Archive for November, 2015
Tuesday, November 24, 2015 – Daily Corn, Soybean and Wheat Market Briefs and Forecast
By admin in Daily ReportsTuesday, November 24, 2015 – Cotton Futures Bounce on Inside Day
By admin in Daily ReportsThe Mar contract picked up 34 points today, settling at 61.94. The settlement was within the lower one half of today’s tight trading range, which was completely north of yesterday’s settlement. May gained 29 points, settling at 62.77, the net effect leaving the Mar – May spread near unchanged at (81). Volume slowed in the Mar contract at approximately 11K contracts while Mar OI contracted at approximately 130K contracts.
For tomorrow…
Monday, November 23, 2015 – Daily Corn, Soybean and Wheat Market Briefs and Forecast
By admin in Daily ReportsMonday, November 23, 2015 – ICE Mar Futures Begin Holiday Week With Large Move Lower
By admin in Daily ReportsThe Mar contract lost 123 points today, settling at 61.60. Today’s results were on par with our model’s directional call for today, but not so with respect to our overall bias. The settlement was within the lower one quarter of the trading range. May lost 120 points, settling at 62.48, the net effect leaving the Mar – May spread near unchanged at (88).
For tomorrow…