We kickoff the day with S&P Global Composite PMI Final and S&P Global Services PMI Final at 8:45 A.M., ISM Services PMI, Factory Orders MoM, ISM […]
Continue Reading →The Saudi Energy Minister likes to be known as the Alan Greenspan of the global oil market but this weekend he came off more like […]
Continue Reading →We kickoff the day with Export Sales, Unemployment Rate, Nonfarm Payrolls, Participation Rate, Average Hourly Earnings MoM & YoY, Average Weekly Hours, Government Payrolls, Manufacturing […]
Continue Reading →Oil prices and product prices have rocketed back, not so much on the fact that demand is strong and supplies are tight, even though they […]
Continue Reading →WHEAT
General Comments: Wheat markets were lower and closed at new lows for the move. There is a lot of talk that Russia continues […]
COTTON General Comments: Cotton closed a little lower yesterday on weaker Crude Oil and other petroleum futures and a stronger US Dollar. News from China […]
Continue Reading →We kickoff the month with Jobless Claims at 7:30 A.M., Construction Spending MoM, ISM Manufacturing PMI, ISM Manufacturing Employment, ISM Manufacturing New Orders, and ISM […]
Continue Reading →Fear and anxiety continue to drive the petroleum complex as it continues to trade on fears of what may happen as opposed to what is […]
Continue Reading →DJ USDA Grain Inspections for Export in Metric Tons – May 30
WA_GR101
Washington, DC Tue May 30, 2023 USDA Market News
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COTTON
General Comments: Cotton closed mixed yesterday, with July higher as traders continued to worry about a fallout if Congress rejects a deal for […]
Oil prices are getting slammed on concerns that the Chinese economy hit a brick wall, talk that OPEC won’t back up the tough talk by […]
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The Saudi’s Are Fed Up. The Energy Report 06/06/2023
The Saudis go it alone strategy to cut oil production by 1.0 million barrels of oil a day is being tested by the speculators who […]
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