We kickoff the day with Fed Chair Powell Speech, New Home Sales, and New Home Sales MoM at 9:00 A.M., Baker Hughes Oil & Total […]
Continue Reading →The petroleum markets that have crashed despite data showing robust demand and tight supply should be a flashing caution light for Federal Reserve Chairman Jerome […]
Continue Reading →We kickoff the day with Chicago Fed National Activity Index, Initial Jobless Claims, Continuing Jobless, and Jobless Claims 4-Week Average at 7:30 A.M., S&P Global […]
Continue Reading →DJ U.S. Export Sales: Weekly Sales Totals-Aug 22
For the week ended Aug 15, in thousand metric tons, except cotton in
thousand running […]
COTTON
General Comments: Cotton was higher again yesterday on follow through buying in response the USDA crop reports that showed deteriorating conditions in the […]
You can’t hide your lying eyes, but the Bureau of Labor Statistics sure tried. The U.S. Bureau of Labor Statistics had to fess up and […]
Continue Reading →Tomorrow is First Notice Day for Sep24 ICE-US Coffee. Monday, Aug 26th is First Notice Day for Sep24 ICE-US Cocoa.
Continue Reading →WHEAT
General Comments: Wheat was a little higher in all three markets on stable overseas prices reported in Russia and Europe. US harvest progress […]
COTTON
General Comments: Cotton was higher yesterday in response the USDA crop reports that showed deteriorating conditions. There are still ideas of weaker demand […]
NOV BEANS LOW PRICES CURE LOW PRICES! It always happens! And now we’re witnessing this phenomenon one more time! The bearish 8-12-24 USDA REPORT pegged […]
Continue Reading →We kickoff the day with MBA 30-Year Mortgage Rate, MBA Mortgage Applications, MBA Mortgage Market Index, MBA Mortgage Market Refinance Index, and MBA Purchase Index […]
Continue Reading →
Softs Report 08/23/2024
COTTON
Continue Reading →General Comments: Cotton was lower yesterday on another week of bad export sales reported by USDA. There are still ideas of weaker demand […]