From the daily archives: Thursday, May 11, 2017

[Daniel J. Graeber, UPI] There may be signs of a long-awaited market balance, but it depends on who you ask. Crude oil prices moved into short-term recovery mode early Wednesday after industry data showed U.S. oil inventory levels are on the decline. Crude oil prices came under pressure Tuesday after the U.S. Energy Information Administration […]

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Post-May Crop Report 05/11/17

On May 11, 2017 - 1:06 PM By

Larger S. American crops impact corn & soybeans in different years. Market analysis report from Senior Grain Strategist Jerry Gidel. View report by clicking here (PDF). Jerry Gidel 141 West Jackson Blvd., Suite 1340A, Chicago, Illinois 60604
312 264 4369 (Direct) | 800 769 7021 (Main) | 312 264 4399 (Fax)
www.pricegroup.com Member […]

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Morning Softs. 05/11/17

On May 11, 2017 - 12:06 PM By

USDA Report: Summary For U.S. Agriculture Supply, Demand
WASHINGTON–The following are key numbers from USDA’s crop report Wednesday
and how the government’s estimates compared to analysts’ forecasts in a
Wall Street Journal survey.
U.S. Corn, Soybean Production (million bushels)
Wednesday’s
Estimate Average Range USDA 2016
Corn 14,065 14,204 […]

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Morning Grains. 05/11/17

On May 11, 2017 - 11:40 AM By

USDA Report: Summary For U.S. Agriculture Supply, Demand
WASHINGTON–The following are key numbers from USDA’s crop report Wednesday
and how the government’s estimates compared to analysts’ forecasts in a
Wall Street Journal survey.
U.S. Corn, Soybean Production (million bushels)
Wednesday’s
Estimate Average Range USDA 2016
Corn 14,065 14,204 […]

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After yesterday’s USDA Grain report there is nothing to report here. Do not mind that man behind the curtain there is nothing to see here. The numbers were very disputable but as a trader and devil’s advocate on Crude Oil prices we will eventually come back to reality and the Free Markets will wake up […]

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Crude oil is leading the rest of the commodity complex out of the abyss as Energy Information Administration (EIA)data seemed to fly in the face of the bearish oil narrative. Even as U.S. oil production increased yet again and more oil was released from the Strategic Petroleum Reserve, old supplies fell. We also saw a […]

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