With the exception of global wheat ending stocks at the end of the 2020/21 crop year, which, without question were bearish, the rest of the numbers on the June production and supply/demand report were not significant. Yes, the USDA seems to be the lone holdout in not reducing corn and…
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With the exception of global wheat ending stocks at the end of the 2020/21 crop year, which, without question were bearish, the rest of the numbers on the June production and supply/demand report were not significant. Yes, the USDA seems to be the lone holdout in not reducing corn and…
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Yesterday afternoon, Fed Chairman Jerome Powell delivered a rather gloomy forecast for the U.S. economy for the next couple of years. This, in turn, appears to have burst the bubble in the equity markets that has recently been inflated by ideas of a V recovery and, more recently, a jobs…
Daily Comments
Yesterday afternoon, Fed Chairman Jerome Powell delivered a rather gloomy forecast for the U.S. economy for the next couple of years. This, in turn, appears to have burst the bubble in the equity markets that has recently been inflated by ideas of a V recovery and, more recently, a jobs…