The Trend Trader helps to identify the current trend status of your favorite futures markets. It not only helps us to stay on the right side of market direction, but also helps us avoid those without a trend. You can even use the grid as a spread matrix too - buying strength and selling weakness.... (full story)
Gold prices broke through two-week range support on growing supply expectations. The move comes just before a potentially pivotal speech from Fed Chair Yellen.
Gold prices drop through range floor on Glencore output sale
Crude oil prices resume descent as EIA... (full story)
Bill Moore - The PRICE Futures Group - 2 hrs 24 mins ago
NOV BEANS Since the USDA’s August Supply & Demand on 8/12, the mkt has advanced & stabilized – telling us the mkt had already dialed in a record 4.06 BB crop or it doesn’t believe the crop is that large! Export demand has been robust & has more than offset very... (full story)
Jack Scoville - The PRICE Futures Group - Wed Aug 24, 11:11AM CDT
DJ Table of China July Oilseed, Vegoil, Grain Imports Table of Imports by Grain, Oil Type and Origin (All figures in metric tons) Jul Change Jan-Jul Change in Tons on Year in Tons on Year Wheat Total 305,802 +1.5% 2,081,153 +22.72% Australia 115,634 -48.42% 924,604 +7.17% Canada [...] (full story)
Jack Scoville - The PRICE Futures Group - Wed Aug 24, 10:55AM CDT
COTTON General Comments: Cotton futures closed a little higher as the US crop continued to show deterioration. US weather conditions remain variable. Demand ideas remain firm. Crops in the southern and western Great Plains are still facing stressful conditions even as the stress could be easing.... (full story)
By locking in a price now for a commodity to be delivered at some point in the future, futures markets permit buyers to secure insurance against future adverse price changes. In other words, futures markets supply a means for the mitigation of price risks. Futures charts track futures prices over time, and supply historical data that buyers and sellers can use to project where futures prices will be in the coming days or months. Frequently updated futures charts are a very useful tool for identifying pricing trends within a certain commodity.