We start off the day with Consumer Inflation Index (Mar) and Export Inspections at 10:00 A.M., 3-Month and 6-Month Bill Auction at 10:30 A.M., 10-Year […]
Continue Reading →Oil prices are snapping back on news of another Houthi attack on a Saudi oil facility during a weekend where geo-political risk factors for oil […]
Continue Reading →While the world becomes more dangerous, the oil market gets quiet. Tensions between Russia and Ukraine as well as the Israeli-Iranian shadow war, is creating […]
Continue Reading →MAY CORN The USDA has a bent toward “surprise reports” and their latest offering on Mar 31 the Acreage & Qtly Stocks – was no […]
Continue Reading →Financials: As of this wring (6:15am) June Bonds are currently 2 higher at 156’14 up 31 for the week, 10 Year notes 2 higher at […]
Continue Reading →WHEAT General Comments: Wheat markets were lower as traders started to prepare for the USDA WASDE estimates that will be released on Friday morning. Some […]
Continue Reading →COTTON General Comments: Futures were lower in early trading and mostly held the gains to close higher. Traders were reacting to the lack of rain […]
Continue Reading →We start off the day with Export Sales, Initial Jobless Claims, Jobless Claims 4-Week Average and Continuing Jobless Claims at 7:30 A.M., EIA Natural Gas […]
Continue Reading →The Biden administration is trying to win friends in Iran and influence Ayatollahs basically begging and pleading for Iran to rejoin the 2015 nuclear deal. […]
Continue Reading →WHEAT
General Comments: Wheat markets were lower despite dry weather forecasts for the US Great Plains and the weaker US Dollar. Traders thought that […]
COTTON
General Comments: Futures shot higher in early trading and mostly held the gains to close higher. Traders were reacting to the lack of […]
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Softs Report 04/12/2021
COTTON
Continue Reading →General Comments: Futures were higher and trends turned up on the daily and the weekly charts. Futures have reacted in a positive way […]