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Calls: Soybeans up 3-5 cents, corn up 4-5 cents and wheat steady to 2 higher. We made large revisions to soybean and corn production.
QPF 7-day Precipitation Forecast
Bloomberg Ag Calendar
MONDAY, August 24:
- USDA weekly corn, soybean, wheat export inspections, 11am
- U.S. crop conditions for soybeans, corn, cotton; wheat harvesting progress, 4pm
- Monthly MARS bulletin on crop conditions in Europe
- EU weekly grain, oilseed import and export data
- Brazil Unica sugar production, cane crush (tentative)
- U.S. cold storage data for pork and beef, poultry slaughter, 3pm
- Ivory Coast cocoa arrivals
- EARNINGS: IOI Corp, FGV
TUESDAY, August 25:
- China customs publishes country-wise soybean and pork import data
- Malaysia palm oil export data for August 1-25
WEDNESDAY, August 26:
- EIA U.S. weekly ethanol inventories, production, 10:30am
THURSDAY, August 27:
- USDA weekly crop net-export sales for corn, soybeans, wheat, cotton, pork, beef, 8:30am
- International Grains Council monthly report
- Port of Rouen data on French grain exports
- EARNINGS: Sime Darby Plantation
FRIDAY, August 28:
- ICE Futures Europe weekly commitments of traders report, 1:30pm (6:30pm London)
- CFTC commitments of traders weekly report on positions for various U.S. futures and options, 3:30pm
- FranceAgriMer weekly update on crop conditions
- U.S. agricultural prices paid, received, 3pm
Source: Bloomberg and FI
USDA inspections versus Reuters trade range
Wheat 569,593 versus 400000-600000 range
Corn 892,031 versus 800000-1150000 range
Soybeans 1,150,832 versus 600000-1250000 range
GRAINS INSPECTED AND/OR WEIGHED FOR EXPORT
REPORTED IN WEEK ENDING AUG 20, 2020