-CFTC COT data reveals sizable fund net short in corn - record KCBT wheat short
-Malaysia Feb palm oil stocks larger than expected
-Algeria tenders for wheat
-Wet week ahead for the U.S.* Malaysia reported end of February palm oil stocks were 3.045 MMT, above the average trade estimate of 2.952 MMT, up from January’s 3.001 MMT and solidly above year ago February stocks of 2.476 MMT. Palm oil futures were modestly lower overnight on the higher than expected stocks data. February palm oil production of...
#Grain #Futures Comments -Brazil lowers soybean crop estimate - warns of possibly more to come -Brazil raises corn area/crop estimates -EU solidifies deal to allow Argentine biodiesel imports -EPA pushes to get E15 rule in place - may sacrifice RIN reform -Algeria tenders for wheat, S. Korea buys corn but unlikely US
Soybeans rebounded a bit overnight following yesterday’s sell-off, being at least partially supported by CONAB’s...To Continue reading, click link below... http://ccstrade.com/blog
-USDA Ag Secretary expects resumption of some Chinese soybean buying around Jan 1 -No USDA sales announcements -Ukraine says Azov Sea grain exports resumed -EIA ethanol data/USDA Export Sales delayed one day -Algeria tenders for Argentine corn/SBM... To Continue reading, click link below... http://ccstrade.com/blog