Strong Demand Propels Cattle Prices Higher

Friday, March 24, 2017 Today's Spotlight Market The following are pre-report estimates for this afternoon's USDA Cattle on Feed report: On Feed (March1): 100% of last year Placements (February): 99% of last year Marketings (February): 103.5% of last year Fundamentals... Read More...

Is Cotton Rally Vulnerable to Higher Planting Intentions

Wednesday, March 22, 2017 Today's Spotlight Market Looking at the spread markets in Cotton futures we notice that bear spreading (selling front month futures and buying more deferred month futures) has been prevalent with the old crop May/Jul spread moving... Read More...

We Have a Date!

Monday, March 20, 2017 Today's Spotlight Market UK Prime Minister Theresa May has announced that she will trigger Article 50 on Wednesday, March 29. Last week, after a spirited debate in Parliament, the Notification of EU Withdrawal bill was passed... Read More...

Oil Price Struggle to Rebound over $50 as Shale Production Rises

Friday, March 17, 2017 Today's Spotlight Market Large speculators continue to be heavily long Crude Oil and the Oil products but we have seen some long liquidation selling starting to occur. The most recent Commitment of Traders reports shows that... Read More...

Short-covering Creates Near-Term Bottom for Cocoa Prices

Wednesday, March 15, 2017 Today's Spotlight Market Just prior to the recent Cocoa price rally, large speculators were busy adding to their existing short positions according to the Commitment of Traders report. During the reporting period ending on March 7,... Read More...

Can You Take Me Higher?

Monday, March 13, 2017 Today's Spotlight Market A strong nonfarm employment report released Friday is likely to be the final strong economic report that will spur the Federal Reserve to raise interest rates this week. The Fed begins a two-day... Read More...

Will Employment Report "Seal the Deal" on Fed rate Hike Next Week

Friday, March 8, 2017 Today's Spotlight Market Trader's in Fed Funds futures are expecting the Federal Reserve to raise interest rates next week with the March 2017 Fed Funds futures contract currently pricing-in a 88.6% probability of a 25 basis... Read More...

Long Liquidation Keeps Pressure on Sugar Prices

Wednesday, March 8, 2017 Today's Spotlight Market Both large and small speculators were liquidating net-long positions the past week with the most recent Commitment of Traders report showing a decline of over 51,000 net-long positions combined by non-commercial and non-reportable... Read More...

Yellen, Dollar Put Stranglehold on Oil

Tuesday, March 7, 2017 Today's Spotlight Market Crude Oil futures have been stead y to weaker over recent sessions, despite positive comments from OPEC . OPEC Secretary General Mohammad Barkindo said January data showed compliance had been above 90% from... Read More...

Spring Budget Battles

Monday, March 6, 2017 Today's Spotlight Market On Wednesday, UK Chancellor of the Exchequer Philip Hammond will deliver the eagerly awaited Spring Budget Statement. The budget is expected to contain some tax increases and very little increased spending. One proposal... Read More...