by Admin | Oct 5, 2021 | Uncategorized
The 240-min chart above details the market’s short-term momentum failure today below 01-Oct’s 192.95 smaller-degree corrective low and short-term risk parameter discussed in Fri’s Technical Webcast. This admittedly short-term bearish...
by Admin | Oct 5, 2021 | Uncategorized
It’s a quiet news morning with corn easing a bit lower in overnight price action and soybeans trading lower during most of the overnight session but firming into the break, while wheat followed the weakness in Matif wheat lower. Soybean oil posted...
by Admin | Oct 5, 2021 | Uncategorized
-Corn planting progress right in line with last year, ahead of 5-year average-Soybean planting progress underway-slightly ahead of last year, right in line with average
by Admin | Oct 5, 2021 | Uncategorized
Lack of a debt ceiling strategy continues to cause considerable market uncertaintyU.S. non-manufacturing ISM index expected to show back-to-back decline but remain strongU.S. trade deficit expected to remain extremely wide Lack of a debt ceiling strategy continues to...
by Admin | Oct 5, 2021 | Uncategorized
US 0830 ET Aug trade balance expected -$70.7 billion, July -$70.1 billion.0845 ET Revised Sep Markit services PMI, prelim-Sep -0.7 to 54.4.1000 ET Sep ISM non-manufacturing index expected -1.8 to 59.9 Aug -2.4 to 61.7.FRANCE 0245 ET France Aug industrial production...
by Admin | Oct 5, 2021 | Uncategorized
-Corn conditions 59% good/excellent vs 59% expected (58-60% range of ideas), 59% last week, 62% last year-Corn harvested 29% complete vs 29% expected (27-32% range of ideas), 18% last week, 22% average-Soybean conditions 58% good/excellent vs 58% expected (57-59%...
by Admin | Oct 4, 2021 | Uncategorized
-USDA reports corn sale to Mexico-Brazilian soybean planting underway-Russian wheat price rise continues, new crop area seen declining-Sept Malaysian palm oil stocks expected to remain above year ago levels ï‚· Next Monday, the Malaysian Palm Oil...
by Admin | Oct 4, 2021 | Uncategorized
Date Time Event Period Survey Prior10/4/2021 11:00 Export Inspections – Corn 30-Sep — 517.5k10/4/2021 11:00 Export Inspections – Soybeans 30-Sep — 440.7k10/4/2021 11:00 Export Inspections – Wheat 30-Sep — 286.1k10/4/2021 16:00 Crop...
by Admin | Oct 4, 2021 | Uncategorized
Weekly market focusDebt ceiling continues to pose considerable market uncertaintyMarkets will continue to assess the timing of QE taperingU.S. Covid infection rate falls to 1-3/4 month low Weekly market focus — The markets this week will focus on (1) the...
