by Admin | Jun 4, 2021 | Uncategorized
-Argentina soybean crop harvest is behind last year and ahead of the 5 year average-Argentina corn crop harvest is well behind last year and behind the 5 year average
by Admin | Jun 4, 2021 | Uncategorized
-Old crop corn sales larger than expected-Old crop soybean sales minimal-Wheat sales as expected-SBM sales remain respectable/SBO sales minimal Old crop U.S. corn sales, for the week ended 5/27/21, of 531k tonnes (20.9 million bushels) were above market expectations...
by Admin | Jun 4, 2021 | Uncategorized
June Currency options will cease trading at 9:00 a.m. (CDT). July Cocoa options will cease trading at 12:30 p.m. (CDT). June Live Cattle options will cease trading at 1:00 p.m. (CDT). June Dollar Index options will cease trading at 2:00 p.m. (CDT).
by Admin | Jun 4, 2021 | Uncategorized
U.S. payroll jobs expected to show a big increaseStocks see some support as Biden floats 15% minimum corporate tax idea U.S. payroll jobs expected to show a big increase — The markets will be carefully watching today’s payroll report to see if hiring...
by Admin | Jun 4, 2021 | Uncategorized
US 0700 ET Fed Chair Jerome Powell participates in a panel on climate change with ECB President Christine Lagarde and other officials hosted by the IMF, BIS, and Bank of France. US 0830 ET May nonfarm payrolls expected +664,000, Apr +266,000. May private payrolls...
by Admin | Jun 4, 2021 | Uncategorized
-Ethanol production rises again – nearly reaches 2019 levels-Ethanol stocks post solid bounce, but remain historically low U.S. ethanol production, for the week ended 5/28/21, rose to 1.034 million barrels/day (304 million gallons/week) from 1.011 mbpd (297 mil...
by Admin | Jun 3, 2021 | Uncategorized
-Global vegoil price surge continues-Another Brazil corn crop estimate lowered-Argentine livestock protest lifted – threatens to resume including grains-India considering lower vegoil import taxes NOTE: Due to Monday’s holiday, the...
by Admin | Jun 3, 2021 | Uncategorized
Date Time Event Period Survey Prior6/3/2021 8:30 Net Export Sales Wheat-Old 27-May — 29.56/3/2021 10:30 EIA Natural Gas Storage Change 28-May 95 1156/3/2021 10:30 EIA Working Natural Gas Implied Flow 28-May 95 1156/3/2021 11:00 DOE Total Fuel Ethanol Inventory...
by Admin | Jun 3, 2021 | Uncategorized
U.S. ADP jobs expected to show another large increaseU.S. weekly unemployment claims expected to fall to new 14-month lowsU.S. ISM services index expected to remain very strong U.S. ADP jobs expected to show another large increase — The markets will be...
by Admin | Jun 3, 2021 | Uncategorized
US 0730 ET May Challenger job cuts, Apr -96.6% y/y.0815 ET May ADP employment change expected +650,000, Apr +742,000.0830 ET Weekly initial unemployment claims expected -18,000 to 388,000, previous -38,000 to 406,000. Weekly continuing claims expected -27,000 to 3.615...
