When I wrote my first Hidden Assets five years ago with another firm, I worked with a grain analyst who believed that spreads were for sissies, his words, not mine. I wanted to make that the title of my first edition, but was...
Read MoreDJ SURVEY: US Wheat Output CHICAGO (Dow Jones)–The following are analysts’ estimates in billions of bushels for 2011 U.S. wheat production as compiled by Dow Jones. The U.S. Department of Agriculture is scheduled to...
Read MoreCOTTON General Comments: Futures were a little higher in range trading yesterday. Speculators were the best buyers as worries eased about the European debt crisis. However, the commercial buying seen in the previous few sessions...
Read MoreFinancials: Dec. Bonds are currently 1’10 lower at 141’20 and the 10 Yr. Note 17 lower at 129’26. The long 10 Yr. Note/ short Bond spread is at 11’23 premium the Bonds. Over the last couple of days...
Read MoreCOTTON General Comments: Futures were a little lower in consolidation trading yesterday. Speculators were the best sellers and commercials were the best buyers. Speculators were worried once again about the Greek and European...
Read More09/26 15:00 CDT U.S. weekly crop progress highlights – USDA WASHINGTON, Sept. 26 (Reuters) – Highlights of the U.S. Agriculture Department’s weekly crop progress report (all numbers expressed in percent): Week...
Read MoreHello Fellow Traders, The markets have been so volatile lately I am contemplating a trip to Vegas for some calm and civilized gambling. William Frejlich 312.264.4356wfrejlich@pricegroup.com This Week’s Commentary Metals:...
Read MoreFinancials: Dec. Bonds are currently 20 lower at 144’03 and the 10 Yr. Notes 11 lower at 130’20. We currently have no positions in these markets other than some out of the money puts in Jun, Sept. and Dec....
Read MoreCOTTON General Comments: Futures were higher as mills and commercials bought and were stronger than the speculative selling interest. Speculators were worried once again about the Greek and European debt crisis and what it could...
Read MoreWHEAT General Comments: Futures closed higher Friday as traders reacted to lower than expected Informa production estimates and continued poor weather in the US Great Plains. Fears that Russia was taking all the export business...
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