The German manufacturing data had the markets do an about-face as we have another report or headline that “chicken little the sky is falling”! Once […]
Continue Reading →COTTON
General Comments: Cotton was higher on big fund buying as May futures moved once again above 76.00 and this time was able to […]
It’s a slow ride on a March Madness Friday as oil pulls back a bit on global slowdown fears. Oil prices were up early, then […]
Continue Reading →DJ U.S. Export Sales: Weekly Sales Totals – Mar 21
For the week ended Mar 14, in thousand metric tons, except cotton in
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COTTON
General Comments: Cotton was a little lower in consolidation trading. Everyone is waiting for the resolution of the US-China trade dispute, and the […]
We kickoff the day with Export Sales and Jobless Claims at 7:30 A.M. followed by EIA Gas Storage at 9:30 A.M. On the Corn front […]
Continue Reading →The Energy Information Administration (EIA) gave the energy world a wake-up call after reporting that U.S. commercial crude oil inventories plunged by 9.6 million barrels […]
Continue Reading →WHEAT
General Comments Winter Wheat markets were slightly lower and Minneapolis Spring Wheat prices closed higher. Chicago SRW prices are now challenging important resistance […]
COTTON
General Comments: Cotton was higher yesterday and prices took out resistance areas near 76.00 May. However, the rally above that level did not […]
Oil prices, based on the fact that oil supplies are falling against the seasonal trend, probably should be moving higher than they are but rallies […]
Continue Reading →DJ USDA Grain Inspections for Export in Metric Tons – Mar 18
COUNTRY OF DESTINATION IS REPORTED AS KNOWN AT THE TIME OF EXPORTATION.
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Grains Report 03/22/19
WHEAT
Continue Reading →General Comments Winter Wheat markets were higher and Minneapolis Spring Wheat prices closed higher. The export sales report was not strong, but the […]