Oil prices are coming in like a lion. March is here and the Energy Information Administration (EIA) had to admit that US oil demand has […]
Continue Reading →DJ U.S. Export Sales: Weekly Sales Totals-Feb 29
For the week ended Feb 22, in thousand metric tons, except cotton in
thousand running […]
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 […]
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Softs Report 03/01/2024
COTTON
Continue Reading →General Comments: Cotton closed lower yesterday and price trends are still up on the daily charts on reports of stronger demand and reports […]