From the monthly archives: February 2024
COTTON
General Comments: Cotton closed lower yesterday and price trends are still up on the daily charts on reports of stronger demand and reports […]
Oil prices hit a three-and-a-half month high, yet the oil products flopped in hopes that refiners may be able to meet current demand. Even as […]
Continue Reading →WHEAT
General Comments: Wheat was higher again yesterday on what appeared to be speculative short covering before the March deliveries get started tomorrow. Prices […]
We kickoff the day with MBA 30-Year Mortgage Rate, MBA Mortgage Applications, MBA Mortgage Market Index, MBA Mortgage Refinance Index, and MBA Purchase Index at […]
Continue Reading →COTTON
General Comments: Cotton closed higher yesterday and price trends turned up on the daily charts on reports of stronger demand. The demand news […]
While OPEC signals to the market that their production cuts will be extended and signs that Chinese oil demand will continue to rebound, today the […]
Continue Reading →COTTON
General Comments: Cotton closed higher yesterday but held the range from the previous week. The demand news has been solid in this market […]
WHEAT
General Comments: Wheat was higher yesterday on what appeared to be speculative short covering before the March deliveries get started. Big world supplies […]
We kickoff the day with Durable Goods Orders MoM, Durable Goods Orders Ex Transportation MoM, Durable Goods Orders ex Defense MoM, and Non-Defense Orders Ex […]
Continue Reading →The Iranian-backed Houthi rebels have not been thwarted from attacking ships on the Red Sea by the Biden administration and seem to be calling the […]
Continue Reading →WHEAT
General Comments: Wheat was mixed last week, with Chicago Winter What markets holding a little higher but Minneapolis Spring Wheat closing a little […]
Grains Report 02/29/2024
DJ U.S. Export Sales: Weekly Sales Totals-Feb 29
Continue Reading →For the week ended Feb 22, in thousand metric tons, except cotton in
thousand running […]