Senators from U.S. Corn states have asked to meet with President Trump as expectations that the administration will soon act to lower the regulation cost to the Oil Refining Industry. The political uncertainty will definitely impact Corn & Ethanol prices. In the overnight electronic session the May corn is currently trading at 378 ¼ which […]

We hope to have a Turnaround Tuesday after yesterday’s washout in the markets with no major news except investors and traders suffering the effects of jetlag for losing an hour and attending early St. Patrick’s Day parades. We kickoff the morning with CPI and Real Earnings at 7:30 A.M. Central followed by weekly API Energy […]

We jumpstart this day with Export Sales and Jobless Claims at 7:30 A.M., EIA Gas Storage at 9:30 A.M. and Crop Production USDA Supply/Demand at 11:00 A.M. Make no mistake about it this is a big day for the Grain complex. On the Corn front we have great movement in sales and today’s Export Sales […]

We have Factory Orders at 9:00 A.M. and API Energy Stocks at 3:30 P.M. On the Corn front prices are rising as sales increase but is still dirt cheap at these levels leaving this commodity a very attractive buy for feed and other uses. A wet spring forecasted and cheap prices versus Soybeans could reduce […]

You can talk about shale oil and rig counts all you want but you must also talk about oil in storage or the lack there of. My buddy Matt Smith, at Clipper Data, points out that home to one of the world’s largest crude storage facilities, in Saldanha Bay in South Africa, has seen its […]

This morning with start off the day with 4th Quarter GDP at 7:30 A.M. Central, Chicago PMI at 9:00 A.M., EIA Energy Stocks at 9:30 A.M. and Dairy Product Sales at 2:00 P.M. Ethan Warrick Editor wit Wealth authority, wrote a story that China the Asian Superpower has emerged as one of the top trading […]

President Trump called a meeting with key senators and Cabinet officials to discuss potential changes to the biofuels policy, which is coming under increasing pressure after a Pennsylvania refiner blamed the regulation for its bankruptcy. The meeting comes as the Oil industry and Corn lobby which are both powerful forces in Washington clash over the […]

We kickoff Washington’s Birthday with Jobless Claims at 7:30 A.M. Central Time, EIA Gas Storage at 9:30 A.M., EIA Energy Stocks at 10:00 A.M., Cold Storage Annual Report and Dairy Product Sales at 2:00 P.M. Yesterday’s FED minutes further sparked a charge in the Stock Market only to be debunked after the 5-yeat T-Note auction […]

After a long weekend we are back in the saddle today starting with Export Inspections at 10:00 A.M. But released late Friday may be the news in the big picture in today’s trading session after Commerce Secretary Wilbur Ross was quoted, “ found that the quantities and circumstances of Steel and Aluminum imports threaten to […]

Despite the recent correction in crude oil, the Saudis say they are all in when it comes to cutting production. Despite the recent stock-market inspired shake out and the surge in shale oil output, the truth is that the global oil market is going through its most significant tightening cycle in over a decade. The […]