Currently viewing the tag: "Morning Softs"

Morning Softs. 12/05/16

On December 5, 2016 - 10:05 AM By

COTTON
General Comments: Cotton futures were slightly higher on Friday, but a Little lower for the week. It remains in a trading range. The weekly charts show that futures are still trading above major support around 7000. Also, the weekly charts show that Cotton has been in a uptrend for most of the year […]

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Morning Softs. 12/02/16

On December 2, 2016 - 9:35 AM By

See Brazil’s commodities exports for November – Reuters News
01-Dec-2016 12:15:28 PM
SAO PAULO, 1 Dec (Reuters) – Brazil’s Trade Ministry published on thursday export data for the month of november. See the table below for the main commodities exports:
Commodity November 2016 October 2016 November 2015
COFFEE(60 KG BAG) 2,999,483 […]

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Morning Softs. 12/01/16

On December 1, 2016 - 11:05 AM By

COTTON
General Comments: Cotton futures were a little higher after trading both sides of unchanged. Futures markets remain in a trading range. Traders are selling due to the slow harvest in Texas amid good conditions and on ideas that the production there will be bigger than expectations. Chart trends are sideways on the daily […]

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Morning Softs. 11/30/16

On November 30, 2016 - 11:01 AM By

COTTON
General Comments: Cotton futures were lower, but continued to hold the recent trading range. The market seems to be waiting for some new so the end of harvest to make a move, but there has been good resistance near the 7200 March area that has created some selling interest.. Traders are selling due […]

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Morning Softs. 11/29/16

On November 29, 2016 - 9:39 AM By

COTTON
General Comments: Cotton futures were higher on ideas that demand can continue to improve. The negative Chinese import data for October was ignored by the trade. Traders are selling due to the slow harvest in Texas amid good conditions and on ideas that the production there will be bigger than expectations. Chart trends […]

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Morning Softs. 11/28/16

On November 28, 2016 - 10:30 AM By

COTTON
General Comments: Cotton futures were lower despite strong weekly export sales from USDA. Traders are selling due to the slow harvest in Texas amid good conditions and on ideas that the production there will be bigger than expectations. Chart trends are sideways on the daily and up weekly charts. More talk of smaller […]

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Morning Softs. 11/23/16

On November 23, 2016 - 9:54 AM By

COTTON
General Comments: Cotton futures were mixed for one more day. The main feature was the Rolling of positions in December contracts as the deliveries start today. Traders are talking the bare side of the market as they note slow harvest in Texas amid good conditions and suggest that the production there will be […]

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Morning Softs 11/22/16

On November 22, 2016 - 10:11 AM By

COTTON
General Comments: Cotton futures were mixed in consolidation trading. Bullish traders were not able to force new highs for the move, but bearish traders felt that the market held too well and did not move sharply to the down side. The USDA progress reports showed that the Cotton harvest remains very slow. Chart […]

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Morning Softs 11/21/16

On November 21, 2016 - 9:52 AM By

COTTON
General Comments: Cotton futures were higher in December as First Notice Day came close, but were lower in all other months. Chart trends are up on the daily and weekly charts. More talk of smaller crops in China helped, as did news that Indian prices are holding stronger than expected. India is making […]

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Morning Softs. 11/18/16

On November 18, 2016 - 9:49 AM By

COTTON
General Comments: Cotton futures were higher all day and moved through some big resistance areas on the charts. Chart trends are now up. More talk of smaller crops in China helped, as did news that Indian prices are holding stronger than expected. The US harvest should be moving fast with very good weather, […]

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Morning Softs. 11/17/16

On November 17, 2016 - 9:50 AM By

Alerts History
• 17-Nov-2016 07:00:00 AM – FED CHAIR YELLEN SAYS FOMC JUDGED AT NOVEMBER MEETING A RATE INCREASE COULD WELL BECOME APPROPRIATE RELATIVELY SOON
• 17-Nov-2016 07:00:00 AM – YELLEN: RISK OF FED FALLING BEHIND CURVE ON INFLATION STAYS LIMITED AT LEAST FOR NEAR FUTURE, WARRANTING ONLY GRADUAL RISES IN FED FUNDS […]

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Morning Softs. 11/16/16

On November 16, 2016 - 10:13 AM By

COTTON
General Comments: Cotton futures were higher all day, but faded from important resistance areas. The US harvest should be moving fast with very good weather. However, the harvest has slipped behind the five year average in the last week. It remains mostly dry, and harvest progress should start to improve. Ideas are that […]

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