele BEIJING — The extent of China’s soil pollution, long guarded as a state secret, was laid out in an official report that confirmed deep-seated fears about contaminated farmland and the viability of the country’s food [...]

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Morning Softs 4/17/14

On April 17, 2014 - 9:01 AM By

COTTON General Comments: Futures were higher, but held the recent trading range. Ideas of short domestic supplies available to the market supported nearby months. Demand is a problem as the market as China keeps moving to reduce its government supplies. The government is releasing some of its supplies to millers at competitive prices when compared [...]

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Morning Softs 4/16/14

On April 16, 2014 - 9:34 AM By

COTTON General Comments: Futures were lower, but held the recent trading range. The price action overall has not been real strong, and some traders think a major top is being built. Ideas of short domestic supplies available to the market supported nearby months. Demand is a problem as the market as China keeps moving to [...]

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Morning Softs 4/15/14

On April 15, 2014 - 10:10 AM By

COTTON General Comments: Futures were higher in nearby months, but lower in deferred months. The price action overall has not been real strong, but Bulls seem unwilling to give up. Ideas of short domestic supplies available to the market supported nearby months. Demand is a problem as the market has seen selling due to reduced [...]

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Morning Softs 4/14/14

On April 14, 2014 - 9:08 AM By

COTTON General Comments: Futures were unchanged to higher as worried about demand in the near term went against bad planting weather in the US. Demand is a problem as the market has seen selling due to reduced prices for Chinese government supplies and ideas that Chinese imports could be sharply curtailed in the coming months. [...]

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Morning Softs 4/10/14

On April 10, 2014 - 10:27 AM By

COTTON General Comments: Futures were lower in buy the rumor and sell the fact trading after USDA cut production in the USDA supply and demand reports. The demand side was adjusted to account for the lost production, and ending stocks estimates were left unchanged. World data showed a slight increase in supplies. Demand is a [...]

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Morning Softs 4/9/14

On April 9, 2014 - 10:30 AM By

COTTON General Comments: Futures were higher in anticipation of lower production and lower ending stocks estimates in the USDA supply and demand reports that will come out later this morning. Demand is a problems as the market has seen selling due to reduced prices for Chinese government supplies and ideas that Chinese imports could be [...]

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Morning Softs 4/8/14

On April 8, 2014 - 10:24 AM By

COTTON General Comments: Futures were lower on demand fears. Ideas that USDA will need to cut production and ending stocks in its monthly supply and demand updates that come out tomorrow provided a little support. The market has seen selling due to reduced prices for Chinese government supplies and ideas that Chinese imports could be [...]

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Morning Softs 4/7/14

On April 7, 2014 - 10:03 AM By

COTTON General Comments: Futures were higher on ideas that USDA will need to cut production and ending stocks in its monthly supply and demand updates that come out this week. The market had absorbed some selling earlier last week due to reduced prices for Chinese government supplies. The move by the Chinese government comes as [...]

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