Currently viewing the tag: "Morning Softs"

Morning Softs 4/17/14

On April 17, 2014 - 9:01 AM By

COTTON General Comments: Futures were higher, but held the recent trading range. Ideas of short domestic supplies available to the market supported nearby months. Demand is a problem as the market as China keeps moving to reduce its government supplies. The government is releasing some of its supplies to millers at competitive prices when compared [...]

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Morning Softs 4/16/14

On April 16, 2014 - 9:34 AM By

COTTON General Comments: Futures were lower, but held the recent trading range. The price action overall has not been real strong, and some traders think a major top is being built. Ideas of short domestic supplies available to the market supported nearby months. Demand is a problem as the market as China keeps moving to [...]

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Morning Softs 4/15/14

On April 15, 2014 - 10:10 AM By

COTTON General Comments: Futures were higher in nearby months, but lower in deferred months. The price action overall has not been real strong, but Bulls seem unwilling to give up. Ideas of short domestic supplies available to the market supported nearby months. Demand is a problem as the market has seen selling due to reduced [...]

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Morning Softs 4/14/14

On April 14, 2014 - 9:08 AM By

COTTON General Comments: Futures were unchanged to higher as worried about demand in the near term went against bad planting weather in the US. Demand is a problem as the market has seen selling due to reduced prices for Chinese government supplies and ideas that Chinese imports could be sharply curtailed in the coming months. [...]

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Morning Softs 4/10/14

On April 10, 2014 - 10:27 AM By

COTTON General Comments: Futures were lower in buy the rumor and sell the fact trading after USDA cut production in the USDA supply and demand reports. The demand side was adjusted to account for the lost production, and ending stocks estimates were left unchanged. World data showed a slight increase in supplies. Demand is a [...]

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Morning Softs 4/9/14

On April 9, 2014 - 10:30 AM By

COTTON General Comments: Futures were higher in anticipation of lower production and lower ending stocks estimates in the USDA supply and demand reports that will come out later this morning. Demand is a problems as the market has seen selling due to reduced prices for Chinese government supplies and ideas that Chinese imports could be [...]

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Morning Softs 4/8/14

On April 8, 2014 - 10:24 AM By

COTTON General Comments: Futures were lower on demand fears. Ideas that USDA will need to cut production and ending stocks in its monthly supply and demand updates that come out tomorrow provided a little support. The market has seen selling due to reduced prices for Chinese government supplies and ideas that Chinese imports could be [...]

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Morning Softs 4/7/14

On April 7, 2014 - 10:03 AM By

COTTON General Comments: Futures were higher on ideas that USDA will need to cut production and ending stocks in its monthly supply and demand updates that come out this week. The market had absorbed some selling earlier last week due to reduced prices for Chinese government supplies. The move by the Chinese government comes as [...]

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Morning Softs 4/4/14

On April 4, 2014 - 9:53 AM By

COTTON General Comments: Futures were lower again. Nearby months absorbed the most selling on demand fears, especially from China and bears also noted weaker export sales as reported by USDA yesterday. The market had absorbed some selling due to reduced prices for Chinese government supplies. The government has moved again to lower prices for Cotton [...]

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Morning Softs 4/3/14

On April 3, 2014 - 11:35 AM By

DJ U.S. February Coffee, Cocoa Imports-Apr 3 In kilograms from the U.S. Commerce Department, converted to pounds by Dow Jones. —-Feb 2014—- —-Jan 2014—- -coffee- kilograms pounds kilograms pounds coffee, unroasted 96,072,966 211,840,890 93,999,171 207,268,172 coffee, roasted 4,824,354 10,637,701 5,012,167 11,051,828 coffee, soluble instant 2,707,726 5,970,536 3,431,804 7,567,128 -Cocoa- cocoa beans 80,236,802 176,922,148 38,677,373 85,283,607 [...]

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Morning Softs 4/2/14

On April 2, 2014 - 10:04 AM By

COTTON General Comments: Futures were mixed, but mostly lower. Nearby months absorbed the most selling on demand fears, especially from China. The market had absorbed some selling due to news of reduced prices for Chinese government supplies. The move by the Chinese government is designed to reduce government stocks and cut import demand. The domestic [...]

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Morning Softs 4/1/14

On April 1, 2014 - 10:33 AM By

COTTON General Comments: Futures were mixed, with nearby months a little lower and new crop months a little higher. USDA showed that farmers intend to plant 11.1 million acres of Cotton this year, from 10.4 million last year. The report was in line with trade expectations. The market had absorbed some selling due to news [...]

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