by Admin | Jul 14, 2021 | Uncategorized
Fed Chair Powell not expected to spring any surprises in today’s testimonyU.S. PPI expected to surgeChina GDP expected to be weak Fed Chair Powell not expected to spring any surprises in today’s testimony — Fed Chair Powell today will appear...
by Admin | Jul 14, 2021 | Uncategorized
US 0700 ET Weekly MBA mortgage applications.0830 ET Jun PPI final demand expected +0.6% m/m and +6.8% y/y, May +0.8% m/m and +6.6% y/y. Jun PPI ex-food & energy expected +0.5% m/m and +5.1% y/y, May +0.7% m/m and +4.8% y/y.1030 ET EIA weekly Petroleum Status...
by Admin | Jul 13, 2021 | Uncategorized
-Surging canola continues to support soybeans/SBO-Russian wheat crop ideas lowered-US corn/soybean conditions stabilize but still waiting for widespread improvements-Large French wheat crop/export ideas Soybeans and soybean oil were higher overnight, following the...
by Admin | Jul 13, 2021 | Uncategorized
Wheat stole the show in this month’s USDA report with the first official estimate of the U.S. spring wheat crop proving shockingly low, prompting a reassessment of by-class demand ideas for 2021/22. USDA made necessary, routine revisions to the old...
by Admin | Jul 13, 2021 | Uncategorized
U.S. CPI expected to show another strong monthly increase but Fed still insists inflation surge is transitory30-year T-bond auction to yield near 2.00%Â U.S. pandemic statistics surge due to Delta variant U.S. CPI expected to show another strong monthly...
by Admin | Jul 13, 2021 | Uncategorized
US 0830 ET Jun CPI expected +0.5% m/m and +4.9% y/y, May +0.6% m/m and +5.0% y/y. Jun CPI ex-food & energy expected +0.4% m/m and +4.0% y/y, May +0.7% m/m and +3.8% y/y.1200 ET Minneapolis Fed President Neel Kashkari (non-voter), Boston Fed President Eric...
by Admin | Jul 13, 2021 | Uncategorized
-Brazil safrinha corn harvest remains slow-Harvest progress well behind average/last year
by Admin | Jul 13, 2021 | Uncategorized
-Corn conditions 65% good/excellent vs 65% expected (63-67% range of ideas), 64% last week, 69% last year-Soybean conditions 59% good/excellent vs 60% expected (57-62% range of ideas), 59% last week, 68% last year-Winter wheat harvest 59% complete vs 60% expected...
by Admin | Jul 12, 2021 | Uncategorized
-Corn exports at lower end of expectations – below “needed” pace-Soybean exports within expectations – maintaining “needed” pace-Wheat exports at upper end of weak expectations – remain lackluster U.S. corn exports, for the...
by Admin | Jul 12, 2021 | Uncategorized
-Attache sees lower Argentine soybean crop than USDA-Corn/soybean conditions expected to improve this afternoon-China leaves balance sheet ideas unchanged-Malaysian palm oil stocks lower than expected-USDA reports today at 11:00 AM CT – trade estimate summary...
