Archive for March, 2015
Monday, March 30, 2015 – Cotton Futures Retreat Ahead of Annual Planting Intentions Report
By admin in Daily ReportsMay cotton futures gave up 103 points on the second day of the Rogers roll period and ahead of the USDA’s annual planting intentions report, settling at 62.52. The settlement was within the lower one quarter of today’s trading range. July gave up 87 points to settle at 63.00, the net effect leaving the May – July spread weakened at (48). Dec gave up 90 points, settling at 63.78.
For tomorrow…
Sunday, March 29, 2015 – Weekly Cotton and Grain Report
By admin in Weekly ReportsMay cotton futures on the ICE picked up 73 points last week to settle at 63.55, near the mid-point of the established trading range, as the May – July spread continues to strengthen…
May corn picked up 6 cents W/W to finish at 385. The weekly settlement was near the middle of last week’s trading range…
The commercial sector has relented in its option writing activity in soybeans of late, likely in anticipation of greater volatility associated with the upcoming USDA Planting Intentions, Quarterly Stocks and WASDE reports…
Overall, the commercial sector’s continued buying of the wheat market conveys that prices are fundamentally cheap at, and near, current levels…
For this week…
