November 14th, 2014 - Issue #762
In This Issue
1. Softs: What's ahead for Coffee, Sugar and Cotton?
2. Hot Market Report - Soybeans Leading Solid Rebound in Grain Markets
3. Economic Calendar
1. Softs: What's ahead for Coffee, Sugar and Cotton?
Weather & Politics. Deforestation Creating Climate Change
There has always been a struggle between protecting one’s environment and the need for development. After all the Industrial Revolution was a period of economic growth spurred by factories lining the shores of rivers and oftentimes toxic waste being dumped into them and killing the fish and fauna within. Natural resources were being depleted at alarming rates and the ecological balance was being destroyed from excessive logging and deforestation for development to pave way for rising populations and needing to grow agriculture and commercial enterprises. According to the World Preservation Foundation has compiled data on the global overview. They state that the The statistics of deforestation reveal that seven countries of the world amount to around 60 percent of the total deforestation on the planet. These seven countries include Brazil in Latin America, Canada and the United States in North America, Indonesia and China in Asia, Russia in Europe and the Democratic Republic of Congo in Africa. To read more...
Please fill out the short form below to download the full Ebook on Softs: What's ahead for Coffee, Sugar and Cotton? by J. Ganes Consulting LLC.To Download "Softs: What's ahead for Coffee, Sugar and Cotton? by J. Ganes Consulting LLC Ebook, please fill out this form.
Cannon Trading respects your privacy and will never give this information to a 3rd party.2. Hot Market Report - Soybeans Leading Solid Rebound in Grain Markets
From our friend Jim Wyckoff
Jim has an excellent daily newsletter where he reviews different markets, alerts you for potential trades and much more. Included is his great bi-weekly newsletter with charts and a little longer term outlook. We recommend checking out his website, educational CDROM, and services at www.jimwyckoff.com click on image below to enlarge
The soybean market is leading a resurgence in the grain futures markets. Recent price action in the grains suggests major lows are in place and that prices can at least trend sideways, if not sideways to higher in the coming weeks. It appears the major bearish fundamental of a huge U.S. corn and soybean crop have already been factored into futures prices. Note: For those who have experienced the wrong chart with this text, you need to hit the "refresh" button a few times on your internet browser. That should take care of that problem. Stay tuned. By the way, if you need better methods to improve upon your selection of trades, and on entry and exit strategies? I have some educational tools that can help you out. Click here to find out more about my unique educational products.
3. Economic Calendar
Source: Moore Research Center, Inc.
| Date | Reports | Expiration & Notice Dates |
| 11/17 Mon |
7:30 AM CST - Empire Manufacturing(Nov) 8:15 AM CST - Capacity Util & Industrial Prod(Oct) 11:00 AM CST - NOPA Crush | FN: Nov Lumber(CME) LT: Nov Eurodollar(CME) Dec Crude Lt Options(NYM) Dec Sugar-11 Options(ICE) |
| 11/18 Tues |
7:30 AM CST - Core PPI & PPI(Oct) 9:00 AM CST - NAHB Housing Market Index(Nov) 5:00 PM CST - Net Long-Term TIC Flows(Sep) |
|
| 11/19 Wed |
6:00 AM CST - MBA Mortgage Purchase Index 7:30 AM CST - Factory Orders(Jul) 9:30 AM CST - API & DOE Energy Stats 1:00 PM CST - FOMC Minutes |
3:00 PM CST - Dairy Products Sales
FN: Dec Coffee(ICE) LT: Dec Platinum Options(NYM) Dec Palladium Options(NYM) |
| 11/20 Thurs |
7:30 AM CST - USDA Weekly Export Sales 7:30 AM CST - Initial Claims-Weekly 7:30 AM CST - Core CPI & CPI(Oct) 9:00 AM CST - Existing Home Sales(Oct) 9:00 AM CST - Leading Indicators(Oct) 9:00 AM CST - Philadelphia Fed(Nov) 9:30 AM CST - EIA Gas Storage 3:30 PM CST - Money Supply |
LT: Nov Feeder Cattle(CME) Dec Crude Lt(NYM) Nov Feeder Cattle Options(CME) |
| 11/21 Fri |
2:00 PM CST - Cattle On Feed 2:00 PM CST - Cold Storage |
FN: Dec Cotton(ICE) LT: Nov DJIA Options(CME) Nov Nikkei Options(CME) Nov S&P 500 Options(CME) Nov E-Mini S&P 500 Options(CME) Nov NASDAQ Options(CME) Nov E-Mini NASDAQ Options(CME) Nov Russell Options(CME) Dec 2,5,10 Year Notes Options(CBT) Dec Bonds Options(CBT) Dec Wheat Options(CBT) Dec Corn Options(CBT) Dec Oats Options(CBT) Dec Rough Rice Options(CBT) Dec Soybeans,Soymeal,Soyoil Options(CBT) Dec Orange Juice Options(ICE) |
| 11/24 Mon |
|
FN: Dec Crude Lt(NYM) LT: Dec Copper Options(CMX) Dec Gold Options(CMX) Dec Silver Options(CMX) Dec Natural Gas Options(NYM) Dec RBOB & ULSD Options(NYM) |
* Please note that the information contained in this letter is intended for clients, prospective clients, and audiences who have a basic understanding, familiarity, and interest in the futures markets.
** The material contained in this letter is of opinion only and does not guarantee any profits. These are risky markets and only risk capital should be used. Past performances are not necessarily indicative of future results.
*** This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts herein contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgment in trading!
