Currently viewing the tag: "Morning Softs"

Morning Softs. 09/22/16

On September 22, 2016 - 9:35 AM By

Alerts History
• 22-Sep-2016 04:42:40 AM – INDIA’S 2016/17 SUMMER-SOWN RICE OUTPUT SEEN AT RECORD 93.88 MILLION T- GOVT
• 22-Sep-2016 04:42:46 AM – INDIA’S 2016/17 SUMMER-SOWN TOTAL GRAINS SEEN AT RECORD 135.03 MILLION T – GOVT
• 22-Sep-2016 04:44:07 AM – INDIA’S 2016/17 SUMMER-SOWN CORN OUTPUT SEEN AT 19.30 MLN T […]

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Morning Softs. 09/21/16

On September 21, 2016 - 9:33 AM By

COTTON
General Comments: Cotton futures closed higher as more rain is forecast for production areas that could cause harvest delays. Harvest progress has been slow, but there is time as just half of the bolls are now open. The forecasts implied that the harvest will stay slow and also that there could be some […]

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Morning Softs. 09/20/16

On September 20, 2016 - 10:06 AM By

COTTON
General Comments: Cotton futures closed higher as a big storm passed through West Texas over the weekend and as more rains were seen in the Southeast. Harvest progress has been slow, but there is time as just half of the bolls are now open. The forecasts implied that the harvest will stay slow […]

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Morning Softs. 09/19/16

On September 19, 2016 - 9:38 AM By

COTTON
General Comments: Cotton futures closed lower on Friday as the US harvest is expected to start increasing as son as this week. USDA forecast increased production potential to start the week, and the futures market spent most of the week on the defensive. Daily charts still show the possibility that a bear flag […]

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Morning Softs. 09/16/16

On September 16, 2016 - 9:14 AM By

COTTON
General Comments: Cotton futures closed higher as rain fell in West Texas and in India. The rains could delay any harvest and could hurt open bolls. The rains in India appear to be hurting crop quality and might hurt yields. The rains in Texas should not really be severe, but there will be […]

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Morning Softs. 09/15/16

On September 15, 2016 - 10:39 AM By

COTTON
General Comments: Cotton futures closed higher on forecasts for rain in West Texas. The rains could delay any harvest and could hurt open bolls. The rains should not really be severe, but there will be chances each day into next week. Market weakness is still expected in the short term as the harvest […]

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Morning Softs. 09/14/16

On September 14, 2016 - 9:12 AM By

COTTON
General Comments: Cotton futures closed slightly higher in consolidation trading. Market weakness is still expected in the short term as the harvest is started and as USDA is looking for a big crop. USDA said that the crop will be very big, and that all the extra production will be taken into the […]

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Morning Softs. 09/13/16

On September 13, 2016 - 9:49 AM By

COTTON
General Comments: Cotton futures closed lower on bigger than expected production and ending stocks estimates from USDA. USDA said that the crop will be very big, and that all the extra production will be taken into the next crop year. It made no big changes to the demand side of the reports. Domestic […]

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Morning Softs. 09/12/16

On September 12, 2016 - 9:47 AM By

COTTON
General Comments: Cotton futures closed lower despite another very strong export sales report. The US sold over 300,000 bales of Cotton last week for one of the best sales weeks of the year. Attention has turned to the USDA reports that will be released later this morning that could show some reduction in […]

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Morning Softs. 09/09/16

On September 9, 2016 - 9:49 AM By

COTTON
General Comments: Cotton futures closed mixed, with nearby months a little lower and deferred months a little higher. Attention has turned to the USDA reports on Monday that could show some reduction in production and ending stocks due to dry weather earlier in Texas and the recent big rains in Georgia. Crops are […]

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Morning Softs. 09/08/16

On September 8, 2016 - 10:10 AM By

COTTON
General Comments: Cotton futures closed higher after holding Support areas at midseason. Some big rains are moving through Arizona and over to Texas this week. The market was still hearing reports of what happened to crops from Hermine in Eastern areas last week. The wire reports were confirmed by USDA Monday night that […]

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Morning Softs. 09/07/16

On September 7, 2016 - 11:45 AM By

COTTON
General Comments: Cotton futures closed higher in response to wire reports of some damage to crop in Georgia from Hermine last week. The wire reports were confirmed by USDA overnight that showed some deterioration to the crops in the state. There was heavy rain, but the system moved rapidly and it is likely […]

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