WHEAT General Comments: Futures closed a little higher in consolidation trading on Friday. Ideas of tight supplies here of high quality Wheat and ideas that the hard Red Winter Wheat crop will struggle to get planted in a timely...
Read MoreCOTTON General Comments: Futures were a little higher Friday on mixed speculative buying tied to strong weekly export sales and the start of the resolution of the Greek crisis. Some were liquidating long positions but others...
Read MoreFinancials: Dec. Bonds are currently 1’11 higher at 138’07and 10 Yr. Notes 21 higher at 128’24. Events over night such as intervention by the Japanese in favor of the Dollar and a lower Euro, Equities and...
Read MoreDRY HEAT Timothy Hughes | 602-859-4100 | thughes@pricegroup.com 10/28/11 General Comments: The announcement from Europe of their mega-bailout plan (nagging details ironed-out by next June) proved stronger than the reality of the...
Read MoreCOTTON General Comments: Futures were sharply higher to limit up yesterday on speculative buying tied to strong weekly export sales and the start of the resolution of the Greek crisis. It was a very positive day and one that...
Read MoreWHEAT General Comments: Futures closed higher on reports that the EU has found at least a partial solution to its current economic crisis. Private banks have agreed to accept a loss on the Greek bonds, and the EU has sent more...
Read MoreFinancials: Dec. Bonds are currently 12 higher at 135’25 and the 10 Yr. Note 13 higher at 127’23. Yesterday Bonds closed about 3’00 lower removing the “fear premium” as a result of the European...
Read MoreFinancials: Dec. Bonds are currently 1’13 lower at 137’12 and the 10 Yr. Note 22 lower at 127’29. Over night European summit came to several decisions: A 50% writedown of Greek debt, an emergency fund of over 1...
Read MoreMF GLOBAL: Our primary clearing firm, MF Global, has been in the news a lot over the last couple of days. Moodys has downgraded the debt due in part to its exposure to certain European debt, the firm missed analysts profit...
Read MoreWHEAT General Comments: Futures closed mostly a little lower on ideas that the EU has not yet found a path to survive its current economic crisis. It was a light volume session. Ideas of tight supplies here of high quality Wheat...
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