Currently viewing the tag: "Softs"

Morning Softs Report 11/22/17

On November 22, 2017 - 10:45 AM By

COTTON
General Comments: Cotton was higher again in early trading, but could not hold and closed lower for the day. It was a disappointing day fr bullish traders who had hoped for the market to hold better than it did after the breakout higher on Monday. Trends turned up on the charts on Monday […]

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Morning Softs 11/21/17

On November 21, 2017 - 10:14 AM By

COTTON
General Comments: Cotton was higher again and made new hogs for the move on ideas that overall demand has been underestimated. Trends turned up on the charts and it looks like a big low has been completed The report gave the market Bulls a shot in the arm at a time when the […]

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Morning Softs 11/20/17

On November 20, 2017 - 10:14 AM By

COTTON
General Comments: Cotton was higher again Friday in response to very strong weekly export sales and on ideas that overall demand has been underestimated. The report gave the market Bulls a shot in the arm at a time when the futures market could be bottoming. The chart patterns suggest that futures could move […]

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Morning Softs Report 11/17/17

On November 17, 2017 - 10:36 AM By

ADMIS Research Bulletin
Subject: market talk
inform est US 2018 corn acres near 91.4 mil vs 90.4 last year. Crop of 14,629 mil bu vs 14,578 ly
inform est US 2018 soybean acres near 89.6 mil vs 90.2 last year. Crop of 4,397 mil bu vs 4,425 ly
Inform est US […]

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Morning Softs Report 11/16/17

On November 16, 2017 - 10:11 AM By

COTTON
General Comments: Cotton was a little higher yesterday in consolidation trading. There did not appear to be any fundamental issues or news to push prices higher or lower, so the market held the range. The futures market is watching the harvest roll along and is debating the demand for US and world Cotton. […]

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Financials: Dec. Bonds are currently 15 lower at 153’17, 10 Yr. Notes 8 lower at 124’25.5 and 5 Yr. Notes 5 lower at 116’28.5. During the last week the Bonds traded as low as 152’06. If you remain short either take profits or use a protective buy stop at 153’25. The yield curve continues to […]

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Morning Softs Report 11/15/17

On November 15, 2017 - 9:46 AM By

COTTON
General Comments: Cotton was a little lower yesterday in consolidation trading. There did not appear to be any news or fundamental issues to push prices higher or lower. The futures market is watching the harvest roll along and is debating the demand for US and world Cotton. Bullish traders say that USDA is […]

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Morning Softs Report 11/14/17

On November 14, 2017 - 9:40 AM By

COTTON
General Comments: Cotton was a little lower yesterday after trading both sides of unchanged. The futures market is watching the harvest roll along and is debating the demand for US and world Cotton. Bullish traders say that USDA is seriously underestimating demand for the fiber, while the bears look to the high USDA […]

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Morning Softs Report 11/13/17

On November 13, 2017 - 12:26 PM By

COTTON
General Comments: Cotton was higher for Friday and a little higher for the week. Futures had a muted reaction to the USDA reports last week and held to the range seen for the last few weeks. USDA showed increased production instead of a decrease that had been expected by the trade. Ending stocks […]

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Morning Softs Report 11/09/17

On November 9, 2017 - 9:30 AM By

COTTON
General Comments: Cotton was higher and futures closed back in the middle of the recent trading range. Chart patterns imply that the market is content to hold at current levels at least through the USDA reports. Harvest is progressing, but farmers are reported to be quiet sellers right nos so the cash market […]

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Financials: Dec. Bonds are currently 15 lower at 153’28, 10 Yr. Notes 3 lower at 125’05.0 and 5 Yr. Notes 2 lower at 117’04.2. During the last week we were able to sell the Dec. Bonds above the 154’00 level as the market traded as high as 154’26. If you took advantage of the rally […]

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Morning Softs Report 11/08/17

On November 8, 2017 - 10:32 AM By

COTTON
General Comments: Cotton was lower and futures closed near the low-end of the recent trading range. Chart patterns imply that further weakness is coming, although real prices moves might have to wait until the USDA reports are released tomorrow. Speculators were the best sellers, and some were reducing long positions before the reports and […]

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