Currently viewing the tag: "Morning Softs"

Morning Softs 9/17/14

On September 17, 2014 - 10:31 AM By

COTTON General Comments: Futures closed lower again yesterday on some follow through selling. US production conditions remain mostly good, and it looks like the bullish effects from the smaller tan expected USDA production reports have made their way into the price. USDA showed the potential for smaller production here, but production ideas from USDA around [...]

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Morning Softs 9/16/14

On September 16, 2014 - 10:15 AM By

FSA PLANTINGS DATA VIA REUTERS U.S. corn and soybean plantings Prevented planting (thousands of acres) Crop Sept 2014 Aug 2014 Sept 2013 Corn 1,582 1,540 3,573 Soybeans 841 827 1,687 Wheat 1,376 1,360 1,977 Rice 234 226 418 Barley 56 54 126 Sorghum 72 70 180 Cotton-Upland 86 84 205 U.S. corn and soybean plantings [...]

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Morning Softs 9/15/14

On September 15, 2014 - 10:56 AM By

COTTON General Comments: Futures closed mixed to higher on Friday on follow through buying from the USDA reports. Only October and December managed to close with small losses on what appeared to be some light farm selling in the US and also a very poor weekly export sales report from USDA. The market had expected [...]

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Morning Softs 9/12/14

On September 12, 2014 - 9:57 AM By

COTTON General Comments: Futures closed higher in response to the USDA estimates that showed less tan expected production for this year and also less tan expected ending stocks. The market had expected unchanged to higher production, but got less production. Demand estimates were held strong, causing USDA to lower ending stocks estimates more tan the [...]

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Morning Softs 9/11/14

On September 11, 2014 - 8:53 AM By

COTTON General Comments: Futures closed higher on some speculative short covering before the USDA reports that will be released later this morning. Weather remains supportive to big US crop production as bolls are now opening. The northern areas of Texas should get mostly dry conditions which will support crops, but did see some showers over [...]

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Morning Softs 9/10/14

On September 10, 2014 - 10:21 AM By

COTTON General Comments: Futures closed higher on some speculative short covering. Weather remains supportive to big US crop production as bolls are now opening. The northern areas of Texas should get mostly dry conditions which will support crops, but did see some showers over the weekend. South Texas crops are now ready for harvest, or [...]

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Morning Softs 9/9/14

On September 9, 2014 - 8:41 AM By

COTTON General Comments: Futures closed mostly a little higher on some speculative short covering. Some early selling was seen from the Jobs report last week. The data hurt domestic demand ideas while production prospects remain very high. Weather remains supportive to big US crop production as bolls are now opening. The northern areas of Texas [...]

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Morning Softs 9/8/14

On September 8, 2014 - 11:16 AM By

COTTON General Comments: Futures closed lower on poor macroeconomic data as the US Jobs report showed weaker numbers than expected. The data hurts domestic demand ideas while production prospects remain very high. Weather remains supportive to big US crop production as bolls are now opening. The northern areas of Texas should get mostly dry conditions [...]

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Morning Softs 9/5/14

On September 5, 2014 - 10:00 AM By

COTTON General Comments: Futures closed lower. Weather remains supportive to big US crop production as bolls are now opening. The northern areas of Texas should get mostly dry conditions which will support crops, but did see some showers over the weekend. South Texas crops are now ready for harvest, or will be soon. Louisiana and [...]

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Morning Softs 9/4/14

On September 4, 2014 - 10:14 AM By

COTTON General Comments: Futures closed higher after holding nearby Support on the charts. Weather remains supportive to big US crop production as bolls are now opening. The northern areas of Texas should get mostly dry conditions which will support crops, but did see some showers over the weekend. South Texas crops are now ready for [...]

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Morning Softs 9/3/14

On September 3, 2014 - 8:53 AM By

COTTON General Comments: Futures closed lower as weather remained supportive to big US crop production. There do not appear to be any threatening storms that could hurt fiber quality in the open bolls. The northern areas of Texas should get mostly dry conditions which will support crops, but did see some showers over the weekend. [...]

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Morning Softs 9/2/14

On September 2, 2014 - 9:16 AM By

COTTON General Comments: Futures closed mostly lower as weather remained supportive to big US crop production. There do not appear to be any threatening storms that could hurt fiber quality in the open bolls. The northern areas of Texas should get mostly dry conditions which will support crops, but did see some showers over the [...]

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