Currently viewing the tag: "Softs"

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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Financials: Dec. Bonds are currently 20 higher at 142’11, 10 Yr. Notes 8 higher at 127’08 and the 5 Yr. Note 4 higher at 120’01.2. Need to know: On Wednesday June Bonds rallied sharply jumping more than 10’00 points to above 151’00, as the rest of the market was more or less unchanged. The June [...]

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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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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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