From the daily archives: Tuesday, May 23, 2017

[Myra Saefong, MarketWatch] 2018 budget proposal includes 10-year sale of 270 million barrels of reserve oil. At a time when major oil producers have been struggling to ease a global glut of crude supplies, the Trump administration has proposed the sale of nearly half of the oil from the U.S. Strategic Petroleum Reserve under its […]

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The Windy City Trader. 05/23/17

On May 23, 2017 - 1:15 PM By

With Memorial Day approaching next week I for one offer my greatest thanks and gratitude to all of our military personal past, present and future and pray for their sacrifice and safety on this coming Memorial Day and always. I guess 18 year olds in past generations weren’t allowed the luxury of “safe spaces” to […]

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Morning Grains. 05/23/17

On May 23, 2017 - 1:10 PM By

DJ USDA Grain Inspections for Export in Metric Tons – May 22
COUNTRY OF DESTINATION IS REPORTED AS KNOWN AT THE TIME OF EXPORTATION.
INFORMATION CONTAINED IN THIS REPORT REFLECTS EXPORTED GRAIN INSPECTED AND
WEIGHED THROUGH GIPSA’S AUTHORITY UNDER THE U.S. GRAIN STANDARDS ACT.
NO ADDITIONAL ANALYSIS, COMPILATIONS OR DATA IS […]

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Morning Softs 05/23/17

On May 23, 2017 - 1:07 PM By

Crop Progress
Date 21-May 14-May 2016 Avg
Cotton Planted 52 33 45 50
Corn Planted 84 71 84 85
Corn Emerged 54 31 58 55
Soybeans Planted 53 32 53 52
Soybeans Emerged 19 8 20 21
Sorghum Planted 37 32 36 41
Rice Planted 91 83 […]

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Oil prices came off the year high after a terror attack in England and as President Donald Trump continues to make history on his Middle East trip. First, President Trump cut a slew of business deals with Saudi Arabia and then he opened the door with a peace plan in Israel when he went to […]

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The Crop Progress and Condition report failed to sway the bears into any short covering even with the heavy short positions the carry. Even with predictions of further wet and cool spring which may reduce acreage and yields. In the overnight electronic session the July Corn is currently trading at 372 ¼ which is 2 […]

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[Ship & Bunker] “I wouldn’t be surprised if the do something to wow the market.” Phil Flynn, Senior Analyst, PRICE Futures Group. Read Article: https://shipandbunker.com/news/world/873390-oil-prices-rise-as-talk-of-longer-deeper-cutback-consensus-grows

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