Posts by: Daniel Flynn

Italy voted No and delivered another blow to the future of the E.U. And the rescue plan for Italian bank Monti dei Pascha di Sienna was rated the weakest lender in the European stress test this summer. The world’s oldest bank needs to raise 46 billion Euros of bad loans by the end of the […]

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As the seismic change in the Energy markets after the OPEC agreement and the Stock Market rolling the market is looking to take an exhausted breather. And being the first Friday of the month we wait for the release of Unemployment data. The pullback should create another buying opportunity but we should brace for The […]

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A breaking story publish by Argemone yesterday right after the announcement of the OPEC production cut told a story the Agriculture markets, thanks to innovations such as drones, “on the brink” of an information revolution that could fill the information gap in notable regions such as the Black Sea and this information will translate to […]

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Discretion is the better part of valor. Last night’s weekly API inventories showed draws in Crude Oil stocks of 700 thousand barrels. And close to the finish line OPEC ministers are hinting an output deal is on the table and is close to a reality in the meeting in Vienna. This has the market regurgitating […]

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Crude Oil futures are down sharply in contrast of this OPEC non-OPEC agreement or non-agreement. Iraq’s oil minister Jabar Ali al-luabi seems to want to jabber jaw than reach an agreement which is the best interest of his country a OPEC as a whole. If an agreement is not reached with OPEC and non-OPEC countries the […]

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The Saudi’s pulled back from an early meeting with non-OPEC countries (Russia) which raised eyebrows in which I believe is nothing more than a tactical move. Analyst also believe that the Saudi move was intended to put pressure on Iran to agree to a freeze. Both Iran and Iraq are seen as potential blockers of […]

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I was granted a pardon unlike the Turkey I will devour tomorrow and will not write a report on Friday. As we pack it in tomorrow, Thanksgiving Eve does not hesitate or wait in the markets. Reports are abundant today whether or not pushed up so we can enjoy our custom of giving thanks to […]

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Earnings and a lineup of reports starting with Existing Home Sales at 9:00 A.M., Cold Storage at 2:00 P.M. and API Energy Stocks at 3:30 P.M. In the overnight electronic session the December Corn is currently trading at 347 ¾ which is 2 cents lower. The trading range has been 350 ¼ to 347 ¼. […]

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Vice Chair of the Federal Reserve Stanley Fischer will speak today we have also have weekly Export Inspections and Crop Progress reports as well. Tyson Chicken earnings, Last Trading Day December Crude Oil and First Notice Day on December Coffee/ We will cover a lot of ground this shortened holiday week. On the Corn front […]

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Janet Yellen hawkish comments setting the table for a December Interest Rate hike and the market responded accordingly coming off highs posted earlier in the trading session. On the Corn front in the overnight electronic session the December Corn is currently trading at 342 ½ which is a ½ of a cent higher. The trading […]

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Saudi Energy Minister Khalid al-Falih spoke in an upbeat mode that OPEC will reach a production cut agreement in Vienna November 30th. These comments came after the Crude Oil market was on the threshold of $40 a barrel. The actual low was 4220. Any coincidence? The cartel knows that oil prices at $40 a barrel […]

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Weather forecasters are calling for more seasonable temperatures this weekend and fears of drought in Kansas and Oklahoma which are major Winter Wheat growing states. This could be a game changer in Grain prices as we should be close to a bottom. In the overnight electronic session the December Corn is currently trading at 342 […]

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