by Admin | May 13, 2021 | Uncategorized
-Old crop corn sales net cancellations – new crop sales solid-Old/new crop soybean minimal-Wheat sales uninspiring-SBM/SBO sales at bottom of expectations U.S. corn old crop sales, for the week ended 5/06/21, were net cancellations of 113k tonnes (4.5 million...
by Admin | May 13, 2021 | Uncategorized
Date Time Event Period Survey Prior5/13/2021 8:30 Net Export Sales Corn-Total 6-May — 243.55/13/2021 8:30 Net Export Sales Corn-Old Crop 6-May — 137.45/13/2021 8:30 Net Export Sales Soybeans-Total 6-May — 358.15/13/2021 8:30 Net Export Sales...
by Admin | May 13, 2021 | Uncategorized
Stocks continue to fall on strong CPI report U.S. PPI also likely to show an inflation surge30-year T-bond auction to yield near 2.41% Stocks continue to fall on strong CPI report — The U.S. stock market on Wednesday fell sharply on the...
by Admin | May 13, 2021 | Uncategorized
US 0830 ET Weekly initial unemployment claims expected -8,000 to 490,000, previous -92,000 to 498,000. Weekly continuing claims expected -40,000 to 3.650 million, previous +37,000 to 3.690 million.0830 ET Apr PPI final demand expected +0.3% m/m and +5.8% y/y, Mar...
by Admin | May 12, 2021 | Uncategorized
-China reaffirms large corn crop expectations – modestly lower new crop imports-China sees slowing corn demand growth in 21/22-Brazil conservatively lowers corn crop estimate/holds soybean estimate steady-USDA reports routine corn sale to Mexico-USDA reports at...
by Admin | May 12, 2021 | Uncategorized
Date Time Event Period Survey Prior5/12/2021 10:30 DOE Total Fuel Ethanol Inventory 7-May — 20440k5/12/2021 10:30 DOE Fuel Ethanol Total Production 7-May — 952k5/12/2021 10:30 DOE U.S. Crude Oil Inventories 7-May -2100k -7990k5/12/2021 10:30 DOE Cushing OK...
by Admin | May 12, 2021 | Uncategorized
Today’s CPI report could fuel fresh inflation worries10-year T-note yield steady ahead of today’s auction Today’s CPI report could fuel fresh inflation worries — The market’s recent inflation fixation means that today’s CPI...
by Admin | May 12, 2021 | Uncategorized
US 0700 ET Weekly MBA mortgage applications.0830 ET Apr CPI expected +0.2% m/m and +3.6% y/y, Mar +0.6% m/m and +2.6% y/y. Apr CPI ex-food & energy expected +0.3% m/m and +2.3% y/y, Mar +0.3% m/m and +1.6% y/y.0900 ET Fed Vice Chair Richard Clarida gives a virtual...
by Admin | May 11, 2021 | Uncategorized
-US planting zooming along-USDA announces more new crop corn sales to China-ADM to build soybean crush plant in ND-South Korea passes on corn tender-Brazil forecast remains mostly dry-USDA reports tomorrow The forecast for Brazilian safrinha corn areas remains mostly...
by Admin | May 11, 2021 | Uncategorized
-Brazilian 1st corn crop harvest is right in line with last year and slightly behind the 5-year average-nearing completion -Brazilian soybean crop harvest is completed