by admin | Aug 24, 2018 | Uncategorized
Row crop markets post modest bounce after 4 day decline of -17.75 cents in CZ, -28.75 cents in SX and -38.50 cents in wheat. WZ barely holding Thur low while MWZ posts new lows for the move. Soy rallies will we contained against backdrop of no resolution to...
by admin | Aug 24, 2018 | Uncategorized
Sep E-mini stock futures this morning are up +7.00 points (+0.24%) and European stocks are up +0.39% at a 2-week high as strength in energy stocks leads the overall market higher. Oct WTI crude oil is up +1.31% at a 2-week high due to dollar weakness and global supply...
by admin | Aug 24, 2018 | Uncategorized
US 0830 ET Jul durable goods orders expected -1.0% and +0.5% ex transportation, Jun +0.8% and +0.2% ex transportation. Jul capital goods new orders nondefense ex aircraft expected +0.5%, Jun +0.2%. 1000 ET Fed Chair Jerome Powell’s speech titled...
by admin | Aug 24, 2018 | Uncategorized
US/Chinese trade war expands to $50 billion and no progress is reported in trade talks Markets wait to see if Fed Chair Powell makes any consequential statements today in Jackson Hole Durable goods orders expected to show continued strength US/Chinese...
by admin | Aug 23, 2018 | Uncategorized
-Wheat sales sharply below expectations -New crop corn/soybean sales solid, old crop sales minimal -SBM sales remain strong See this post for details of this week’s USDA Export Sales data. U.S. wheat sales, for the week ended 8/16/18, were a...
