by Admin | Jun 2, 2021 | Uncategorized
-US corn conditions better than expected-HRW/SRW conditions remain strong, while white/HRS struggle-Brazil May soybean exports record high for the month-Argentine farmer soybean sales remain slow vs last year NOTE: Due to Monday’s holiday, the...
by Admin | Jun 2, 2021 | Uncategorized
-April U.S. soybean crush slightly lower than expected-April U.S. soybean oil stocks marginally higher than expected-April corn for ethanol usage supports ideas for slightly higher annual usage than USDA projection USDA reported U.S. soybean crush in April was 169.9...
by Admin | Jun 2, 2021 | Uncategorized
Beige Book will keep pressure on Fed to discuss QE taperingBiden holds bipartisan infrastructure talks again today as he runs past his original deadline U.S. Covid pandemic continues to fade with new infections falling to 14-month low Beige Book will keep...
by Admin | Jun 2, 2021 | Uncategorized
-Corn planting 95% complete vs 96% expected (95-97% range of ideas), 90% last week, 92% last year, 87% average-First corn crop condition rating of the year 76% g/e vs 70% expected (64-78% range of ideas), 74% last year-Soybean planting 84% complete vs 87% expected...
by Admin | Jun 2, 2021 | Uncategorized
US 0700 ET Weekly MBA mortgage applications.1200 ET Philadelphia Fed President Patrick Harker (non-voter) delivers opening remarks on a forum on racism and the economy hosted by the Minneapolis Fed.1400 ET Fed Beige Book.1400 ET Chicago Fed President Charles Evans...
by Admin | Jun 1, 2021 | Uncategorized
-Corn exports slightly above range of ideas-Soybean exports within expectations-Wheat exports at bottom of expectations U.S. corn exports, for the week ended 5/27/21, were 2.049 MMT (80.7 million bushels), slightly above the range of market ideas of 1.5-2.0 MMT...
by Admin | Jun 1, 2021 | Uncategorized
-First corn crop conditions in this afternoon’s Crop Progress update-India expecting normal monsoon-Funds widespread net sellers in latest CFTC data-Brazil rain forecast remains limited-USDA Oilseed Crushings report this afternoon ï‚· This...
by Admin | Jun 1, 2021 | Uncategorized
Date Time Event Period Survey Prior6/1/2021 9:30 Purdue Agriculture Sentiment May — 1786/1/2021 11:00 Export Inspections – Corn 27-May — 1727.886/1/2021 11:00 Export Inspections – Soybeans 27-May — 193.916/1/2021 11:00 Export Inspections...
by Admin | Jun 1, 2021 | Uncategorized
Weekly global market focusMarkets brace for possible QE tapering talks at FOMC meeting in two weeksTime is running out for bipartisan talks on Biden job and family proposalQ1 earnings season trickles to a closeU.S. ISM manufacturing index expected to remain strong...