Currently viewing the category: "Market Commentaries"

Softs Report 02/15/2024

On February 15, 2024 - 10:43 AM By

COTTON
General Comments: Cotton closed higher yesterday and the price action was strong and attempted to confirm the new up trend after a big […]

Continue Reading

We kickoff the day with Retail Sales MoM & YoY, Export Prices MoM & YoY, Import Prices MoM & YoY, Initial Jobless Claims, NY Empire […]

Continue Reading

OPEC and the International Energy Agency can’t seem to agree on anything. Not only has a war of words broken out between these two groups, […]

Continue Reading

Grains Report 02/14/2024

On February 14, 2024 - 10:44 AM By

WHEAT
General Comments: Wheat was mostly a little lower yesterday as new buying entered the pit despite big world supplies and low world prices. […]

Continue Reading

Softs Report 02/14/2024

On February 14, 2024 - 9:55 AM By

COTTON
General Comments: Cotton closed higher yesterday. Prices held above a breakout from a sideways pattern made on Friday after giving that area a […]

Continue Reading

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

Inflation Proof. The Energy Report 02/14/2024

On February 14, 2024 - 8:54 AM By

Somehow oil and petroleum products become Inflation-Proof when the supply side starts to drain. The consumer price index came in hotter than expected at 3.1% […]

Continue Reading

Grains Report 02/13/2024

On February 13, 2024 - 10:20 AM By

DJ USDA Grain Inspections for Export in Metric Tons – Feb 12
WA_GR101
Washington, DC Mon Feb 12, 2024 USDA Market News
[…]

Continue Reading

We kickoff the day with NFIB Business Optimism Index at 5:00 A.M., Core Inflation Rate MoM & YoY, Inflation Rate MoM & YoY, CPI, CPI […]

Continue Reading

Softs Report 02/13/2024

On February 13, 2024 - 9:54 AM By

COTTON
General Comments: Cotton closed lower yesterday after making new highs for the move. Prices held above a breakout from a sideways pattern made […]

Continue Reading

As soon as the International Energy Agency (IEA) tells you that they are comfortable with the global oil supply outlook, it is time to worry. […]

Continue Reading

Grains Report 02/12/2024

On February 12, 2024 - 9:57 AM By

WHEAT
General Comments: Wheat was lower last week on big world supplies and low world prices. HRW futures was the weakest market. The weekly […]

Continue Reading