Currently viewing the tag: "Softs"

Financials: Dec. Bonds are currently 13 lower at 142’22, 10 Yr. Notes 7 lower at 127’19 and the 5 Yr. Note 4 lower at 120’07. These markets have set back from last weeks lofty numbers as equities have had a near 50% correction to the upside from their recent lows due to some surprisingly good [...]

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As I have aged and the girth around my midsection grew I finally decided to get healthy. I wouldn’t really call it a diet but a common sense lifestyle. As folks have noticed and asked how much I have lost and how much more I expect to lose I used the what I like to [...]

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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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Financials: Dec. Bonds are currently 21 higher at 145’02, 10 Yr. Notes 9 higher at 128’27 and 5 Yr. notes 2.5 higher 120’25.5. Yesterday was the most volatile day in recent history as the yield on the 30 Yr. Bond dropped temporarily below 3.00% and yield on the 10 Yr. dropped below 2.00% (the low [...]

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The Windy City Trader 10/15/14

On October 15, 2014 - 2:16 PM By

Hello Fellow Traders, OK now, no offense to Red Sox or Yankees fans but it is sure nice to actually have one year in the playoffs where neither team is a participant. Hey Boston and New York fans use our motto from our Chicago baseball teams…. There is always next year. This Week’s Commentary Metals: [...]

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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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Financials: Dec. Bonds are currently 20 higher at at 142’21, 10 Yr. Notes 10.5 higher at 127’15.5 and 5 Yr. Notes 5 higher at 120’01. Continued flight to quality in treasuries as Equities set back about 6% over the last couple of weeks. I am willing to sell the 5 Yr. Note above 120’00 (I [...]

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Morning Softs 10/13/14

On October 13, 2014 - 9:57 AM By

DJ USDA Supply/Demand: Crop Summary-Oct 10 U.S. ending stocks in million bushels, except soyoil in million pounds, cotton in million (480 pound) bales and rice in million cwt. Exports and Production in million metric tons except cotton in million (480 pound) bales. Projections based on trends and analysts’ judgments, not survey date. Source: USDA’s World [...]

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Financials: Dec. Bonds are currently 12 higher at 141’21,10 Yr. Notes 12 higher at 126’29.5 and 5 Yr. Notes 9.5 higher at 119’24. The market is still in “risk off” mode as investors look to U.S. treasuries in a flight to safety as equities give up most of their gains from year to date. I [...]

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Morning Softs 10/10/14

On October 10, 2014 - 11:03 AM By

COTTON General Comments: Futures closed lower after bad weekly export sales and as traders get ready for the USDA production and supply and demand reports on Friday. Prices are getting below the loan rate now, and producers are likely to take out USDA loans instead of move Cotton into the cash market. Such moves could [...]

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