Jack Scoville - The PRICE Futures Group - 2 hrs 1 min ago
DJ CBOT Delivery Intentions: Totals – Jul 1 Source: CME Group Contract Quantity Next Trade Commodity Month Delivery Day Assigned Today Date Available SOYBEAN OIL July Jul. 02, 2015 1187 Jun 30, 2015 ROUGH RICE July Jul. 02, 2015 269 Jun 29, 2015 CORN July Jul. 02, 2015 1100 [...] (full story)
Jack Scoville - The PRICE Futures Group - 2 hrs 30 mins ago
COTTON General Comments: The market closed higher in reaction to the USDA reports that showed less tan expected planted area for Cotton this year. USDA said that planted area 8.998 million acres, below trade estimates closer to 9.15 million acres. USDA said it would make another survey in July to... (full story)
Daniel Flynn - The PRICE Futures Group - 2 hrs 55 mins ago
Greece defaults on IMF payment. Is this the chink in the Euro’s armor? Or do we get back to basics take it on the chin and get back to work and let the Free Markets guide our destiny. Again we can kick the can down the road and another losing battle is nuclear negotiations with [...] (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.