Archive for February, 2016
Monday, February 22, 2016 – ICE Cotton Continues to Break Lower Despite Strength in Outside Markets
By admin in Daily ReportsSunday, February 21, 2016 – Weekly Cotton and Grain Market Report and Forecast
By admin in Weekly ReportsDespite trading a range that was completely north of last week’s 58.64 settlement the May contract’s 90 point weekly gain seemed underwhelming, given the continued strength of US export sales. Dec picked up 63 points on the week, but again failed to settle above the psychologically significant 60.00 mark.
For this week…
Sunday, February 21, 2016 – Daily Corn, Soybean and Wheat Market Briefs and Forecast
By admin in Daily ReportsFriday, February 19, 2016 – ICE May Contract Gains 90 Points on Week; Dec Picks Up 63
By admin in Daily ReportsThe May contract gave back 16 points today despite continued strong US export sales data, settling at 59.54 – a 90 point win on the week. The settlement was within the lower one half of today’s trading range. The July contract lost 13 points, settling at 59.68, the net effect leaving the May – July spread near unchanged at (14). Volume quickened for May delivery at just above 15K contracts while May OI expanded at just above 110K contracts.
For Mon…
