From the daily archives: Thursday, July 13, 2017

Wheat supplies were slightly higher, but Weather now rules View report by clicking here (PDF). Jerry Gidel 141 West Jackson Blvd., Suite 1340A, Chicago, Illinois 60604
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www.pricegroup.com Member NIBA, NFA Past results are not necessarily indicative of future results. […]

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Morning Grains. 07/13/17

On July 13, 2017 - 11:13 AM By

DJ USDA Report: Summary for U.S. Agriculture Supply, Demand Report
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. 2017 Production, Yield (million bushels, bushels per acre)
Wednesday’s
Estimate Average Range USDA […]

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Morning Softs. 07/13/17

On July 13, 2017 - 9:34 AM By

DJ USDA Report: Summary for U.S. Agriculture Supply, Demand Report
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. 2017 Production, Yield (million bushels, bushels per acre)
Wednesday’s
Estimate Average Range USDA […]

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Financials: Sept. Bonds are currently 4 higher at 152’29, 10 Yr. Notes 1.5 higher at 125’18 and the 5 Yr. Note 0.5 lower at 117’27.5. Testimony by Fed Chairwoman Yellen yesterday indicated that the Fed would take a moderate to soft path when it comes to raising rates and trimming the Fed’s balance sheet by […]

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This morning we kick off the day with Export Sales, Initial Jobless Claims, and PPI at 7:30 A.M. followed by the weekly EIA Gas Storage at 9:30 A.M. and the last day of Janet Yellen speaking. Yesterday’s Grain report was lackluster at best where many investors were glum as they were expecting a more bullish […]

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Off Balance. The Energy Report 07/13/17

On July 13, 2017 - 8:23 AM By

Despite a record drawdown from US oil inventories and the fact that Saudi exports to the US are at a 30 year low, the International Energy Agency (IEA) is backtracking their prediction of a global oil market rebalancing because of an increase in OPEC oil production. This comes as the agency, famous for underestimating demand, […]

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