Dec gave up 10 points today to settle at 61.37. Gaps remain above the market at 67.88 – 68.00 and 77.80 – 78.00.
Archive for September, 2014
Tuesday, September 30, 2014 – Daily Cotton Brief
By admin in Producers and GinnersTuesday, September 30, 2014 – Dec Posts Modest Loss in Directionless Trading Action
By admin in Daily ReportsDec gave up 10 points today to settle at 61.37. Gaps remain above the market at 67.88 – 68.00 and 77.80 – 78.00. The settlement was within the lower one half of today’s 106 point trading range.
The standard technical bias for the front month remains bearish with downside momentum continuing to quicken.
For tomorrow…
Monday, September 29, 2014 – Daily Wheat Brief
By admin in Producers and GinnersDec wheat gained 7 cents today to settle at 481¼. Volume quickened considerably while OI was near unchanged D/D.
For tomorrow…
Monday, September 29, 2014 – Daily Corn Brief
By admin in Daily ReportsDec corn gave up 3 cents today to settle at 323. Volume slowed while OI expanded D/D. Dec gave up 8½ cents on the week.
Fundamentally, the overall analysis remains bearish with basis continuing to weaken as harvest pressure increases.
For tomorrow…
Monday, September 29, 2014 – Daily Soybean Brief
By admin in Daily ReportsNov soybeans lifted today via profit-taking on short positions ahead of the USDA quarterly grain stocks report, gaining 13¼ cents to settle at 923½. The monthly Rogers Roll may have also offered some support to Nov.
For tomorrow…