News is sparse on this eve of the Christmas holiday weekend. However, no one really cares about that or markets today, so perhaps a Christmas wish list is appropriate.Markets closed an hour early today on the eve of the Christmas holiday weekend. News is sparse, but no one really cares about that or markets today, so perhaps a Christmas wish list is appropriate. Below is mine:
A new export terminal on the west coast of Canada (Oh wait, Canada’s G3 Holding has already announced that it will build a new grain export terminal at Port Metro Vancouver, BC by 2020. G3 is the remnants of the Canadian Wheat Board in partnership with Bunge and Saudi Arabian company SALIC. See the following link for the entire story: http://www.dailymail.co.uk/wir...
What You Need to Know Today: After a period of limited activity, USDA reported a sizeable 613 KMT in soybean export sales, including 330 KMT to China and 283 KMT to unknown destinations, potentially also China. The purchases represent a meaningful pickup in demand and bring China closer to ful...
Key Takeaways: Consumer spending is a key driver of the U.S. economy, and the latest retail sales data indicate that spending remains robust despite inflation. In September, total retail and food service sales rose more than 6 percent year-over-year, with food service spending up 7 percent and...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
