by Admin | Nov 6, 2020 | Uncategorized
-Australian wheat prices under pressure amid huge crop expectations-Brazil allows GMO soybean imports-USDA attache sharply raises Chinese corn import expectations-Argentine soybean crop potential questioned-USDA baseline projections released this afternoon-Trade...
by Admin | Nov 6, 2020 | Uncategorized
Date TimeEventPeriodSurveyPrior11/6/2020 13:00Baker Hughes U.S. Rig Count6-Nov–29611/6/2020 13:00Baker Hughes U.S. Rotary Oil Rigs6-Nov22522100.00%11/6/2020 13:00Baker Hughes U.S. Rotary Gas Rigs6-Nov–7200.00%
by Admin | Nov 6, 2020 | Uncategorized
Once the election results are final, market attention will return to the worsening pandemic and prospects for fiscal stimulusFed Chair Powell again pleads for more fiscal helpU.S. labor market recovery slows Once the election results are final, market attention will...
by Admin | Nov 6, 2020 | Uncategorized
US 0830 ET Oct nonfarm payrolls expected +600,000, Sep +661,000. Oct private payrolls expected +693,000, Sep +877,000. Oct manufacturing payrolls expected +55,000, Sep +66,000. Oct unemployment rate expected -0.2 to 7.7%, Sep -0.5 to 7.9%.0830 ET Oct avg hourly...
by Admin | Nov 5, 2020 | Uncategorized
-Soybean sales solid – towards upper end of expectations-Corn sales strong again – above expectations-Wheat sales within expectations-SBM sales solid/SBO sales limited While the pace of soybean sales has slowed from the torrid levels to start the marketing...
by Admin | Nov 5, 2020 | Uncategorized
Date TimeEventPeriodSurveyPrior11/5/2020 8:30Net Export Sales Corn-Total29-Oct–2243.711/5/2020 8:30Net Export Sales Corn-Old Crop29-Oct–2243.711/5/2020 8:30Net Export Sales Soybeans-Total29-Oct–1629.711/5/2020 8:30Net Export Sales...
by Admin | Nov 5, 2020 | Uncategorized
Divided Congress means no big stimulus bill but also means no taxes hikes or legislative overhauls of healthcare and techStimulative burden now falls solely on Fed but no action is expected todayUnemployment claims expected to show continued improvement in the labor...
by Admin | Nov 5, 2020 | Uncategorized
US 0730 ET Oct Challenger job cuts, Sep +185.9% y/y.0830 ET Weekly initial unemployment claims expected -16,000 to 735,000, previous -40,000 to 751,000. Weekly continuing claims expected -556,000 to 7.200 million, previous -709,000 to 7.756 million.0830 ET Q3 nonfarm...
by Admin | Nov 4, 2020 | Uncategorized
-USDA attache pulls back Chinese soybean import ideas-No USDA sales announcements again-Decent rains in Brazil forecast, but Argentina mostly dry Equity and energy markets are higher this morning on optimism President Trump may pull out a victory in...
by Admin | Nov 4, 2020 | Uncategorized
Major challenges await the next president Busy U.S. calendar today Major challenges await the next president — The markets today will react to the outcome of yesterday’s election. The markets remain on guard for a disputed election...
