Softs Blog Posts

The Nemenoff Report 5/17/13

Financials: June Bonds are currently 12 lower at 145’02 and the 10 Yr. Notes 3.5 lower at 132’11.5. Yesterday the Bonds rallied about 1’16 on disappointing ecominc reports: CPI was down 0.4% slightly lower than expectations of -0.3%. Jobless Cl...
by PRICE | Market Insights on May 17, 2013

Morning Softs 5/17/13

COTTON General Comments: Futures were lower after trading higher early in the sessión. A disappointing export sales report released yesterday by USDA hurt the bull case. Traders concentrated on economic news, which was disappointing for China and fo...
by PRICE | Market Insights on May 17, 2013

Morning Softs 5/16/13

COTTON General Comments: Futures were higher after trading lower early in the sesión. Traders concentrated on economic news, which was disappointing for China but good for the US. China is the largest importer of US Cotton, so less tan expected indu...
by PRICE | Market Insights on May 16, 2013

The Nemenoff Report 5/15/13

Financials: June Bonds are currently 10 higher at 144’12 and the 10 Yr. Notes 4.5 higher at 131’27.5. PPI and Empire State manufacturing data came in weaker than expected ralying the Bonds about 10 points from just before the reports. Traders are...
by PRICE | Market Insights on May 15, 2013

Morning Softs 5/15/13

COTTON General Comments: Futures were higher after trading lower early in the sesión. Traders concentrated on economic news, which was disappointing for China but good for the US. China is the largest importer of US Cotton, so less tan expected indu...
by PRICE | Market Insights on May 15, 2013

The Windy City Trader 5/14/13

Hello Fellow Traders, Three years ago the Tiger Woods trials and tribulations began when his indiscretions became public and he divorced from his beautiful blonde wife Elin Nordegren. For over two years Tiger lost his game, changed swing coaches, cha...
by PRICE | Market Insights on May 14, 2013

The Nemenoff Report 5/14/13

Financials: June Bonds are currently 7 higher at 144’27 and the 10 Yr. Notes 2 higher at 132’01.0 Since last Thursday’s constructive Jobless Claims Report we were stopped out of any remaining long positions from the 146’16 area when the marke...
by PRICE | Market Insights on May 14, 2013

Morning Softs 5/14/13

Crop Progress Date 5-May 28-Apr 2012 Avg Cotton Planted 23 17 46 38 Corn Planted 28 12 85 65 Corn Emerged 5 3 52 28 Soybeans Planted 6 2 43 24 Sorghum Planted 29 28 43 36 Rice Planted 69 55 81 74 Rice Emerged 49 36 [...]...
by PRICE | Market Insights on May 14, 2013

Morning Softs 5/13/13

COTTON General Comments: Futures were lower as traders concentrated on world supply and demand estimates that showed ample supplies instead of the projected tight US market conditions. The US estimates should help support higher prices in the long ru...
by PRICE | Market Insights on May 13, 2013

The Nemenoff Report 5/9/13

Financials: June Bonds are currently 8 higher at 146’31 and the 10 Yr. Note 4.5 higher at 132’29.5. This morning’s Weekly Jobless Claims Report showed a decline of 4,000 vs. average expectations of an increase of 8,000. If you went long over th...
by PRICE | Market Insights on May 9, 2013

Morning Softs 5/9/13

COTTON General Comments: Futures were higher yesterday in consolidation trading. Traders are looking ahead to the reports on Friday and also the export sales reporto on Thursday to see if more demand was found. Ideas are that the demand can continue...
by PRICE | Market Insights on May 9, 2013

Morning Softs 5/8/13

COTTON General Comments: Futures were slightly lower yesterday in consolidation trading. Traders are looking ahead to the reports on Friday and also the export sales reporto n Thursday to see if more demand was found. Ideas are that the demand can co...
by PRICE | Market Insights on May 8, 2013

Morning Softs 5/7/13

COTTON General Comments: Futures were higher again yesterdau on slow planting progress and ideas of good demand left from the weekly export sales report from USDA. The sales were big and China was the major buyer. Ideas are that the demand can contin...
by PRICE | Market Insights on May 7, 2013

The Nemenoff Report 5/7/13

Financials: June Bonds are currently 2 lower at 146’14 and the 10 Yr. Note 1 lower at 132’20.5. Since last Friday’s Employment Report the Bonds have continued their slide falling an additional 1’00 after the immediate 1’07 point decline wit...
by PRICE | Market Insights on May 7, 2013

Morning Softs 5/6/13

DJ U.S. March Coffee, Cocoa Imports-May 2 In kilograms from the U.S. Commerce Department, converted to pounds by Dow Jones. —-Mar 2013—- —-Feb 2013—- -coffee- kilograms pounds kilograms pounds coffee, unroasted 101,643,406 224...
by PRICE | Market Insights on May 6, 2013

Morning Softs 5/3/13

DJ U.S. March Coffee, Cocoa Imports-May 2 In kilograms from the U.S. Commerce Department, converted to pounds by Dow Jones. —-Mar 2013—- —-Feb 2013—- -coffee- kilograms pounds kilograms pounds coffee, unroasted 101,643,406 224...
by PRICE | Market Insights on May 3, 2013

The Nemenoff Report 5/3/13

Financials: June Bonds are currently 1’07 lower at 147’31 and the 10 Yr. Note 15 lower at 133’05.5. The monthly Jobs Report showed an increase in non-farm payrolls of 165,000 vs. average expectations of 140,000. What was surprising was the drop...
by PRICE | Market Insights on May 3, 2013

Morning Softs 5/2/13

COTTON General Comments: Futures were lower in response to disappointing economic data released here and in China. Demand for clothes could be cut due to less than expected data, and this hurt cotton futures. Rains are moving through the Delta and So...
by PRICE | Market Insights on May 2, 2013

Morning Softs 5/1/13

COTTON General Comments: Futures were higher on the slow planting pace as shown by USDA on Monday night. Rains are moving through the Delta and Southeast this week to slow planting progress even more, but farmers were reported to be actively planting...
by PRICE | Market Insights on May 1, 2013

The Nemenoff Report 5/1/13

Financials: June Bonds are currently 15 higher at 148’27 and the 10 Yr. Notes 6.5 higher at 133’18.0. This mornings ADP private sector job survey showed a monthly increase of 119,000 jobs vs. expectations of an increase of 155,000, some what disa...
by PRICE | Market Insights on May 1, 2013
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