by Admin | Mar 5, 2020 | Uncategorized
-Soybean sales weaker than expected-Corn sales at lower end of expectations-Wheat sales at upper end of expectations-SBM/SBO sales strong NOTE: Due to travel schedules, this week’s post only contains our usual summary charts of this week’s Export Sales...
by Admin | Mar 5, 2020 | Uncategorized
Date TimeEventSurveyPrior3/5/2020 8:30Net Export Sales Corn-Total–978.33/5/2020 8:30Net Export Sales Corn-Old Crop–864.63/5/2020 8:30Net Export Sales Soybeans-Total–361.43/5/2020 8:30Net Export Sales Soybeans-Old–339.33/5/2020 8:30Net Export...
by Admin | Mar 5, 2020 | Uncategorized
Stocks come roaring back on virus-response and politicsBullard says don’t expect another rate cut at FOMC meeting in two weeks Russia resists production cut at this week’s OPEC+ meetingClaims report will be watched for signs of virus-related...
by Admin | Mar 5, 2020 | Uncategorized
US 0730 ET Feb Challenger job cuts, Jan +27.8% y/y. 0830 ET Weekly initial unemployment claims expected -4,000 to 215,000, previous +8,000 to 219,000. Weekly continuing claims expected +14,000 to 1.738 million, previous -9.000 to 1.724 million. 0830 ET Revised Q4...
by Admin | Mar 4, 2020 | Uncategorized
-Argentina raises soy complex export taxes, corn/wheat unchanged-Chinese SBO demand seen notably impacted by coronavirus/SBM impacted but less so-Private Brazilian/Argentine soybean crop ideas moving higher-Brazil biodiesel blending mandate graduating higher The...
by Admin | Mar 4, 2020 | Uncategorized
Date TimeEventSurveyPrior3/4/2020 10:30DOE U.S. Crude Oil Inventories3000k452k3/4/2020DOE Cushing OK Crude Inventory–906k3/4/2020DOE U.S. Gasoline Inventories-1871k-2691k3/4/2020 10:30DOE U.S. Distillate Inventory-2000k-2115k3/4/2020 10:30DOE U.S. Refinery...
by Admin | Mar 4, 2020 | Uncategorized
Fed’s rate cut fails to offset stock market concerns about the coronavirusFed kicks off what is likely to be a string of global interest rate cuts10-year T-note yield falls below 1.00% to record low while global negative-yielding debt rises to $14.3 trillionOil...
by Admin | Mar 4, 2020 | Uncategorized
US 0700 ET Weekly MBA mortgage applications. 0815 ET Feb ADP employment change expected +170,000, Jan +291,000. 0945 ET Revised Feb Markit services PMI expected +0.1 to 49.5, prelim-Feb -4.0 to 49.4. 1000 ET Feb ISM non-manufacturing PMI expected -0.6 to 54.9, Jan...
by Admin | Mar 3, 2020 | Uncategorized
Last Trading Day for these FEBRUARY FUTURES: #Butter; #Milk.TODAY is Last Trading Day for these FEBRUARY OPTIONS: Butter; Milk.All of these contracts will cease trading at...
by Admin | Mar 3, 2020 | Uncategorized
-Winter wheat conditions improve considerably over the last week-Australia sees potentially huge recovery in wheat production-Large March soybean deliveries come out-Texas corn planting ahead of average/winter wheat development notably ahead With the...
