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DJ U.S. Export Sales: Weekly Sales Totals-Nov 16
For the week ended Nov 9, in thousand metric tons, except cotton in
thousand running […]
We kickoff the day with Fed Cook Speech at 5:00 A.M., Fed Barr Speech at 6:10 A.M., Exports Sales, Export Prices MoM & YoY, Import […]
Continue Reading →COTTON
General Comments: Cotton closed a little lower yesterday in consolidation trading after the big rally seen the previous day due to a sharp […]
Hedge funds with their near-record short position still control the market’s direction until proven wrong. The shorts are betting that OPEC won’t have the stomach […]
Continue Reading →DJ CBOT Delivery Intentions: Totals – Nov 15
Source: CME Group
Contract Quantity Next Trade
Commodity Month Delivery Day Assigned Today Date […]
COTTON
General Comments: Cotton closed higher yesterday on buying related to market positive CPI dta released by the US government and the sharp move […]
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 →Oil prices still can’t turn the bullish corner as the Biden administration makes it clearer that Iran will not face any consequences for funding one […]
Continue Reading →JAN BEANS It was feared the negative November WASDE – 4.129 (4.104) & 49.9 (49.6) issued 11-9 would top the mkt out but it appears […]
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Oil’s Little Recession. The Energy Report 11/17/2023
The Fed might not see a recession coming but the oil market is pricing one in. Oil collapsed into “bear market territory” in a technical […]
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