Currently viewing the tag: "Daniel Flynn"

Crazy weather in the U.S. which has slowed rail shipments to exporting terminals is leading to China to cash in on the demand and capitalizing on shortages of U.S. tender in the Japan and South Korean markets. Even though these are not large percentages at the moment but the key fundamental support in the U.S. […]

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With the Ethanol conference in San Diego this week President Trump wrote a letter assuring the industry of his beliefs of the importance of renewable fuels to America’s economy and is working to change the regulatory burden and reiterated that Greg Pruitt as the new head of the Environmental Agency (EPA) and senior advisor Carl […]

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Yesterdays continued positive exports helped the Corn market to settle higher on the day closing close to the highs. It was not a fantastic rally but it showed how the exports are supporting this market as investors look to sell any substantial rally. In the overnight electronic session the March contract is currently trading at […]

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Export Inspections delayed a due to the Presidents Day holiday will be released at 10:00 A.M. and Milk Production at 2:00 P.M. March Crude Oil expires and we have earnings Home Depot, Macy’ and Wal-Mart. In the overnight electronic session the March Corn is currently trading at 369 ¼ which is 1 cent higher. The […]

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It seemed like only yesterday or in reality last week the Copper market was flying and one of the three components of that rally was China’s participation creating euphoria that was quintessential to the winds in the sails buoyancy to bulls in the marketplace. Even with the Chinese New Year and Golden Week every investor […]

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This morning we start the day with weekly Export Sales, Housing Starts & Permits and Initial Jobless Claims at 7:30 A.M. and the EIA Gas Storage at 9:30 A.M. On the Grain front the market rallied yesterday with rains in South America which gave the complex a reason to rally after the last USDA Supply/ […]

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Do we forget or just not remember the past five reports that showed builds in Crude Oil and Products? Did we forget the Saudi flooding of the market to put the U.S. Shale Producer out of business? Did we forget the Saudi’s overplayed their hand and want to put the market and global economies and […]

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Asian Stock markets were lower while the U.S. Stock market prepares for Capitol Hill testimony from Federal Reserve Chairwoman Janet Yellen. The last few weeks she had dovish comments but certain Bond traders expect her testimony to be hawkish which could be a negative in the short-term of the Trump rally. Analysts anticipate if the […]

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Severe weather has slowed rail deliveries if not a complete halt of crops to shippers in the U.S. Pacific Northwest, sending freight rates soaring out of sight and out of mind prompting Asian buyers to seek fill-in loads as they wait for the backlog to clear. BSNF Railway Co., shutdown rail service between Shelby and […]

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Yesterday’s Crop Production USDA Supply/Demand data showed no shocking surprises to investors. Ethanol usage and demand continues to climb just as the Corn stalks and not Jack and the Bean stalk. And with record production predicted yet again this year at least we have record exports even with China currently on the sidelines not being […]

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Reuters reported Brazil’s 2016-17 Soybean crop will reach a record 104.7 million tonnes, favored by good weather as the harvest intensifies in important growing regions. This news comes before today’s report with traders looking to sell any strength in the Soybeans. Depending what is reported on global stocks, the cat may have already left the […]

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The American Petroleum Institute (API) last night released data of builds of 14.2 million barrels of Oil in one week. I do not know where they get their information but it may have created a golden buying opportunity as the market held support of this shocking news. This mornings Energy Information Administration (EIA) may paint a […]

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