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 […]
Not only does it appear that the Biden administration is losing control of the oil market, sort of how they lost control of our border […]
Continue Reading →COTTON
General Comments: Cotton closed higher again yesterday on speculator buying tied to positioning before the USDA WASDE reports that will be released later […]
We kickoff the day with Export Sales, Fed Barkin Speech, Initial Jobless Claims, Continuing Jobless Claims, Jobless Claims 4-Week Average, and Wholesale Trade at 7:30 […]
Continue Reading →The impact of the BP Whiting Indiana refinery outage was already felt in yesterday’s Energy Information Administration (EIA) weekly status update and it will be […]
Continue Reading →We kickoff the day with MBA 30-Year Mortgage Rate, MBA Mortgage Applications, MBA Mortgage Market Index, MBA Mortgage Refinance Index, MBA Purchase at 6:00 A.M., […]
Continue Reading →
Grains Report 02/12/2024
WHEAT
Continue Reading →General Comments: Wheat was lower last week on big world supplies and low world prices. HRW futures was the weakest market. The weekly […]