Currently viewing the tag: "Morning Softs"

Morning Softs 7/24/14

On July 24, 2014 - 10:12 AM By

COTTON General Comments: Futures closed a little higher, helped in part from lower crop condition ratings from USDA and on dry and warm forecasts for Texas. Demand remains a problem as China remains mostly out of the market. The lack of Chinese buying reflects in part the moves by the government to sell Cotton into [...]

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Morning Softs 7/23/14

On July 23, 2014 - 10:18 AM By

COTTON General Comments: Futures closed a little higher, helped in part from lower crop condition ratings from USDA. Demand remains a problem as China showed less imports in data released on Monday. Chinese imports were down in June and are lower on a year to date basis against last year. The lack of Chinese buying [...]

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Morning Softs 7/22/14

On July 22, 2014 - 3:29 PM By

COTTON General Comments: Futures closed a little lowr, helped in part from weak demand data from China. Chinese imports were down in June and are lower on a year to date basis against last year. The lack of Chinese buying reflects in part the moves by the government to sell Cotton into the domestic market [...]

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Morning Softs 7/21/2014

On July 21, 2014 - 10:38 AM By

COTTON General Comments: Futures traded mostly sideways last week, but finished near the bottom of the range. World supplies remain strong and ideas are that the US can produce a very good crop. Export sales from USDA were weak once again as China and other major buyers wait for even lower prices. Good weather and [...]

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Morning Softs 7/18/14

On July 18, 2014 - 9:28 AM By

COTTON General Comments: Futures were mixed. The crop continues to show good progress and good condition, and ideas of big world production continue. Prices can continue to drift lower as long as these types of statistics continue.. Brazil conditions are reported to be good in Bahia with warm temperatures and a few showers. Conditions are [...]

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Morning Softs 7/17/14

On July 17, 2014 - 9:11 AM By

COTTON General Comments: Futures were slightly lower. The crop continues to show good progress and good condition, and ideas of big world production continue. Prices can continue to drift lower as long as these types of statistics continue.. Brazil conditions are reported to be good in Bahia with warm temperatures and a few showers. Conditions [...]

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Morning Softs 7/16/14

On July 16, 2014 - 9:09 AM By

COTTON General Comments: Futures were slightly lower and the overall down trend remains intact. The crop continues to show good progress and good condition. The USDA reports were bearish as USDA showed higher than expected domestic production and also big world production. Demand should increase, but ending stocks will increase as well. Prices can continue [...]

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Morning Softs 7/15/14

On July 15, 2014 - 9:36 AM By

COTTON General Comments: Futures were slightly higher on what appeared to be some speculative short covering after the big move lower in prices last week. Ideas are that the short covering will last no more than a matter of days and that more selling is coming as the c rop continues to show good progress [...]

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Morning Softs 7/14/14

On July 14, 2014 - 9:34 AM By

COTTON General Comments: Futures were lower on follow through selling tied to ideas of very good crop conditions. The USDA reports were bearish as USDA showed higher than expected domestic production. Demand was increased, but the end result was an ending stocks estimate that should mean more than adequate supplies to meet any demand. It [...]

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Morning Softs 7/11/14

On July 11, 2014 - 9:31 AM By

COTTON General Comments: Futures were lower on follow through selling tied to ideas of very good crop conditions. Traders anticipate bearish data from USDA today. Prices continue weak as world supplies remain strong and ideas grow that the US can produce a very good crop. Good weather and good production prospects combined with the increased [...]

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Morning Softs 7/10/14

On July 10, 2014 - 9:31 AM By

COTTON General Comments: Futures were lower on follow through selling tied to ideas of very good crop conditions. Prices continue weak as world supplies remain strong and ideas grow that the US can produce a very good crop. Good weather and good production prospects combined with the increased planted area to create ideas of big [...]

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Morning Softs 7/9/14

On July 9, 2014 - 9:23 AM By

COTTON General Comments: Futures were lower on follow through selling tied to ideas of very good crop conditions, but seems to have found some Support near 70.00 December. Prices continue weak as world supplies remain strong and ideas grow that the US can produce a very good crop. Good weather and increasingly good production prospects [...]

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