Though hog farmers are starting to see decent profits, the continued presence of a major disease continues to keep a lid on profits and herd expansion, a report released this week shows. In a quarterly pork report, Rabobank livestock ...
Tags: lower feed costs, the pork market, PEDv
The liquidation of the March contract proceeded in a speedy and orderly fashion, as open interest was down to just 6’393 contracts or 639’300 bales as of this morning. With another 3’300 contracts trading, most of ...
Tags: Cotton Futures, Textile
From a technical point of view the market did resolve the flag formation that we had mentioned last week and broke out to the upside, which propelled March to a six-month high, while May traded at its best level since April 2012. On ...
Tags: Upward Trend, Cotton Futures
The latest Arctic blast has culminated in rare winter snows across portions of the Southeast and Gulf Coast. National snow cover is now up to 42.1% (vs. 31.2% last month), with some areas as far south as northwestern Florida now with a ...
Tags: Weather, food, Market Factors
The stable and good momentum of economic growth in recent months will ensure that China is able to fulfill its expected growth target. The question is how long this growth momentum can last. The consensus is that China’s economy is ...
Tags: Economic Growth, China's economy
NYMEX February crude settled $1.48 lower at $93.96/barrel Friday, as a large draw in stockpiles was overshadowed by a sharp drop off in product demand and rising distillate stocks. ICE February Brent settled 89 cents lower at $106.89/b. ...
Tags: stockpiles, crude, Mineral
As of December 31, inventory of iron ore at 25 major Chinese ports amounted to 84.197 million mt, indicating a decrease of 1.206 million mt or 1.41 percent week on week, as announced by China's Xinhua News Agency. As of the same date, the ...
Tags: Iron Ore, Chinese Ports
The pace of Chinese economic reform would surprise people, and it will be faster than commonly expected, said Blu Putnam, Chief Economist at Chicago Mercantile Exchange (CME) Group, in London. China appears to be choosing to accelerate ...
Tags: Economic Reform
In a matter of just three weeks the futures market has gone from being one of the cheapest suppliers to becoming one of the best buyers! On November 22, when spot December entered the notice period, it traded as low as 73.79 and closed that ...
Tags: futures market, Textile
Twenty-five sessions and counting! That's how long the March contract has been confined to this extremely narrow range of just 212 points, closing no lower than 77.23 cents and no higher than 79.35 cents since October 31st. We probably ...
Tags: cotton, trading opportunity, hedge funds, future, trading range
With cotton crop estimates for the US and India increasing week after week due to the swift advance of harvest and surprisingly good yields, selling pressure eventually became heavy enough for December to break through important support ...
China's top securities regulator said on Friday that it has approved iron ore futures trading on the Dalian Commodity Exchange. The approval came one week after the relaunch of treasury-bond futures on the China Financial Futures Exchange ...
Tags: Iron Ore, Metallurgy, Mineral, Energy
The futures market cooled off further this week, as speculators and the trade continued to reduce their respective positions in the December contract. The spot month has now lost over 46’000 contracts in open interest since it peaked ...
Tags: Cotton Futures, Textile
THE dollar dipped below the US90c mark yesterday as expectations of a rate cut next week rose following bearish rhetoric from the Reserve Bank governor. At 5pm AEST the local unit was trading at US89.58c, down from US90.16c on Wednesday. ...
The global financial crisis cast a large shadow over the Chinese financial system, prompting already conservative regulators to adopt a more rigorous, and by extension slower approach to reform. Yet there are also skeletons from ...
Tags: Government Bond Futures