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#Grain #Futures Comments

  -Ag markets rally on ideas of Chinese trade proposal -Discussion of tomorrow Export Sales numbers -USDA early acreage ideas from Outlook conference -Brazilian soybean export ideas lowered -No USDA sales announcements   ï‚· Ag markets...

#USDA AG Conference #Corn, #Wheat, #Soybean Estimates

This morning, in the opening session of the USDA’s Ag Outlook conference, some preliminary ideas on the 2019/20 U.S. crop situation were released by the USDA. Their full initial ideas on the 2019/20 balance sheets will be released tomorrow morning. Initial...

Today’s Economic & #Commodity #Futures Perspectives

  Dovish minutes show FOMC members on board with pause and that balance sheet runoff could end this year US/Chinese high-level trade talks resume today  EU-UK are reportedly working on compromise backstop language 30-year TIPS auction U.S. economic report...

Today’s Economic & #Commodity #Futures Perspectives

  Trump administration floats possibility of 60-day tariff deadline extension U.S. auto tariff recommendation expected today U.S. government shutdown threat is over for this fiscal year Prime Minister May will soldier on with her Brexit strategy even after...

Morning #Grain #Futures Comments

-Brazil lowers soybean crop estimate – warns of possibly more to come -Brazil raises corn area/crop estimates -EU solidifies deal to allow Argentine biodiesel imports -EPA pushes to get E15 rule in place – may sacrifice RIN reform -Algeria tenders for...

Today’s Economic & #Commodity #Futures Perspectives

  EUR/USD falls to 3-month low on weak Eurozone economic growth and interest rate differentials Possible Trump/Xi summit in March suggests tariff deadline extension Congress tries to work through border security snag U.S. job openings expected to remain generally...
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