WHEAT General Comments: Futures closed lower, except for Minneapolis which closed higher. It looked like speculative selling hit the pit. Minneapolis December was very strong and it seems that the market is getting squeezed on...
Read MoreCOTTON General Comments: Futures were higher again yesterday. Speculators were the best buyers. Commercial buying seems to show on any drop in futures prices these days. There is a lot of interest in owning Cotton on the...
Read MoreWHEAT General Comments: Futures closed lower after trading higher early in the day. It looked like speculative selling hit the pit. Minneapolis December was very strong and it seems that the market is getting squeezed on tight...
Read MoreFinancials: Dec. Bonds are currently 1’12 lower at 141’02 after making a low of 140’10 shortly after this mornings friendly Monthly Employment Report. The report showed an increase in non-farm payrolls of...
Read MoreFor the week of Oct 6, 2011 ECONOMIC OVERVIEW Tomorrow is Unemployment Friday. All eyes will be watching the report to see if any jobs get created. Remember last month? Not one job was created. As much as the analysts have...
Read MoreFinancials: Dec. Bonds are currently 3 lower at 143’15 and the 10 Yr. Notes 4 lower at 130’00. This mornings weekly Jobless Claims report showed an increase in claims of 9,000 versus expectations of an increase of...
Read MoreCOTTON General Comments: Futures were higher again yesterday. Speculators and commercials were the best buyers. Commercial buying seems to show on any drop in futures prices these days. Old crop Cotton has seen a lot of export...
Read MoreDJ US Export Sales: Weekly Sales Totals-Oct 6 For the week ended Sep 29, in thousand metric tons, except cotton in thousand running bales. Net changes in commitments are gross sales, less cancellations, buy-backs and other...
Read MoreFinancials: Sept. Bonds are currently 1’00 lower at 145’11 and the 10 Yr. Notes 15 lower at 130’15. This morning’s ADP Private Sector Jobs Report showed an increase of 91,000 jobs versus a pre-report...
Read MoreCOTTON General Comments: Futures were sharply higher in range trading again yesterday. Speculators and commercials were the best buyers. Commercial buying seems to show on any drop in futures prices these days. Old crop Cotton...
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