From the monthly archives: June 2024

Good Morning! We kickoff the day with Export Prices MoM & YoY and Import Prices MoM & YoY at 7:30 A.M., Michigan Consumer Sentiment Prel, […]

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It’s Flag Day today and what better day to point out that OPEC called a penalty flag on the International Energy Agency IEA calling their […]

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We kickoff the day with Export Sales, PPI MoM & YoY, Core PPI MoM & YoY, Initial Jobless Claims, Continuing Jobless Clams, Jobless Claims 4-Week […]

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Fed Chair Jerome Powell single handedly smashed global metal markets after the Fed showed concerns about sticky inflation yet after a soft CPI and the […]

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Commodity price volatility is exploding after the Fed disappoints. Some markets including the petroleum markets, even after the soft inflation reading, oet confused after an […]

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AgMaster Report 06/12/2024

On June 12, 2024 - 9:27 AM By

JULY WHT July Wht continues its roller-coaster ride – breaking $1.00 off winter wht harvest pressure, ideas of a bumper crop & rain forecast for […]

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Many years ago, when I first got into the commodity business, I had my share of what I used to think of as old codgers […]

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We kickoff the day with MBA 30-Year Mortgage Rate, MBA Mortgage Applications, MBA Mortgage Market Index, MBA Mortgage Refinance Index, and MBA Refinance Index at […]

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The IEA has a dream to cope with anything. If they see the wonder, of a fairy tale, they can take the future, even if […]

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Grains Report 06/11/2024

On June 11, 2024 - 10:08 AM By

DJ USDA Grain Inspections for Export in Metric Tons – Jun 10
WA_GR101
Washington, DC Mon Jun 10, 2024 USDA Market News
[…]

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Softs Report 06/11/2024

On June 11, 2024 - 9:28 AM By

COTTON
General Comments: Cotton was lower yesterday as growing conditions are good and demand is not. USDA said that 60% of the US crop […]

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Oil prices had its best day in two months as the market got over its OPEC cut “taper tantrum”.  The market seemed to awaken to […]

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