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The Suez Canal is still clogged up, cutting off circulation to the global oil market. The MV Ever Given container ship is still stuck blocking […]

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We start off the day with Corporate Profits QoQ (Q4) Export Sales GDP and Jobless Claims at 7:30 A.M., Fed Clarida Speech at 9:10 A.M., […]

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Grains Report 03/24/2021

On March 24, 2021 - 9:28 AM By

WHEAT
General Comments: Winter Wheat markets were higher with Chicago SRW leading the gains. Speculators appeared to be the best buyers. It has been […]

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Softs Report 03/24/2021

On March 24, 2021 - 9:25 AM By

COTTON
General Comments: Futures were a little lower on speculative selling tied to a weaker US stock market and demand fears due to the […]

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Exhausted. The Energy Report 03/24/2021

On March 24, 2021 - 7:19 AM By

The sharp selloff in oil looks exhausted and the fact that German manufacturing data blew away expectations is one factor that eases the oil demand […]

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We start off the day with MBA Mortgage Applications (19/Mar) and MBA 30-Year Mortgage Rate (19/Mar) at 5:00 A.M. Durable Goods Orders MoM (FEB), Durable […]

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Grains Report 03/23/2021

On March 23, 2021 - 12:06 PM By

WHEAT
General Comments: Winter Wheat markets were mostly a little lower but SRW closed a little higher. Speculators appeared to be the best buyers. […]

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Weekly Ag Markets Update – 03/23/2021

On March 23, 2021 - 11:17 AM By

Wheat:  Winter Wheat markets were lower on fund and other speculator selling tied in part to the stronger US Dollar.  Minneapolis closed a little higher […]

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Softs Report 03/23/2021

On March 23, 2021 - 11:06 AM By

COTTON
General Comments: Futures were a little lower in consolidation trading. The chart trends are down on the daily charts. The US Dollar was […]

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Oil prices look like they are on a quest to retest key Bollinger band support. Yesterday’s unconvincing rally led the market bulls less confident that […]

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We start off the day with U.S. Current Account at 6:30 A.m., Redbook MoM and YoY (20/Mar) at 6:55 A.M., Fed Bullard Speech at 7:00 […]

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