by Brian Schad | May 12, 2016 | Agricultural Futures, Agricultural Markets, Lumber Futures
Lumber futures initially extended gains from its contract lows in early October despite both hardwood and softwood prices being at their lowest levels in 10 years. Lumber futures are currently up $17.30 today currently trading at $321.20 per 1,000 board feet at the...
by Brian Schad | May 11, 2016 | Grain Futures, Grain Markets, Soybean Futures
Soybean futures gained as much as .65c per bushel yesterday following the USDA’s forecast of falling domestic and world stocks, plus heavy domestic crushing volumes and lower South American production. Today soybean futures backed off just over a nickel to close near...
by Brian Schad | May 10, 2016 | Grain Futures, Grain Markets, Rice Futures
Rice futures have rallied only $1.50 from its lows just six weeks ago although severe drought reportedly threatens Asian rice production in SE Asia. Rice futures are up .185 cents today currently trading at $11.40 (per cwt) at the Chicago Board of Trade. Adverse dry...
by Brian Schad | May 6, 2016 | Agricultural Commodity Futures, Alternative Investment, Commodity Futures Trading, Global Markets, Hard-Asset Investments
Once each week, usually on Friday evenings, we update our personal weekly commodity trading charts and review them for changes in “net long” or, “net short” holdings between the big commercial commodity traders, large speculators, and the usually uninformed public....
by Brian Schad | May 5, 2016 | Cotton Futures
Cotton futures are finding support today after the Int’l Cotton Advisory Committee announced an expectation for Chinese cotton stocks to fall to a five-year low once the government auctions off its sizable reserves. Cotton futures are down 70 points today currently...
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