by Admin | May 11, 2021 | Uncategorized
Date Time Event Period Survey Prior5/11/2021 12:00 STEO Current Yr Crude Forecast May — 11.045/11/2021 12:00 STEO Fwd Yr Crude Forecast May — 11.865/11/2021 12:00 STEO Curr Yr Dry Nat Gas Forecast May — 91.415/11/2021 12:00 STEO Fwd Yr Dry Nat Gas...
by Admin | May 11, 2021 | Uncategorized
-Corn planting 67% complete vs 67% expected (62-71% range of ideas), 46% last week, 65% last year, 52% average-Soybean planting 42% complete vs 40% expected (36-46% range of ideas), 24% last week, 36% last year, 22% average-Winter wheat conditions 49% good/excellent...
by Admin | May 11, 2021 | Uncategorized
Inflation focus again sinks stocksTreasury kicks off refunding operation Inflation focus again sinks stocks — U.S. stocks sank again on Monday on continued concerns that the Fed might be forced into QE tapering and a rate hike sooner than currently...
by Admin | May 11, 2021 | Uncategorized
US 1000 ET Mar JOLTS job openings expected +133,000 to 7.500 million, Feb +268,000 to 7.367 million.1030 ET New York Fed President John Williams (voter) gives a speech to a virtual event hosted by the Alternative Reference Rate Committee.1200 ET Fed Governor Lael...
by Admin | May 10, 2021 | Uncategorized
-Corn exports within expectations – continue to run above “needed” pace-Soybean exports within expectations – maintain “needed” pace-Wheat exports towards upper end of expectations – again larger than “needed” pace...
by Admin | May 10, 2021 | Uncategorized
While 22-Apr’s bullish divergence in momentum above 15-Apr’s 13.17 high confirmed the entire Jan-Apr sell-off attempt in the May contract as a 3-wave and thus corrective affair, that day’s explosion in the soon-to-become-prompt Jul contract above its...
by Admin | May 10, 2021 | Uncategorized
-USDA reports China old crop corn cancellation/another large new crop sale-Malaysian palm oil stocks higher than expected-US temps to warm/good weekend rains-Brazilian forecast remains mostly dry-USDA reports Wednesday The forecast for Brazilian safrinha corn areas...
by Admin | May 10, 2021 | Uncategorized
Date Time Event Period Survey Prior5/10/2021 11:00 Export Inspections – Corn 6-May — 2139.085/10/2021 11:00 Export Inspections – Soybeans 6-May — 143.425/10/2021 11:00 Export Inspections – Wheat 6-May — 509.935/10/2021 16:00 Crop...
by Admin | May 10, 2021 | Uncategorized
Weekly global market focusWeak U.S. payroll report reduces QE tapering concerns U.S. Covid infections fall to 7-month lowQ1 earnings season winds down Weekly global market focus — The U.S. markets this week will focus on (1)...
by Admin | May 10, 2021 | Uncategorized
US 1400 ET Chicago Fed President Charles Evans (voter) discusses the economic outlook at a virtual event hosted by the Society for Advancing Business Editing and Writing.EUROZONE 0430 ET Eurozone May Sentix investor confidence expected +1.9 to 15.0, Apr +8.1 to...