Market Movers 8/24/11
For the week of Aug 22, 2011 To view Anne Franklin’s media updates, click links below. CME Group – Video:  8-18-11 Anne Franklin, Price Futures Group –...
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Morning Softs 8/24/11
COTTON General Comments: Futures closed lower after a quiet session. Traders were disappointed in the price action and are now talking about further moves lower in liquidation trading. Weather overall remains a supportive...
Read MoreMorning Grains 8/24/11
WHEAT General Comments: Futures closed higher again yesterday on ideas that less and less high quality Wheat is available here in the US. Rains have hurt yields and quality in Spring Wheat areas on top of the poor Hard Red...
Read MoreThe Nemenoff Report 8/24/11
Financials: Sept. Bonds are currently 13 lower at 138’20 and the 10 Yr. Note 6 lower at 130’05. The Durable Goods Report this morning came out better than expected at up 4.0% versus an...
Read MoreThe Nemenoff Report 8/23/11
Financials: Sept. Bonds are currently 1’01 lower at 139’04 and the 10 Yr. Note 10 lower at 130’09. This is the first time that we are seeing a bit of a...
Read MoreDry Heat 8/23/11
General Comments: The data this week was ugly and the volatility continues. Applications for home purchase mortgages fell to a new 13year low. Jobless claims just climbed back above 400,000 and consumer confidence is...
Read MoreMorning Softs 8/23/11
COTTON General Comments: Futures closed a little higher after a choppy and quiet session. World economic problems seemed to be the main focus of trade. Weather overall remains a supportive factor, and not just because of crop...
Read MoreMorning Grains 8/23/11
U.S. Weekly Crop Progress Highlights –“ USDA WASHINGTON, Aug. 22 (Reuters) — Highlights of the U.S. Agriculture Department’s weekly crop progress report (all numbers expressed in percent): Week ended...
Read MoreAnticipate the Roll [Hidden Assets]
Friday’s monthly cattle on feed report was considered bearish, as the on feed placements were reasonably higher than expected. The drought in Texas and Oklahoma had traders expecting higher placements since pasture grazing...
Read MoreThe Nemenoff Report 8/22/11
Financials: Sept. Bonds are currently 23 lower at 139’16 and the 10 Yr. Note 15 lower at 130’10. As I mentioned Friday, these markets look very attractive for a short sale but I am going to...
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