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 →While the petroleum markets try to shake off an almost ridiculously bearish weekly American Petroleum Institute (API) that showed a larger than expected 4.05-million-barrel increase […]
Continue Reading →DJ USDA Grain Inspections for Export in Metric Tons – Jun 3
WA_GR101
Washington, DC Mon Jun 3, 2024 USDA Market News
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COTTON
General Comments: Cotton was lower yesterday and prices are making new lows for the move despite signs of improving demand. The weekly export […]
GFS proposes Tropical Activity in an 11-15 day cycle. The Central US forecast stays wet across the E Plains/W Midwest through Wednesday, with precipitation confines […]
Continue Reading →JULY WHT After a $1.70 rally in just 6 weeks off “hot & dry” in Southern Russia, the mkt is still grappling with the fall-out! […]
Continue Reading →Somewhere, Former Fed Chairman Ben Bernanke may be smiling. It seems OPEC has created its own little taper tantrum causing the massive sell off in […]
Continue Reading →If you’ve ever watched sports, baseball in particular, you may understand the meaning of a rally cap. Typically, when teams are down near the end […]
Continue Reading →WHEAT
General Comments: Wheat was lower in all three markets last week as adverse world growing conditions appear to be part of the price […]
COTTON
General Comments: Cotton was lower last week and prices are back at the lower end of a trading range despite signs of improving […]
Long Live King Dollar. Manic Metals Report 06/05/2024
The raging metals markets had a setback on political uncertainty and a repot the death of ‘King Dollar was greatly exaggerated. Major metal consumer India […]
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