by Admin | Jul 23, 2021 | Uncategorized
This week’s gains in coffee’s continuation of its 2-YEAR bull trend are nothing short of explosive, producing the highest prices in seven years. Please review today’s Technical Webcast for details that include the cotton market’s...
by Admin | Jul 23, 2021 | Uncategorized
Date Time Event Period Survey Prior7/23/2021 13:00 Baker Hughes U.S. Rig Count 23-Jul — 4847/23/2021 13:00 Baker Hughes U.S. Rotary Oil Rigs 23-Jul 383 3807/23/2021 13:00 Baker Hughes U.S. Rotary Gas Rigs 23-Jul — 1047/23/2021 15:00 Cattle on Feed-Feedlots...
by Admin | Jul 23, 2021 | Uncategorized
Rising U.S. Covid infection rate sparks worries about slower economic growthBipartisan infrastructure bill may get another vote next weekFOMC’s consideration of QE tapering may be slowed by the Delta variant Rising U.S. Covid infection rate sparks worries about...
by Admin | Jul 23, 2021 | Uncategorized
US 0945 ET Preliminary Jul Markit manufacturing PMI expected -0.6 to 62.0, Jun +0.5 to 62.6. Jul Markit services PMI expected -0.1 to 64.5, Jun -5.6 to 64.8.UK 0200 ET UK Jun retail sales including auto fuel expected -0.1% m/m and +9.5% y/y, May -1.4% m/m and +24.6%...
by Admin | Jul 22, 2021 | Uncategorized
Grains were solidly lower overnight with weather models adding a good rain event for the 11-15 day period, likely leaving weatherrelated price volatility high for the next week or so with each model run update.ï‚· A private Brazilian ag consultant...
by Admin | Jul 22, 2021 | Uncategorized
-Corn sales small net cancellations – bottom of trade expectations-Soybean sales small net positive – within expectations-Wheat sales respectable – within expectations-SBM sales at very bottom of expectations/SBO sales minimal U.S. corn sales, for...
by Admin | Jul 22, 2021 | Uncategorized
Date Time Event Period Survey Prior7/22/2021 8:30 Net Export Sales Corn-Total 15-Jul — 2727/22/2021 8:30 Net Export Sales Corn-Old Crop 15-Jul — 138.87/22/2021 8:30 Net Export Sales Soybeans-Total 15-Jul — 312.47/22/2021 8:30 Net Export Sales...
by Admin | Jul 22, 2021 | Uncategorized
Bipartisan infrastructure bill may get another vote next weekCBO says Treasury’s debt-limit X-date isn’t until October or NovemberECB meeting expected to produce revised guidanceU.S. existing home sales expected to snap 4-month losing streakU.S. LEI...
by Admin | Jul 22, 2021 | Uncategorized
US 0830 ET Weekly initial unemployment claims expected -10,000 to 350,000, previous -26,000 to 360,000. Weekly continuing claims expected -141,000 to 3.100 million, previous -126,000 to 3.241 million.0830 ET Jun Chicago Fed national activity index expected +0.0 1to...
