We start off the day with Personal Income MoM (SEP), Personal Spending MoM (SEP), Employment Cost index QoQ (Q3), PCE Price Index YoY & MoM […]
Continue Reading →Financials: As of this writing (6;45am) December Bonds are 6 higher at 174’7 and up 0’29 for the week, 10 Yr. Notes unchanged over night […]
Continue Reading →MORNING GRAINS COMMENTS
Jack Scoville Thursday, October 29, 2020 Price Futures Group, CBOT
Chicago, IL
(312) 264-4322
jscoville@pricegroup.com JSL, SA de […]
COTTON
General Comments Cotton closed lower on trading tied to the higher US Dollar and sharply lower stock market indexes. Heavy rains are returning […]
We start off the day with Export Sales, GDP Growth Rate QoQ Adv. (Q3), Initial Jobless Claims (24/OCT), Jobless Claims 4-Week Average (24/OCT), GDP Price […]
Continue Reading →Reports of 50-foot waves created from Hurricane Zeta’s winds around the LOOP Louisiana Offshore Oil PORT is not the wave that has oil traders most […]
Continue Reading →NOV BEANS Nov Beans are taking a breather – and deservedly so after a stunning $2.20 rally (870-1090) since the August WASDE Report! With the […]
Continue Reading →WHEAT
General Comments: Winter Wheat markets were lower on reports of very beneficial rains in the southern and western Great Plains. Parts of southern […]
COTTON
General Comments Cotton closed slightly higher in cautious trading. Heavy rains are returning to the Southeast this week and Cotton could be hurt […]
We start off the day with MBA Mortgage Applications (23/OCT) and MBA 30-Year Mortgage Rate (23/OCT) at 6:00 A.M., Goods Trade Balance Adv. (SEP) and […]
Continue Reading →Oil prices are getting battered as the American Petroleum Institute (API) reports a large crude oil build, and the coast gets prepared for Hurricane Zeta. […]
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Extending The Cuts. The Energy Report 10/30/2020
Oil bulls have been in a knife fight and getting cut as global Covid lockdowns expand. While demand destruction due to the lockdowns will be […]
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