DJ USDA Grain Inspections for Export in Metric Tons – Feb 12
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Washington, DC Mon Feb 12, 2024 USDA Market News
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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 →COTTON
General Comments: Cotton closed lower yesterday after making new highs for the move. Prices held above a breakout from a sideways pattern made […]
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 →WHEAT
General Comments: Wheat was lower last week on big world supplies and low world prices. HRW futures was the weakest market. The weekly […]
Wheat: Wheat was lower last week on big world supplies and low world prices. HRW futures was the weakest market. The weekly export sales report […]
Continue Reading →COTTON
General Comments: Cotton closed higher last week and above strong resistance on the weekly charts in response to a reduction in ending stocks […]
We kickoff the week with Fed Bowman Speech at 8:20 A.M., Consumer Inflation Expectations and Export Inspections at 10:00 A.M., 3-Month & 6-Month Bill Auction […]
Continue Reading →OPEC says that other agencies are backpedaling on predicting future oil demand while the Financial Times (FT) reports that, “Total Energies Patrick Pouyanné has warned […]
Continue Reading →DJ USDA Supply/Demand: Crop Summary – Feb 8
U.S. ending stocks in million bushels, except soyoil in million pounds,
cotton in million (480 […]
COTTON
General Comments: Cotton closed higher again yesterday in response tpo a reduction in ending stocks estimates from USDA. USDA found increased demand to […]
Inflation Proof. The Energy Report 02/14/2024
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% […]
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