AUDIO: Weekly Market Commentary w/ Jim Daven (June 22-26)

We're talking with Jim Daven, market analyst with Commercial Grain Inc. in Conway, Ark.

Jim, outside markets such as oil and the dollar seem to exert a lot of influence over the grains. Any chance we'll ever see that change?




Taking a look at rice and cotton. Jim, will the abandoned acres in Texas affect the near term cotton movement?




Lastly, moving on to livestock. Jim, beef markets appear to be at a stand still. With demand down and no new developments should we expect more downside?

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Thanks, Jim! We'll look forward to chatting with you again next week.

AUDIO: Weekly Market Commentary w/ Jim Daven (June 15-19)

We're talking with Jim Daven, market analyst with Commercial Grain Inc. in Conway, Ark.

We'll look at grains first. Jim, do we have any evidence of rationing taking place in the old crop beans?




Moving on to rice and cotton. Jim, both of those crops traded down this week, and the dollar strengthened. Should we expect more of the same next week?




Lastly, we'll take a glance at livestock. Jim, have the recent TB cases contributed to the lethargic state of affairs in the cattle markets?




Thanks, Jim! We'll look forward to talking with you again next week.

AUDIO: Weekly Market Commentary w/ Jim Daven (June 8-12)

We're chatting with Jim Daven, market analyst with Commercial Grain Inc. in Conway, Ark.

We'll start off with grains. Jim, should growers continue booking their crop at this current market level?




Looking at rice and cotton. Jim, both of those crops seem to be stable at their current levels. Should we expect any improvements in exports to follow?




Finally, moving on to livestock. Jim, livestock markets seem to be in a lull at this time. Should we expect this to continue?




Thanks, Jim! We'll look forward to hearing from you again next week.

AUDIO: Weekly Market Commentary w/ Jim Daven (June 1-5)

We're talking with Jim Daven, market analyst with Commercial Grain Inc. in Conway, Ark.

We'll open up with grain markets. Jim, should we expect more volatility in the next few days as compared with Wednesday and Thursday of this week?




Moving on rice and cotton. Jim do we have any new developments in those markets?




Lastly, taking a peek at livestock. Jim have high grain prices suppressed the cattle market?




Thanks, Jim! We'll look forward to talking with you again next week.

Cotton Prices Fall as Dollar Jumps

NEW YORK-(Bloomberg)--Cotton prices fell the most since January as the dollar rebounded, spurring concern that demand for commodities may drop. Orange juice declined.

The Reuters/Jefferies CRB Index of 19 raw materials dropped the most in six weeks. The dollar was poised for the largest gain in four months against a basket of major currencies, eroding the appeal of commodities as a hedge against inflation.

“It’s speculative money pushing cotton around,” said Hibbie Barrier, a director at Avondale Partners in Nashville, Tennessee. “When the dollar is down, they are buying. When the dollar is up, they are lightening up.”

Cotton futures for July delivery fell 2.81 cents, or 4.8 percent, to 55.84 cents a pound on ICE Futures U.S. in New York, the biggest drop for a most-active contract since Jan. 12.

“Cotton is falling with all the other commodities on the dollar,” Andy Ryan, a risk-management consultant for FCStone in Nashville, Tennessee, said in an e-mail. “Demand for physical bales has yet to surface on the decline.”

The price still has climbed 14 percent this year amid shrinking crops in the U.S., the world’s largest exporter, and China, the biggest grower and user.