by Admin | Feb 10, 2020 | Uncategorized
-Soybean exports below expectations – marketing year low-Corn exports at top end of expectations, but still well below “needed” pace-Wheat exports as expected U.S. soybean exports, for the week ended 2/06/20, were just 604k tonnes (22.2 million...
by Admin | Feb 10, 2020 | Uncategorized
-Malaysian Jan palm oil stocks lowest since June 2017, but weak demand weighs on prices-CFTC data shows funds move to record net short in SBM-Generally favorable South American weather continues-Algeria tenders for wheat-USDA/CONAB numbers out tomorrow-Trade estimate...
by Admin | Feb 10, 2020 | Uncategorized
Softs this week settled mixed: SBH0 +0.31 (+2.12%), KCH0 -4.30 (-4.19%), CCH0 +123 (+4.43%), CTH0 +0.25 (+0.37%). Mar sugar on Friday settled slightly higher and finished the week up +2.12%. Sugar prices have rallied steadily...
by Admin | Feb 10, 2020 | Uncategorized
Livestock prices this week closed lower: LCJ0 +0.125 (+0.10%), LHJ0 +4.650 (+7.55%). Apr live cattle on Friday closed higher and finished the week up by +0.10%. Apr cattle fell to a 4-month low Thursday as domestic beef demand weakened after...
by Admin | Feb 10, 2020 | Uncategorized
Weekly global market focusTrade tensions will remain in the news this weekMarkets wait for Russia’s answer on OPEC+ production cutQ4 earnings start to wind down Weekly global market focus — The U.S. markets this week will focus on (1) whether there is...
by Admin | Feb 10, 2020 | Uncategorized
US 0815 ET Fed Governor Michelle Bowman speaks about community banks at an event in Orlando, FL. 1345 ET San Francisco President Mary Daly (non-voter) speaks at an event in Dublin. 1515 ET Philadelphia Fed President Patrick Harker (voter) discusses the economic...
by Admin | Feb 7, 2020 | Uncategorized
Last Trading Day for these FEBRUARY OPTIONS:Â #Live Cattle; IMM #Currencies; #Dollar Index.TODAYÂ is Last Trading Day for these MARCH OPTIONS:Â #Cotton; ICE #Cocoa.March Cocoa options will cease trading at 12:30 p.m....
by Admin | Feb 7, 2020 | Uncategorized
-USDA discusses Phase One trade deal implications for WASDE/other reports in white paper-Russian new crop wheat crop/export ideas very strong, while old crop exports pulled back-Algeria gives approval for Russian wheat imports/Iraq next?-French wheat exports remain...
by Admin | Feb 7, 2020 | Uncategorized
Chinese tariff cut is helpful but US/China trade tensions continue with ongoing tariffs and questions about China’s purchase capabilitiesRussia balks at OPEC+ production cutPayroll report expected to show a respectable increase before any coronavirus effects hit...
by Admin | Feb 7, 2020 | Uncategorized
US 0830 ET Jan non-farm payrolls expected +162,000, Dec +145,000. Jan private payrolls expected +150,000, Dec +139,000. Jan manufacturing payrolls expected -1,000, Dec -12,000. Jan unemployment rate expected unch at 3.5%, Dec unch at 3.5%. 0830 ET Jan avg hourly...
