Jack Scoville - The PRICE Futures Group - 1 hr 12 mins ago
COTTON General Comments: Cotton was mostly higher again, with May the strongest month. It was a more impressive trading days as futures recovered in a big way from early losses. The strength in May was a surprise as the deliveries so far this month have been strong. The mil call fixing against... (full story)
Jack Scoville - The PRICE Futures Group - 56 mins ago
DJ Table of China March Oilseed, Vegoil, Grain Imports Table of Imports by Grain, Oil Type and Origin (All figures in metric tons) Mar Change Jan-Mar Change in Tons on Year in Tons on Year Wheat Total 502,117 +140.49% 1,069,439 +92.25% Australia 234,601 +130.35% 624,264 +128.70% USA [...] (full story)
Dan Hueber - The Hueber Report - Wed Apr 26, 10:18AM CDT
In the 1983 movie, Trading Places, while having his morning coffee the lead character Louis Winthorpe III, who is played by Dan Akroyd, has an epiphany of sorts and exclaims “Pork Bellies…there is something exciting that is going to happen in pork bellies today.” Of... (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.