Tuesday, March 30, 2021 12:36 PM EDT
We started off the day with Redbook MoM & YoY (27/Mar) at 7:55 A.M., Fed Quarles Speech, S&P/ Case-Shiller Home Price YoY & MoM (JAN), House Price Index MoM & YoY (JAN) at 8:00 A.M., Consumer Confidence (MAR) at 9:00 A.M., 119-Day & 42-Day Bill Auction at 10:30 A.M., Fed Bostic Speech at 11:00 A.M., Fed Williams Speech at 1:00 P.M. and the API Energy Stocks at 3:30 P.M.
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On the Corn Front it has been quiet. The Wall Street Journal reported that drivers are back on the road and that is good news for corn growers. Make no mistake about this is good for the energy sector as well.
Remember when the U.S. was a net exporter of crude oil? Let’s hope and pray it goes to the U.S. farmer where I expect and hope to export more. As long as we don’t get into government regulation. FREE MARKETS FOR FREE MEN. Now we look at weather across the globe and understand this is not your Dad’s Pontiac. There is little to none in carryover stocks. I expect the corn & ethanol markets to move way higher!
Unless it is manipulated and regulated by the new administration.
Disclaimer: A Subsidiary of Price Holdings, Inc. – a Diversified Financial Services Firm. Member NIBA, NFA Past results are not necessarily indicative of future results. Investing in ...
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Disclaimer: A Subsidiary of Price Holdings, Inc. – a Diversified Financial Services Firm. Member NIBA, NFA Past results are not necessarily indicative of future results. Investing in futures can involve substantial risk of loss & is not suitable for everyone. Trading foreign exchange also involves a high degree of risk. The leverage created by trading on margin can work against you as well as for you, and losses can exceed your entire investment. Before opening an account and trading, you should seek advice from your advisors as appropriate to ensure that you understand the risks and can withstand the losses. The information and data in this report were obtained from sources considered reliable. Their accuracy or completeness is not guaranteed and the giving of the same is not to be deemed as an offer or solicitation on our part with respect to the sale or purchase of any securities or futures. The Price Futures Group, its officers, directors, employees, and brokers may in the normal course of business have positions, which may or may not agree with the opinions expressed in this report. Any decision to purchase or sell as a result of the opinions expressed in this report will be the full responsibility of the person authorizing such transaction. Reproduction and/or distribution of any portion of this report are strictly prohibited without the written permission of the author. Trading in futures contracts, options on futures contracts, and forward contracts is not suitable for all investors and involves substantial risks.
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