From the monthly archives: May 2021

Grains Report 05/11/2021

On May 11, 2021 - 10:14 AM By

WHEAT
General Comments: Wheat markets were sharply lower as forecasts for beneficial precipitation in the Great Plains and Canadian Prairies were seen. Mostly dry […]

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Softs Report 05/11/2021

On May 11, 2021 - 9:17 AM By

COTTON
General Comments: Futures were lower for the week on some speculative selling before the WASDE reports due on Wednesday morning. Support is still […]

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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) […]

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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 […]

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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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Grains Report 05/10/2021

On May 10, 2021 - 10:35 AM By

WHEAT
General Comments: Wheat markets were higher. Mostly dry conditions are in the forecast for this week in western Texas. Minneapolis was higher as […]

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Softs Report 05/10/2021

On May 10, 2021 - 10:32 AM By

COTTON
General Comments: Futures were higher for the week with support coming from dry weather in Texas and resistance from weaker demand as seen […]

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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 […]

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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 […]

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Grains Report 05/07/2021

On May 7, 2021 - 11:05 AM By

WHEAT
General Comments: Wheat markets were mixed as profit taking hit the pit and despite the dry weather concerns for the Great Plains. Mostly […]

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Softs Report 05/07/2021

On May 7, 2021 - 10:48 AM By

COTTON
General Comments: Futures were a sharply higher in nearby months and higher in new crop months with support coming from dry weather in […]

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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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