Ukraine Tensions Draw Buyers to U.S. Wheat Futures

Friday, August 29, 2014 U.S. Wheat export sales for the week ending August 21 totaled 411,900 metric tons, which was towards the middle of analysts' expectations of between 300,000 and 500,000 metric tons. Wheat exports are running at 47% of... Read More...

Natural Gas Bulls Warming to Warm Weather Forecast

Thursday, August 28, 2014 Thursday is always a popular day for Natural Gas traders as the Energy Information Administration releases its weekly Gas storage report. Traders are looking for a 77 billion cubic feet (bcf) injection into storage last week.... Read More...

Traders Remain Bitter on Sugar Price Outlook

Wednesday, August 27, 2014 The current global surplus in Sugar is affecting calendar spreads in the futures market, as the front month to second month contango has widened to levels not seen since 2008. It appears that producers are having... Read More...

Dollar Strengthens vs. Euro after Yellen Speech

Monday, August 25, 2014 Fed watchers and traders are seeing an increase in the probability of a Fed rate hike at the June 2015 Fed meeting. Fed funds futures are currently pricing a 46% chance of a rate hike at... Read More...

Chinese Manufacturing Data to Set Tone for Copper Prices

Friday, August 22, 2014 While Copper prices have turned choppy, at least in the short-term, many of the other base metals are currently still in a bullish trend. Aluminum prices are near 18-month highs as LME warehouse stock have fallen... Read More...

Less Pain at the Pump Ahead?

Wednesday, August 20, 2014 While RBOB Gasoline futures prices continue to tumble, large traders are increasing their net-long position according to the most recent Commitment of Traders report. Non-commercial traders, normally commodity and hedge funds, added 4,688 new net-long positions... Read More...

Treasury Yields Fall on Ukraine Concerns

Monday, August 18, 2014 Mixed economic data on Friday, did little to sway the bullish bond price trend. For example: The Empire state manufacturing index, which measures manufacturing growth in the state of New York, slowed to a reading of... Read More...

Will There Be Room in the Bins for Beans This Season?

Friday, August 15, 2014 A record harvest is expected not just for Soybeans but for Corn as well. The USDA estimated the 2014 Corn harvest at 14.032 billion bushels with an average yield of 167.4 bushels per acre. While both... Read More...

Golden Abyss

Thursday, August 14, 2014 Gold futures remain centered around the $1300 level, unable to form a trend in either direction. Physical demand for the precious metal has remained lackluster, at best, while the recent strength in the greenback has made... Read More...

Beef Rally Grounded as Speculators Liquidate Long Positions

Wednesday, August 13, 2014 Seasonal trends point to lower Live Cattle prices, as the dog days of summer tend to see lower red meat sales. However, the recent sell-off in prices has deferred futures prices trading at a significant discount... Read More...