Tropical Storm Isaias (the ninth named storm, a record this early into the North Atlantic hurricane season) combined with an oppressive heatwave across much of the eastern U.S. to slow EIA natural gas stock build to a nominal 26 billion cubic feet (bcf) build [...]
Former Ivorian president Laurent Gbagbo has applied for a passport so he can visit Ivory Coast, according to a statement by his lawyer reported by CGTN. Gbagbo, ousted after refusing to recognize an election won by current president Alassane Ouattara in 2010, was acquitted [...]
Since March’s onset of shelter-in-place orders, an uptick in consumption may be supporting CBD prices. In a Brightfield Group survey of 5,000 CBD consumers, nearly 40 percent reported increased use during the pandemic. However, higher consumption seems unable to keep up with the growing [...]
USDA’s July milk production report showed a continued decline in the nation’s dairy herd as the 24-state dairy total fell by 9,000 head. With the spring flush now over and summer heat curbing milk output, farmers have fewer incentives to keep marginal producers within [...]
Tensions between the U.S. and China continued as the U.S. demand for the closure of China’s Houston consulate was met with a retaliatory demand for the closure of the U.S.’s Chengdu consulate. Amidst the friction, China purchased a hefty volume of U.S. soybeans last [...]
Broiler hatches during the month of June totaled 828.3 million chicks, up 3 percent from May and nearly the same count as a year ago. Broiler eggs in incubators as of Jul. 1, at 700.5 million eggs, were up almost 1 percent year over [...]
On Tuesday Jul. 14, Oct-20 #11 hit a six-week low with a close at 11.32. The contract rebounded to longer-term retracement resistance above 11.80 the next day but failed tests of higher levels, turning instead to a four-session decline to retracement resistance below 11.65. [...]
As of Jul. 16, Argentina’s corn harvest was over 90 percent complete. Production is still forecast at 50 MMT by both USDA and Bola de Cereales. Weekly Argentine corn exports reached a calendar year high in late June of over 1.9 MMT but have [...]
