Softs - Softs - Analysis RSS Feed

Sept/Dec Stock Index Futures Rollover begins Thursday, Sept 9

Rick Alexander — Wed, 08 Sep 2010 16:55:00 EST

GRAINS: 9/08/10 Higher closes yesterday for Minneapolis, Kansas City and Chicago wheat along with oats, corn and soyoil while lower for rough rice, soybeans and soymeal. All of the wheat continue to look higher overall with Minneapolis and KC starting to turn higher over their present consolidation formations but Chicago is lagging behind a little at this time.Minneapolis needs to hold 692, KC 691 and Chicago 677 1/2 in the December contracts.

Mixed Signals in Wheat

Rick Alexander — Wed, 01 Sep 2010 15:27:00 EST

GRAINS: 9/01/10 Lower closes Tuesday for rough rice, Minneapolis, Kansas City and Chicago wheat along with oats, soybeans, soymeal and soyoil. All of the wheat are still in uptrends with Minneapolis needing to continue to hold 692, KC 691 and Chicago 677 1/2 in the December contracts.

Spotlight on the SOFTS Sector

Rick Alexander — Fri, 06 Aug 2010 15:21:00 EST

COCOA: Cocoa settled slightly lower this time keeping close to a buy signal but not quite. Therefore , I will continue to stand aside at least for now.

SOFTS futures market comments for Wednesday, December 16, 2009

Judy Crawford — Wed, 16 Dec 2009 15:14:00 EST

MAR COTTON: It triggered a buy yesterday and rallied to 76.17 today before selling off and closing near the low end of the day�s range. Long term it is in resistance and that concerns me.

Soy complex is in an Uptrend; but Sell Signal for Wheat

Rick Alexander — Wed, 09 Dec 2009 19:46:00 EST

Higher close yesterday for corn but lower for soybeans, soymeal, rough rice, corn, Minneapolis, Kansas city and Chicago wheat.

Cocoa Traders Watching Dollar

James Hyerczyk — Mon, 26 Oct 2009 10:35:00 EST

Commodity markets have seen a huge rise since early October as the U.S. Dollar Index reached a 14-month low. With the rate of decline seemingly slowing in the Dollar, softs markets have taken a pause from their recent sharp rallies.

December Coffee Continues to Trade in Choppy Range

James Hyerczyk — Mon, 28 Sep 2009 19:20:00 EST

December Coffee finished lower for the trading session while continuing to feel pressure from a closing price reversal top on the daily chart and finishing near a key retracement point on the weekly chart.

Dec. Coffee Trend Turns Up on Trade Through 124.90

James Hyerczyk — Wed, 09 Sep 2009 11:40:00 EST

The weaker Dollar could trigger a breakout rally in December Coffee. This market starts the day in a down trend, but upside momentum could change the trend to up on a trade through 124.90.

Stops and Fund Buying Trigger Huge Rally in December Cocoa

James Hyerczyk — Wed, 19 Aug 2009 18:47:00 EST

Technical factors as well as friendly fundamentals ignited a huge surge to the upside in December Cocoa on Wednesday.

Sugar Bulls Lighten Up as Rain Hits Key Growing Area

James Hyerczyk — Fri, 14 Aug 2009 15:13:00 EST

October Sugar is expected to see some short-term selling pressure as longs lighten up on their positions because of forecasts for rain in key growing areas.

Weaker Dollar Helps Cocoa Rise in New York

James Hyerczyk — Wed, 12 Aug 2009 20:04:00 EST

December Cocoa finished higher in New York, boosted by a weaker Dollar and on-going production concerns.

Sugar to Rise as India's Production Woes Continue to Mount

James Hyerczyk — Fri, 31 Jul 2009 20:30:00 EST

October Sugar closed lower on Friday despite a weaker Dollar but still managed a gain for the week. Traders should look for increased demand should the Dollar continue to weaken. India�s production problems could continue to mount especially if monsoon rains remain below normal.

Strong Rise in British Pound May Hurt Cocoa Demand

James Hyerczyk — Fri, 31 Jul 2009 20:21:00 EST

December Cocoa finished lower today. Despite production issues which have helped this market rally, traders seem hesitant to buy at current levels.

December Cotton Reaches Critical Level

James Hyerczyk — Wed, 29 Jul 2009 18:06:00 EST

December Cotton closed a little higher and seems to be stabilizing at a .618 retracement point at 58.67. Holding this level and regaining 59.88 could trigger a retracement rally to61.49 to 62.31.

The Futures Pattern, Price & Time Report - Opening Call - Coffee

James Hyerczyk — Tue, 14 Jul 2009 13:26:00 EST

Expectations of a big crop in Brazil coupled with a strong U.S. Dollar have been putting pressure on September Coffee for several weeks. Concerns over falling demand because of the deteriorating global economy have also kept bullish traders on the sidelines.

Cheap prices may begin to attract speculative buyers especially since the bearish supply news is now public. Holding the low for the year at 109.00 could help to trigger some short-covering which may eventually lead to a change in trend. Technical swing traders will have to wait until this market crosses 121.70 to change the trend to up.