From the monthly archives: August 2023
We kickoff the day with Durable Goods Orders MoM, Chicago Fed Activity Index, Durable Goods Orders Ex Transportation MoM, Initial Jobless Claims, Jobless Claims 4-Week […]
Continue Reading →Oil prices had a rough go on reports that the White House, desperate to fill a growing diesel supply gap by lifting sanction on their […]
Continue Reading →WHEAT
General Comments: Winter Wheat markets were higher yesterday, but Spring Wheat closed lower despite the unexpected drop in crop condition reported by USDA […]
COTTON
General Comments: Cotton closed a little higher yesterday on reports of stressful conditions for US Cotton production. Ideas are around that Chinese economic […]
NOV BEANS Nov Beans added a 50 cent weather premium – in advance of the brutal hot spell currently engulfing the Central Farm Belt – […]
Continue Reading →We kickoff the day with MBA Mortgage Refinance Index, MBA Purchase Index, and MBA Mortgage Applications at 6:00 A.M., S&P Global Composite PMI Flash, S&P Global […]
Continue Reading →There is a report oil will again flow through via Ceyhan pipeline, resuming Northern Iraq oil exports. Also reported is that Iran’s oil output will […]
Continue Reading →DJ USDA Grain Inspections for Export in Metric Tons – Aug 21
WA_GR101
Washington, DC Mon Aug 21, 2023 USDA Market News
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COTTON
General Comments: Cotton closed lower yesterday on ideas are around that Chinese economic data implies less US cotton demand for the coming year. […]
Policies matter. Government spending matters and an ill-conceived, short sighted, politically motivated energy transition hurts the economy and is a major factor in increasing inflation. […]
Continue Reading →We kickoff the day with Fed Barkin Speech at 6:30 A.M., Redbook YoY at 7:55 A.M., Existing Home Sales, Existing Home Sales MoM, Richmond Fed Manufacturing Index, […]
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Softs Report 08/24/2023
DJ USDA Cold Storage: Totals-Aug 23
Continue Reading →WASHINGTON (Dow Jones)==U.S. stocks of pork bellies in freezers
totaled 51.774 million pounds, in July, 26.0% below […]