by Admin | Jul 23, 2020 | Uncategorized
-New crop soybean sales larger than expected, old crop at lower end of expectations-New crop corn sales large as expected, old crop sales lower than expected-Wheat sales slightly above range of ideas-SBM sales lower than expected/SBO sales as expected This...
by Admin | Jul 23, 2020 | Uncategorized
-Ethanol production sees first decline in 12 weeks-Ethanol stocks decline resumes – now lowest since end 2016 U.S. ethanol production, in the week ended 7/17/20, posted the first decline in 12 weeks, falling to 908k barrels/day (267 million gallons/week) from...
by Admin | Jul 23, 2020 | Uncategorized
Date TimeEventPeriodSurveyPrior7/23/2020 8:30Net Export Sales Corn-Total16-Jul–1636.57/23/2020 8:30Net Export Sales Corn-Old Crop16-Jul–981.17/23/2020 8:30Net Export Sales Soybeans-Total16-Jul–1080.57/23/2020 8:30Net Export Sales...
by Admin | Jul 23, 2020 | Uncategorized
Markets wait for China’s response to U.S. closure of its Houston consulate McConnell may release Republican pandemic rescue bills as soon as todayU.S. initial unemployment claims expected to stop improvingLEI expected to show back-to-back gain in...
by Admin | Jul 23, 2020 | Uncategorized
US 0830 ET Weekly initial unemployment claims expected unch at 1.300 million, previous -10,000 to 1.300 million. Weekly continuing claims expected -238,000 to 17.100 million, previous -422,000 to 17.338 million.1000 ET Jun leading indicators expected +2.1% m/m, May...
by Admin | Jul 22, 2020 | Uncategorized
-USDA soybean sales announcements continue-Rising tensions with China following embassy closure-U.S. weather outlook favorable through early August-Russian wheat yields down moderately from last year-Several Asian grain tenders passed on due to high prices...
by Admin | Jul 22, 2020 | Uncategorized
Date TimeEventPeriodSurveyPrior7/22/2020 10:30DOE U.S. Crude Oil Inventories17-Jul-2200k-7493k7/22/2020 10:30DOE Cushing OK Crude Inventory17-Jul–949k7/22/2020 10:30DOE U.S. Gasoline Inventories17-Jul-1500k-3147k7/22/2020 10:30DOE U.S. Distillate...
by Admin | Jul 22, 2020 | Uncategorized
Washington’s latest pandemic rescue bill is moving slowlyU.S. existing home sales expected to partially recoverU.S. house prices expected to continue rising20-year T-bond auction to yield near 1.08% Washington’s latest pandemic rescue bill is moving...
by Admin | Jul 22, 2020 | Uncategorized
US 0700 ET Weekly MBA mortgage applications.0900 ET May FHFA house prices expected +0.3% m/m, Apr +0.2% m/m.1000 ET Jun existing home sales expected +21.5% to 4.75 million, May -9.7% to 3.91 million.1030 ET EIA weekly Petroleum Status Report.1300 ET Treasury auctions...
by Admin | Jul 21, 2020 | Uncategorized
-Better than expected crop conditions weigh on markets overnight-Pick up in global demand interest seen on price break-Egypt tenders for wheat-China expected to auction rice/wheat to cool corn price strength-US extended weather outlook non-threatening...
