by Admin | Apr 9, 2020 | Uncategorized
Date TimeEventSurveyPrior4/9/2020 8:30Net Export Sales Corn-Total2-Apr–1095.84/9/2020 8:30Net Export Sales Corn-Old Crop2-Apr–1075.44/9/2020 8:30Net Export Sales Soybeans-Total2-Apr–1071.44/9/2020 8:30Net Export Sales...
by Admin | Apr 9, 2020 | Uncategorized
US 0830 ET Weekly initial unemployment claims expected -1.398 million to 5.25 million, previous +3.341 million to 6.648 million. Weekly continuing claims, previous +1.245 million to 3.029 million. 0830 ET Mar PPI final demand expected -0.4% m/m and +0.5% y/y Feb -0.6%...
by Admin | Apr 9, 2020 | Uncategorized
-Ethanol production gutting continues – record low weekly rate-Ethanol stocks surge continues U.S. ethanol production, for the week ended 4/03/20, plunged again to a new all-time low of 672k barrels/day (198 million gallons/week) from 840k bpd (247 million...
by Admin | Apr 8, 2020 | Uncategorized
-Ideas China in for U.S. corn-South Korea/Taiwan buy corn, but likely not U.S.-USDA to resurvey for corn/soybean production updates for May report – but ND resurvey to come later-Brazil may import corn in coming months-Court rejects refinery case challenging...
by Admin | Apr 8, 2020 | Uncategorized
Date TimeEventSurveyPrior4/8/2020 10:30DOE U.S. Crude Oil Inventories3-Apr9250k13833k4/8/2020 10:30DOE Cushing OK Crude Inventory3-Apr–3521k4/8/2020 10:30DOE U.S. Gasoline Inventories3-Apr5550k7524k4/8/2020 10:30DOE U.S. Distillate...
by Admin | Apr 8, 2020 | Uncategorized
Congress could move quickly to boost critical small-business lending programMinutes will show FOMC’s quick actionEIA prediction of U.S. oil production cut of 1 million bpd may be U.S. contribution to OPEC++ agreement Congress could move quickly to boost critical...
by Admin | Apr 8, 2020 | Uncategorized
US 0700 ET Weekly MBA mortgage applications. 1030 ET EIA weekly Petroleum Status Report. 1300 ET Treasury auctions $17 billion of 30-year T-bonds. 1400 ET Minutes of the Mar 15 FOMC meeting. JAPAN 0100 ET Japan Mar eco watchers survey outlook expected -4.6 to 20.0,...
by Admin | Apr 7, 2020 | Uncategorized
-Strong winter wheat conditions weight on market overnight-French soft wheat area estimated at 17-year low-South Korea buys corn – unlikely U.S.-Palm oil strong on continued production concerns-Trade estimate summary for Thursday USDA report USDA will release...
by Admin | Apr 7, 2020 | Uncategorized
-Corn exports higher than expected-Soybean/wheat exports at bottom of expectations U.S. corn exports, for the week ended 4/02/20, were solid at 1.271 MMT (50.1 million bushels), above market expectations of 800k-1.2 MMT (31.5-47.2 million bushels) and just surpassing...
by Admin | Apr 7, 2020 | Uncategorized
The USDA revised February soybean crush data originally released Wednesday afternoon, April 1. The revisions lowered February crush to be slightly less than market expectations from the initial reflection of sharply higher than expected crush, while February soybean...