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I’ve seen fire and rain and both of those could impact oil prices today. Massive rains in Houston have caused flooding and could impact oil […]
Continue Reading →DJ U.S. Export Sales: Weekly Sales Totals-May 16
For the week ended May 9, in thousand metric tons, except cotton in
thousand running […]
DJ U.S. Export Sales: Weekly Sales Totals-May 16
For the week ended May 9, in thousand metric tons, except cotton in
thousand running […]
Let’s face it, the OPEC plus cartel the International Energy Agency (IEA) and the Energy Information Administration EIA are basically a hot mess. The growing divergence […]
Continue Reading →JULY WHT Who would have thunk it just a mere month ago – the lowly, often beat-up wht mkt emerging as the upside leader at […]
Continue Reading →DJ CBOT Delivery Intentions: Totals – May 15
Source: CME Group
Contract Quantity Next Trade
Commodity Month Delivery Day Assigned Today Date […]
COTTON
General Comments: Cotton was lower yesterday and trends are still mixed in the market. The weekly crop progress report showed goo planting progress […]
The timing of Biden’s directing his trade representative to increase tariffs under Section 301 of the Trade Act of 1974 on $18 billion of imports […]
Continue Reading →COTTON
General Comments: Cotton was a ;ittle higher yesterday and trends are still mixed in the market. USDA increased production for the coming year […]
We kickoff the day with NFIB Business Optimism Index at 5:00 A.M., PPI MoM & YoY, Core PPI MoM & YoY, PPI, PPI Ex Food, […]
Continue Reading →Get ready to float your oil boat as data from OPEC and floating storage suggests the global oil market tightening. While US crude oil inventory […]
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Softs Report 05/17/2024
COTTON
Continue Reading →General Comments: Cotton was higher yesterday on positive weekly export sales and ideas that the market was oversold. Trends are turning mixed on […]