Currently viewing the tag: "Softs"

Morning Softs 5/4/15

On May 4, 2015 - 11:28 AM By

COTTON General Comments: Futures moved higher as the weather in the US Delta and Southeast remained very cool and wet and as weekly export sales were strong. The US weather situation is now improving as somewhat drier weather is forecast for early this week. The US will lose planted area and that will help support [...]

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Financials: June Bonds are currently 1 lower at 157’19, 10 Yr. Notes 2 lower at 127’23 and 5 Yr. Notes 1 lower at 119’26. June German Bunds are 50 lower at 156.20. If you remain short the Bund either take profits or lower your protective buy stop from 158.30 to 157.60. We have taken profits [...]

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Morning Softs 5/1/15

On May 1, 2015 - 9:41 AM By

COTTON General Comments: Futures closed higher again on continued good export sales. The demand continues to hold well and is helping to Support prices and keep the overall trends turning up. Some buying came from US Dollar weakness that could promote new export demand for the next several days. Farmers face improving planting conditions. Texas [...]

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Morning Softs 4/30/15

On April 30, 2015 - 9:16 AM By

COTTON General Comments: Futures closed higher again as the weather in the US Delta and Southeast remained very cool and wet. Some buying was seen as the trade anticipated a strong export sales report today, and some buying came from US Dollar weakness that could promote new export demand for the next several days. Farmers [...]

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Financials: June Bonds are currently 5 lower at 159’20, 10 Yr. Notes 5.5 lower at 128’11 and 5 Yr. Notes 4 lower at 120’03. German Bunds are 51 lower at 157.22. If you remain short Bunds either start taking profits or lower your protective buy stop from 158.90 to 158.30. We are taking profits on [...]

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Morning Softs 4/29/15

On April 29, 2015 - 9:45 AM By

COTTON General Comments: Futures moved a little higher again as the weather in the US Delta and Southeast remained very cool and wet. Farmers face another slow week as rains should continue for the next few days in eastern production areas. Texas is dry this week, and the Delta should turn dry starting today for [...]

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Financials: June Bonds are currently 1’08 lower at 160’07, 10 Yr. Notes 5.5 lower at 128’25 and 5 Yr. Notes unchanged at 120’12.5. German Bunds are 115 lower at 158.12. The GDP number this morning was a disappointing 0.2% vs. expectations of 1.0%. If you took Monday’s recommendation to go short the Bund either take [...]

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Morning Softs 4/28/15

On April 28, 2015 - 9:48 AM By

Crop Progress Date 26-Apr 19-Apr 2014 Avg Cotton Planted 10 8 12 16 Corn Plamted 19 9 17 25 Corn Emerged 2 3 6 Soybeans Planted 2 3 4 Rice Planted 39 32 43 54 Rice Emerged 26 17 24 34 Sorghum Planted 24 19 26 25 Sugarbeets Planted 78 57 15 42 Peanuts Planted [...]

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The Windy City Trader 4/27/15

On April 27, 2015 - 3:01 PM By

Did everyone see the Bruce Jenner interview the other night? Me neither. I think I’ll just keep my teenage memory of him waving Old Glory and waving to the crowd after setting a record while winning the Decathlon during the 1976 Olympics. This Week’s Commentary Metals: Metals continue to travel up and down fairly dependable [...]

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Morning Softs 4/27/15

On April 27, 2015 - 10:43 AM By

COTTON General Comments: Futures moved higher as the weather in the US Delta and Southeast remained very cool and wet and as weekly export sales were strong. The good export sales report help the market rally into the end of the week. Overall world demand for Cotton will remain a problem as the world’s largest [...]

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Financials: June Bonds are currently 66 lower at 162’12, 10 Yr. Notes 3 lower at 129’09.5 and 5 Yr. Notes 2.7 lower at 120’17.7. On Wednesday 1st. quarter GDP will bew announced, currently estimated at 1.0% with many analysts predicting a touch below that number. We also have a 2 day FOMC meeting this week, [...]

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PRICE Links Video Series Access commentaries by the industry’s top market analysts straight from the floor of the CME Group. Hosted by PRICE Futures Group’s Senior Analyst Phil Flynn. GRAIN DRAIN! With Jack Scoville. PRICE Futures Group’s Senior Analyst Phil Flynn discusses this week’s factors affecting the Grain and Softs markets with Jack Scoville, Sr. [...]

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