OPEC Announces Production Cuts, but Oil Prices Fall

Friday, May 26, 2017 Today's Spotlight Market While not affected directly by the OPEC production agreement, Natural Gas futures prices fell to 2-week lows on Thursday, as unseasonably cool temperatures led to higher than anticipated Gas storage injections the past... Read More...

Will Demand Weigh on Gold?

Thursday, May 25, 2017 Today's Spotlight Market Gold futures have edged higher in early trading, supported by a weaker Dollar Index and geopolitical cues. The greenback has had a rough go of late due to the fact that the Trump... Read More...

Back to Where We Started

Wednesday, May 24, 2017 Today's Spotlight Market Right now it appears that the Cotton market is in a battle between speculative bulls and commercial bears, as both parties added to their existing positions the past week. According to the most... Read More...

OPEC Set for Production Cut Extension, but Will it Be Enough?

Tuesday, May 23, 2017 Today's Spotlight Market Crude Oil futures started the week after it appears OPEC will agree to extend production cuts for another nine months. Iraq was viewed as a dissenter to the extension, but now seems on... Read More...

"Nothing to See Here Folks"

Friday, May 19, 2017 Today's Spotlight Market Treasury Bond futures rallied sharply in contrast to the sell-off on Wall Street on Wednesday, as potential political issues in the U.S. as well as Brazil were given as catalysts for investors moving... Read More...

Is Oil Price Rally Sustainable or Short-covering?

Friday, May 12, 2017 Today's Spotlight Market On Wednesday, Energy Information Administration's weekly stocks report showed U.S. Oil inventories fell by 5.247 million barrels during the week ending May 5. This brings U.S. Oil inventories down to 522.525 million barrels.... Read More...

Grain Market's Quiet Ahead of USDA Report

Wednesday, May 10, 2017 Today's Spotlight Market Here are the pre-report estimates for the May USDA Crop Production & Supply/Demand report: U.S. Corn Stocks: 2.320 billion bu. (2016-17) 2.100 billion bu. (2017-18) U.S. Soybean Stocks: 440 million bu. (2016-17) 572... Read More...

Slow but Steady Jobs Growth Expected in April

Friday, May 5, 2017 Today's Spotlight Market The following are the pre-report estimates for this morning's release of the Non-farm Payrolls and Unemployment data for April: Non-farm Payrolls: 185,000 estimate vs. 98,000 March Unemployment Rate: 4.6% estimate vs. 4.5% March... Read More...

Grain Prices Rally on Spring Weather Concerns

Wednesday, May 3, 2017 Today's Spotlight Market A spring storm that brought cold and snow to parts of the Plains, could cause analysts to lower their estimates for Hard Red Winter (HRW) Wheat production this season. Some early estimates are... Read More...

Oil Prices Find Near-term Floor on Surprising Inventory Draw

Thursday, April 27, 2017 Today's Spotlight Market Natural Gas futures rebounded off 2-week lows on Wednesday, as short-covering buying emerged ahead of this morning's EIA Gas storage report. In addition, traders noted that weather forecasts calling for below normal temperatures... Read More...