BAL 
$61.00  0.29%  
CANE 
$13.54  0.14%  
JO 
$54.00  1.22%  
NIB 
$36.29  1.65%  
IEF 
$93.60  0.32%  
^UGA-IV 
$65.52  0.93%  
UNG 
$16.62  12.53%  
USO 
$73.20  1.08%  
FXA 
$64.87  0.03%  
FXB 
$121.58  0.08%  
FXC 
$72.41  0.10%  
FXE 
$99.94  0.09%  
FXF 
$101.17  0.21%  
FXY 
$61.67  0.13%  
UUP 
$28.02  0.11%  
CORN 
$19.25  1.64%  
SOYB 
$24.41  1.51%  
WEAT 
$5.37  0.19%  
JJC 
$19.56  1.24%  
GLD 
$187.48  0.01%  

FOMC Minutes Highlight Hesitancy to Cut.

FOMC

Minutes from Januarys’ FOMC Meeting Shows Officials Reluctant to Make Cuts Too Quickly. The recently released minutes from the Federal Open Market Committee’s (FOMC) meeting held on January 30-31 revealed that most Federal Reserve officials on the central bank’s monetary policy committee underscored the risks associated with moving too quickly to ease policy. While a […]

Oil Prices Rise, Despite Build.

Crude Oil

Crude Oil Prices Respond to Inventory Fluctuations, Shipping Challenges, Production Estimates. Crude oil prices witnessed a surge today following the Energy Information Administration’s (EIA) report, revealing a significant inventory increase of 5.5 million barrels for the week ending February 2. This notable uptick contrasts with the prior week’s build of 1.2 million barrels, which had […]

Surge in U.S. Job Openings Met with Some Skepticism.

JOLTS

Unexpected Rise Challenges Expectations In an unexpected turn of events, U.S. job openings rose in December, exceeding analyst expectations and challenging the notion of a cooling labor market. The data, released by the Labor Department on Tuesday, revealed an increase from 8.925 million in November to an impressive 9.026 million in December. This surge, coupled […]

CP2 Approval on Hold.

CP2 LNG

Biden Administration Directs DOE to Suspend Approval, Pausing Development of the $10 Billion LNG Terminal. Open a Trading Account – Paradigm Futures Pressure from Activists Prompts Policy Change. CP2 approval on hold. In a significant development potentially with far-reaching consequences for the economy and the energy market. President Joe Biden has temporarily suspended approvals for […]

Crude Oil Prices Push Higher after Inventory Draw

crude

Today’s EIA Report Shows 2.5 Million Barrel Decline. Crude oil prices saw a modest uptick today as the U.S. Energy Information Administration reported a decline of 2.5 million barrels in estimated inventory for the week ending January 12. This marks a departure from the previous week, which witnessed a moderate build of 1.3 million barrels, […]

Large Crude Draw, Overshadowed by Huge Product Build.

Crude

Today, crude oil prices declined as the Energy Information Administration reported substantial fuel inventory builds for the week ending December 29. Crude Drops for Second Straight Week to End 2023 In crude oil, the authority estimated a notable inventory decline of 5.5 million barrels for the final week of 2023. This marked a departure from […]

USDA Grain Inspections Show Sharp Decline to Begin 2024

grain export

Corn and Wheat Inspections Drop Notably for Week. During the week ending December 28, inspections for corn decreased by over 650,000 metric tons from the previous week, totaling 570,000 metric tons. Additionally, inspections for wheat and soybeans experienced declines of 187,000 metric tons and 156,000 metric tons, respectively.

📺🎥 Commodity Wide Technical Selling Has Most Markets Lower.

AgwebTV Video

Export Inspections Fade Compared to Previous Week. Commodity wide technical selling has most markets in the red.  Corn and wheat are making new lows as well as hogs.  Cattle are trading below the May chart breakout areas.  Kent Beadle, Paradigm Futures, has analysis.  Export Inspections Corn – 406,680 MT Corn export inspections have decreased by […]

Crude Builds Push Oil Lower Ahead of Major US Travel Holiday.

crude

EIA Shows Second Consecutive Large Build, as Opec Set to Meet Sunday. Crude oil prices faced downward pressure today following a substantial inventory build of 8.7 million barrels reported by the U.S. Energy Information Administration for the week ending November 17. This stark increase contrasted with the 3.6 million barrels added the previous week (ending […]