Wednesday, February 03, 2016


Perspective: Midday Commentary, 02/03/2016

Wednesday, February 03, 2016

February 3 – The U.S. dollar index collapsed this morning, dropping thus far to a low of 97.420, down more than 1,400 points and trading to its lowest level since it posted a low of 97.190 on December 15. A violation of that day’s low would leave the greenback vulnerable to a much more substantial... Learn More →


Perspective: Morning Commentary, 02/03/2016

Wednesday, February 03, 2016

February 3 – The big report on the U.S. calendar this week is the monthly employment summary scheduled to be released on Friday. Expectations going into the report are for it to show that the non-farm payroll rose by 188,000 jobs in January, down from 292,000 the previous month as the economy... Learn More →


Wheat Report, 02/03/2016

Wednesday, February 03, 2016

Overnight trade continued the sideways pattern for wheat, after a mixed close on Tuesday. Fund buying led to gains early, but a late sell-off surfaced ahead of the close. Egypt’s Ag Ministry said it will accept wheat shipments with 0.05% ergot, reversing the zero-tolerance policy, and taking a... Learn More →


Morning Dairy Comments, 02/03/2016

Wednesday, February 03, 2016

General Market News · ***Dairy Products Report this afternoon*** · Yahoo to cut 15% of staff and explore sale options · US crude supplies up 3.8 million barrels, prices back below the $30 mark · Bank of Japan minutes show internal split on stimulus · Nikkei down 3.2% overnight as sharp losses... Learn More →


Morning Grain Comments, 02/03/2016

Wednesday, February 03, 2016

Wheat can’t get out of its own range lately but corn and beans have preferred the positive side so far this month; that coincides with a reversed US$ trend since the end of Jan as well. It’s not looking good for any bulls hoping for further South American weather/production support, though. South... Learn More →