Crude oil rallied off lows after an Energy Department report showed a bigger-than-forecast decrease in U.S. inventories. The report shows supplies fell by 3.41 millions barrels to 365.6 million barrels last week. Inventories were estimated to decrease by only 1.8 millions barrels. The supply decrease was offset my lower demand for diesel fuel and heating… read more
Trading News
Grain Opening Calls : Futures Trading News, Futures Trading Brokers, Futures Trading
Soybeans 1 to 3 cents lower Corn 3 to 5 cents lower Wheat 1 to 3 cents lower Pressure from a soaring dollar and falling crude oil tied to concerns about the U.S. and European economies. … read more
Consumer Price Index : Futures Trading News, Futures Trading Brokers, Futures Trading
CPI was down from 0.4% to 0.2% Year-to-year was up to 3.4% from 3.1% If one take out food and energy was up a little at 0.3% from 0.2% and year-to-year was up 1.5% from 1.3%… read more
MBA Purchase Applications : Futures Trading News, Futures Trading Brokers, Futures Trading
Week of June 10 was good for mortgage bankers, price index was up to 4.5% from -4.4%, refinance jumped to 16.5% from 1.3% and composite index also jumped up to 13.0% from -0.4%… read more
Grains Called Lower : Futures Trading News, Futures Trading Brokers, Futures Trading
Soy beans 3 to 5 cents lower Corn 9 to 11 cents lower Wheat 1 to 4 cents lower Good weather should help the new crop… read more
Retail Sales : Futures Trading News, Futures Trading Brokers, Futures Trading
Retail Sales went from 0.5% down to -0.2 % Retail sales less auto dropped from 0.6% down to 0.3%… read more
Producer Price Index : Futures Trading News, Futures Trading Brokers, Futures Trading
PPI dropped 0.6% down to 0.2% PPI less food and energy dropped 0.1% down to 0.2% Energy was up 1.5%… read more
ICSC-Goldman Store Sales : Futures Trading News, Futures Trading Brokers, Futures Trading
Retail sales dropped from 0.4% to -0.8% Year-on year went from 2.5% to 2.4%… read more
Grain Opening Calls : Futures Trading News, Futures Trading Brokers, Futures Trading
Soybeans 2 to 5 cents lower Wheat 2 to 5 cents higher Corn mixed Good crop weather for the midwest, lower crude oil and some profit taking.… read more
Grain Opening Calls : Futures Trading News, Futures Trading Brokers, Futures Trading
Corn 3 to 6 cents lower Wheat 3 to 5 cents lower Soybeans 7 to 10 cents lower Stronger dollar an follow through on the grains good weather outlook for the next week … read more