WHEAT
General Comments: The markets were higher yesterday despite forecasts for very beneficial rains for the Great Plains and Midwest. The rains will allow […]
COTTON
General Comments: Cotton was higher yesterday in recovery trading as the Israeli bombing of Iran did not hit oil production facilities and as […]
We kickoff the day with MBA 30-Year Mortgage Rate, MBA Mortgage Applications, MBA Mortgage Market Index, MBA Mortgage Market Index, MBA Mortgage Refinance Index, and […]
Continue Reading →Global markets are increasingly pricing in a President Trump reelection after Joe Biden said that, ‘the only garbage I see floating out there is his […]
Continue Reading →DEC CORN An “export rally” from mid-October of 25 cents (400-425) was corrected this week as harvest pressure from a record US crop, an expected […]
Continue Reading →DJ USDA Grain Inspections for Export in Metric Tons – Oct 28
WA_GR101
Washington, DC Mon Oct 28, 2024 USDA Market News
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COTTON
General Comments: Cotton was lower yesterday as export demand remains weak and the US Dollar was strong. Trends are mixed in this market. […]
We kickoff the day with Goods Trade Balance Adv, Retail Inventories Ex Autos MoM Adv, and Wholesale Inventories MoM Adv at 7:30 A.M., Redbook YoY […]
Continue Reading →Bull and bears will have to bridge the gap. In technical analysis there is an old saying that gaps are meant to be filled. The […]
Continue Reading →WHEAT
General Comments: The markets were lower last week despite a relatively strong weekly export sales report from USDA and ideas of reduced production […]
Spooky Bullish and Bearish Scary. The Energy Report 10/31/2024
It’s Halloween. Everyone is entitled to one good scare. The Energy Information Administration (EIA) came out with a spooky bullish weekly supply and demand report […]
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