We kickoff the day with Baker Hughes Oil & Total Rig Counts at 12:00 P.M., Fed Harker Speech at 1:00 P.M., Cattle on Feed and […]
Continue Reading →We kickoff the day with Current Account, Export Sales, Initial Jobless Claims, Philadelphia Fed Manufacturing Index, Continuing Jobless Claims, Jobless Claims 4-Week Average, Philly Fed […]
Continue Reading →DJ U.S. Export Sales: Weekly Sales Totals-Sep 19
For the week ended Sep 12, in thousand metric tons, except cotton in
thousand running […]
COTTON
General Comments: Cotton was lower again yesterday on ideas that the Monday rally was overdone and reports of increased farm selling. There are […]
Oil prices ae setting up for a “V” bottom as the Fed gives us a jumbo rate cut shaking out some hedge fund shorts from […]
Continue Reading →DEC CORN Two USGA Reports (Aug & Sept) & a Pro Farmer Tour have established the final crop yield in the 181-183 BPA range! We […]
Continue Reading →We kickoff the day with MBA 30-Year Mortgage Rate, MBA Mortgage Applications, MBA Mortgage Market Index, MBA Mortgage Refinance Index, and MBA Purchase Index at […]
Continue Reading →WHEAT
General Comments: Wheat was mixed yesterday on what appeared to be long liquidation from the rally last week as world prices were stable […]
COTTON
General Comments: Cotton was lower yesterday on ideas that the Monday rally was overdone. There are still ideas of weaker demand potential against […]
Israel’s ability to detonate thousands of pagers targeting Hezbollah in Lebanon is like something out of a spy novel but also alerts us to the […]
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Fed Fighters. The Energy Report 09/20/2024
Oil traders historically have had a bad time when they have tried to fight the Fed. The Federal Reserve’s 50 basis point rate cut along […]
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