Andy Waldock - Commodity & Derivative Advisors - 22 mins ago
Whether the Fed hikes rates a quarter point later in the year or, not inflation is not yet an issue. We look at multiple market correlations to conclude that inflation may be everywhere and always a monetary phenomenon but not here. Not, now, Dr. Friedman. (full story)
Jack Scoville - The PRICE Futures Group - 1 hr 38 mins ago
COTTON General Comments: Futures closed slightly lower. There is increasing talk about the weather. The big rains seen over the weekend hit production areas in Texas and Oklahoma and could cause delayed planting in those areas. More big rains are possible in these areas at the end of the week.... (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.