Currently viewing the tag: "Morning Softs"

Morning Softs 10/30/14

On October 30, 2014 - 11:12 AM By

COTTON General Comments: Futures higher on follow through buying. The market seems to need to find some producer selling. Producers are not selling as prices are low and the USDA loan support program offers a better deal for them. The weather is good as most US production areas are now dry and harvesting should be [...]

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Morning Softs 10/29/14

On October 29, 2014 - 11:26 AM By

COTTON General Comments: Futures higher on follow through buying. The market seems to need to find some producer selling. Producers are not selling as prices are low and the USDA loan support program offers a better deal for them. The weather is good as most US production areas are now dry and harvesting should be [...]

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Morning Softs 10/28/14

On October 28, 2014 - 10:20 AM By

COTTON General Comments: Futures closed mostly a little higher after what appeared to be chart based buying. Only December was lower. The market seems to be searching for a direction right now. Producers are not selling as prices are low and the USDA loan support program offers a better deal for them. The weather is [...]

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Morning Softs 10/27/14

On October 27, 2014 - 10:30 AM By

COTTON General Comments: Futures closed higher after what appeared to be chart based buying. Bears have been unable to break the market and decided to cover. An up tick in export sales supported prices as well. Producers are not selling as prices are low and the USDA loan support program offers a better deal for [...]

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Morning Softs 10/24/14

On October 24, 2014 - 10:15 AM By

COTTON General Comments: Futures closed mixed. An up tick in export sales supported December, but the rest of the months closed with small losses. The weather is good as most US production areas are now dry and harvesting should be very active. Bolls are open on much of the crop and should finish opening within [...]

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Morning Softs 10/23/14

On October 23, 2014 - 9:10 AM By

COTTON General Comments: Futures closed mixed as there was little news to push prices in either direction. The weather is good as most US production areas are now dry and harvesting should be very active. USDA showed good progress, and the harvest pace is ahead of last year and close to the five year average. [...]

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Morning Softs 10/22/14

On October 22, 2014 - 9:11 AM By

COTTON General Comments: Futures closed slightly higher after trading both sides of unchanged. The weather is much improved as most US production areas are now dry and harvesting should be very active. USDA showed good progress, and the harvest is ahead of last year and close to the five year average. Bolls are open on [...]

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Morning Softs 10/21/14

On October 21, 2014 - 10:21 AM By

COTTON General Comments: Futures closed mixed again yesterday, with December a little lower on ideas of good harvest progress and little export demand. The weather is much improved as most US production areas are now dry and harvesting should be very active. USDA showed good progress, and the harvest  is ahead of last year and [...]

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Morning Softs 10/20/14

On October 20, 2014 - 10:28 AM By

COTTON General Comments: Futures closed mixed on Friday, with December a little lower. The weather is much improved as most US production areas are now dry and harvesting should be very active. USDA should show rather slow harvest progress tonight, but progress should really improve with the better weather. Very little Cotton is available to [...]

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Morning Softs 10/16/14

On October 16, 2014 - 8:57 AM By

COTTON General Comments: Futures closed lower as drier weather returned to Texas and Delta production areas. There were big rains that could have damaged Cotton in open bolls, and most bolls are coming open. USDA showed that overall crop progress remains just behind normal and that condition showed marginal improvement last week. Very little Cotton [...]

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Morning Softs 10/15/14

On October 15, 2014 - 10:08 AM By

COTTON General Comments: Futures closed lower as drier weather returned to Texas production areas. There were big rains that could have damaged Cotton in open balls, and most balls are coming open. USDA showed that overall crop progress remains just behind normal and that condition showed marginal improvement last week. Very little Cotton is available [...]

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Morning Softs 10/14/14

On October 14, 2014 - 10:24 AM By

COTTON General Comments: Futures closed higher as some big rains moved through production areas. The rains could damage Cotton in open bolls, and most bolls are coming open and the Cotton is getting ready for harvest. There is the potntial for some production losses, but most of the Cotton will probably suffer some quality losses. [...]

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