USDA Grain Inspections Show Sharp Decline to Begin 2024
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.
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.
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 […]
October CPI Inflation Stays Flat, Year over Year Cools.
Markets Rally on Speculation of a FED Pivot. October CPI report, the U.S. Bureau of Labor Statistics announced that the Consumer Price Index for All Urban Consumers (CPI-U) held steady on a seasonally adjusted basis, following a 0.4 percent increase in September. Over the past 12 months, the all items index saw a 3.2 percent […]
FOMC: Federal Reserve Holds Steady
Federal Reserve Holds key interest rate at 5.25-5.5% Amid Economic Growth and Inflation Concerns The Federal Reserve has chosen to keep interest rates unchanged, continuing its measured approach to monetary policy. The move comes as the central bank grapples with the challenge of taming inflation. The Federal Open Market Committee (FOMC) opted to maintain the […]
FOMC: FED Announcement Preview.
Federal Reserve Expected to Maintain Interest Rates Amidst Geopolitical Uncertainty. The Federal Open Market Committee (FOMC) conceived it’s crucial two-day meeting today, culminating in the release of the Federal Reserve’s policy statement and a highly anticipated press conference with Fed Chair Jerome Powell. While market sentiment remains steadfast in its expectation that interest rates will […]
October USDA WASDE
USDA’s Crop Production Report: Corn, Soybeans, and Wheat Outlook Grain Market & Commodity Futures News – Paradigm Futures Corn: Soybeans: In the latest report from the United States Department of Agriculture (USDA), adjustments to crop production and ending stocks have been made for corn, soybeans, and wheat. These changes are significant factors in the agricultural […]
Certainty, Uncertain… Traders, Producers and the World Brace for the Future as Oil Fluctuates.
EIA Energy StocksCrude Inventories Up ⬆️10.2M bblDomestic prod: 13.2MMbpd Gasoline Down ⬇️1.3M bblImpld demand: 8.58MbpdDistillates Down⬇️1.8M bblSPR 🚫 No ChangeRefiner utilization: 85.7% Energy Market, Prices, & Industry News Today – Paradigm Futures Crude Inventories See Substantial Increase. In a market that is ever-sensitive to inventory fluctuations and global events, the Energy Information Administration (EIA) recently reported […]
USDA Grain Export Inspections Report – Soybeans, Corn, and Wheat
Soybean Inspections see increase after USDA “Data Glitch” Grain Market & Commodity Futures News – Paradigm Futures In the latest weekly report on agricultural export inspections, we see significant developments in the export trends for soybeans, corn, and wheat. These updates shed light on the current state of the market and the outlook for the […]
Jobs Report: Full Breakdown, Beyond the headline.
U.S. Nonfarm Payroll Employment Rises by 336,000 in September The U.S. Bureau of Labor Statistics reported a noteworthy increase in nonfarm payroll employment, rising by 336,000 in September. The unemployment rate held steady at 3.8 percent. Job gains were observed in several sectors, including leisure and hospitality, government, health care, professional, scientific, and technical services, […]
