COTTON
General Comments: Futures were lower for the week on some speculative selling before the WASDE reports due on Wednesday morning. Support is still […]
We start off the day with NFIB Business Optimism Index (APR) at 5:00 A.M., Redbook YoY (08/May) at 7:55 A.M., ISM New York Index (APR) […]
Continue Reading →The hack attack on the Colonial Pipeline is entering day 5 and is already causing some spot shortages of gasoline on the East Coast as […]
Continue Reading →Wed May 12th is Last Trading Day for May Gas Oil. All positions must be liquidated by close of business tomorrow, Tues May 11th. Thurs May 13th is Last […]
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General Comments: Wheat markets were higher. Mostly dry conditions are in the forecast for this week in western Texas. Minneapolis was higher as […]
COTTON
General Comments: Futures were higher for the week with support coming from dry weather in Texas and resistance from weaker demand as seen […]
We kickoff the day with ISM New York Index (APR) at 8:45 A.M., Consumer Inflation Expectations (APR) and Export Inspections at 10:00 A.M., 3-Month and […]
Continue Reading →The cyberattack on the Colonial pipeline is an act of terrorism and is a major threat to the U.S. economy as well as the health […]
Continue Reading →WHEAT
General Comments: Wheat markets were mixed as profit taking hit the pit and despite the dry weather concerns for the Great Plains. Mostly […]
COTTON
General Comments: Futures were a sharply higher in nearby months and higher in new crop months with support coming from dry weather in […]
The oil comeback trade is pausing as the market awaits the jobs numbers this morning. Yesterday, oil prices dipped on ongoing India demand concerns and […]
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Grains Report 05/11/2021
WHEAT
Continue Reading →General Comments: Wheat markets were sharply lower as forecasts for beneficial precipitation in the Great Plains and Canadian Prairies were seen. Mostly dry […]