by Admin | Oct 8, 2021 | Uncategorized
Malaysian palm oil futures closed sharply higher again overnight, hitting new all-time record highs once more, following the Chinese markets’ re-opening after a week-long holiday, which saw substantial gains posted in soybeans, soybean oil and palm...
by Admin | Oct 8, 2021 | Uncategorized
In a virtual repeat of our previous update from Wed’s Technical Blog, today’s break above Wed’s 113.93 high reaffirms this spectacular bull market and leaves yesterday’s 108.63 low in its wake as the latest smaller-degree...
by Admin | Oct 8, 2021 | Uncategorized
October Currency options will cease trading at 9:00 a.m. (CDT). November Coffee options will cease trading at 12:30 p.m. (CDT). October Dollar Index options will cease trading at 2:00 p.m. (CDT).
by Admin | Oct 8, 2021 | Uncategorized
U.S. payroll report may determine whether FOMC tapers QE at its next meetingSenate passes debt ceiling increase but it still has to be passed by the House U.S. payroll report may determine whether FOMC tapers QE at its next meeting — Today’s Sep...
by Admin | Oct 8, 2021 | Uncategorized
US 0830 ET Sep nonfarm payrolls expected +500,000, Aug +235,000. Sep private payrolls expected +450,000, Aug +243,000. Sep manufacturing payrolls expected +25,000, +37,000. Sep unemployment rate expected -0.1 to 5.1%, Aug -0.2 to 5.2%.0830 ET Sep avg hourly earnings...
by Admin | Oct 7, 2021 | Uncategorized
The 240-min chart below shows overnight’s break below 01-Oct’s 5.533 low and short-term risk parameter discussed in yesterday’s Technical Blog confirming a bearish divergence in short-term momentum. The important by-product of this...
by Admin | Oct 7, 2021 | Uncategorized
Overnight’s recovery above 01-Oct’s 4366 initial counter-trend high detailed in the 240-min chart below confirms a bullish divergence in short-term momentum. This mo failure leaves yesterday’s 4273 low in its wake as the latest...
by Admin | Oct 7, 2021 | Uncategorized
-Corn sales better than expected-Soybean sales respectable/within expectations-Wheat sales within expectations but tepid-SBM/SBO sales better than expected U.S. corn sales, for the week ended 9/30/21, were 1.265 MMT (49.8 million bushels), above market expectations of...
by Admin | Oct 7, 2021 | Uncategorized
Date Time Event Period Survey Prior10/7/2021 8:30 Net Export Sales Corn-Total 30-Sep — 370.4k10/7/2021 8:30 Net Export Sales Corn-Old Crop 30-Sep — 370.4k10/7/2021 8:30 Net Export Sales Soybeans-Total 30-Sep — 1101.7k10/7/2021 8:30 Net Export Sales...
