Currently viewing the tag: "Morning Softs"

Morning Softs 7/2/15

On July 2, 2015 - 10:44 AM By

See Brazil’s commodities exports for June CSNA3.SA VALE5.SA 01-Jul-2015 02:12:43 PM SAO PAULO, 1 July (Reuters) – Brazil’s Trade Ministry published on Wednesday export data for the month of June. See the table below for the main commodities exports: Commodity June 2015 May 2015 June 2014 COFFEE(60 KG BAG) 2,386,264 2,630,419 2,622,169 CRUDE OIL (TNS) [...]

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Morning Softs 7/1/15

On July 1, 2015 - 9:23 AM By

COTTON General Comments: The market closed higher in reaction to the USDA reports that showed less tan expected planted area for Cotton this year. USDA said that planted area 8.998 million acres, below trade estimates closer to 9.15 million acres. USDA said it would make another survey in July to be released with the August [...]

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Morning Softs 6/30/15

On June 30, 2015 - 10:05 AM By

COTTON General Comments: The market closed higher on what appeared to be follow through fund buying. Futures broke some important resistance areas on the daily charts late last week and short term trends are now up. The USDA reports yesterday showed slight improvement in crop condition, but profess overall remains slow. The market fears less [...]

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Morning Softs 6/29/15

On June 29, 2015 - 10:03 AM By

COTTON General Comments: The market closed higher on what appeared to be huge fund buying. Futures broke some important resistance areas on the daily charts late last week and short term trends are up. The market fears less planted area in the USDA reports on Tuesday. USDA should be able to show good planting progress [...]

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Morning Softs 6/26/15

On June 26, 2015 - 10:37 AM By

COTTON General Comments: The market closed higher and short term trends started to turn up. The weekly export sales report was not real strong, but the economic news remains generally positive and the market fears less planted area in the USDA reports on Tuesday. Cash market offers from the current crop remain small. US weather [...]

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Morning Softs 6/24/15

On June 24, 2015 - 9:50 AM By

COTTON General Comments: The market closed lower on the strength in the US Dollar and better tan expected USDA progress and condition reports. USDA showed that the crop progress has been catching up and that crop condition is holding despite the recent rains in the Delta and Southeast. US economic data remains generally good and [...]

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Morning Softs 6/23/15

On June 23, 2015 - 10:13 AM By

COTTON General Comments: The market closed higher and crawled back into the recent trading range yesterday. The trade noted that speculators were very short and that the crop is delayed. USDA showed that the crop progress has been catching up and that crop condition is holding despite the recent rains in the Delta and Southeast. [...]

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Morning Softs 6/22/15

On June 22, 2015 - 9:52 AM By

COTTON General Comments: Lower prices on Friday produced an unchanged close in US futures markets for the week. Overall price action is weak. US weather is starting to improve in Cotton areas as drier weather has returned to Texas and the Delta and some showers were seen in the Southeast. Crop conditions should improve, and [...]

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Morning Grains 6/22/15

On June 22, 2015 - 9:49 AM By

DJ Informa Economics Lowers Forecast for U.S. Soybean Plantings in 2015 By Jesse Newman CHICAGO–U.S. farmers will plant a record 86.8 million soybean acres in 2015, according to projections made Friday by private forecaster Informa Economics. The figure is the highest ever for soybean acreage, up 3.7%, or 3.1 million acres, from last year, but [...]

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Morning Softs 6/19/15

On June 19, 2015 - 9:55 AM By

COTTON General Comments: Futures closed mostly higher as the US Dollar moved lower and as the tropical system moved into some Delta production areas. Texas production areas should be in good condition, but some Delta areas could get too much rain. There remains little Cotton for sale in the domestic cash market, but ideas are [...]

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Morning Softs 6/18/15

On June 18, 2015 - 9:15 AM By

COTTON General Comments: Futures closed lower as fears that a tropical storm could hurt crops faded and as the storm moved north. There remains little Cotton for sale in the domestic cash market, but ideas are that buyers are willing to try to wait out rallies as demand ideas are not strong. Most in the [...]

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Morning Softs 6/17/15

On June 17, 2015 - 9:31 AM By

COTTON General Comments: Futures closed higher in a very active volume day on fears that a tropical storm could hurt crops. USDA showed good planting progress in the Monday reports, but another round of rains will keep the planting pace slower this week. There remains little Cotton for sale in the domestic cash market, but [...]

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