Wednesday, February 17, 2016


Perspective: Morning Commentary, 02/17/2016

Wednesday, February 17, 2016

February 17 – Crude oil posts modest gains this morning, despite bearish news from Iran. Iran’s representative to OPEC reportedly stated it would be “illogical” for Iran to participate in a production freeze. This makes an agreement unlikely without concessions to Iran to allow them to ramp up... Learn More →


Wheat Report, 02/17/2016

Wednesday, February 17, 2016

The short-covering rally yesterday took wheat 6 cents higher, following the large short fund positions. Weekly export inspections were 384 TMT for all wheat, a decline from LW and LY. All wheat is 2% behind the pace to reach the USDA estimate mainly due to HRS trailing 7% behind pace, but HRW and... Learn More →


Morning Grain Comments, 02/17/2016

Wednesday, February 17, 2016

The U.S. dollar index is steady this morning after its recent rally, which soybeans have paid no heed to anyway; the grains are effectively trading a Tuesday session during this short holiday week, with corn barely moved (less than a one-cent range across the complex!) despite decent overnight... Learn More →


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Wednesday, February 17, 2016

General Market News · Australia dairy exports up 3.2% year to date (July-Dec) · Oceania Banks feel the pain of the dairy downturn http://goo.gl/QEMjri · China’s central bank injects another 10 billion yuan into banking system · OPEC chief to meet Iran, Iraq oil ministers for production talks... Learn More →