Archive for June 2018

Soybeans Futures Search for a Reason to Bounce

Note: Green bars indicate Trump administration announcements on trade Source: CNBC.com But after a dramatic price collapse, bargain hunters came into the market and began buying soybean futures and pushing prices back up.  Last week, July soybean settled at 896.5, up more than 6% from the previous Tuesday when soybeans hit a nine year low…

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USDA Report Highlights Benefits of Tax Cuts and Jobs Act for Farmers

USDA

(Washington, D.C., June 28, 2018) – U.S. Secretary of Agriculture Sonny Perdue today highlighted a new report showing the positive impacts of President Trump’s Tax Cuts and Jobs Act (TCJA) on American farms. Six months after the President signed the tax cuts and reforms into law, the U.S. Department of Agriculture (USDA) Economic Research Service…

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VIDEO: Secretary Perdue: President Trump Will Protect Farmers From China

USDA

(Washington, D.C., June 28, 2018) – U.S. Secretary of Agriculture Sonny Perdue today reassured America’s farmers, ranchers, foresters, and producers that they will not have to bear the brunt of China’s retaliatory tariffs resulting from trade disputes. President Trump has been holding China accountable for its history of unfair trade practices and intellectual property theft.…

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USDA Enhances the Quality of Life in Rural Areas by Building or Improving Essential Community Service Facilities

USDA

Department Invests $237 Million in Health Care, Municipal Centers, Schools, and Opioid Treatment, Prevention and Recovery Facilities BOX ELDER, S.D., June 27, 2018 – Assistant to the Secretary for Rural Development Anne Hazlett today announced that the U.S. Department of Agriculture (USDA) is investing $237 million in 119 rural community service facilities (PDF, 291 KB)…

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Secretary of Agriculture Sonny Perdue: “Donald Trump Will Protect American Farmers from China's Trade Retaliation”

USDA

“President Donald Trump is standing up to China, which wrongly believes it can bully our farmers to get America to back away from defending our national interests.” Donald Trump will Protect American Farmers from China’s Trade RetaliationBy Secretary Sonny PerdueUSA TodayJune 25, 2018 In 2011, a group of Chinese nationals dug up genetically engineered seeds…

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Crude Oil Traders Sell on Rumor, Buy on News

Market prices often move in the opposite direction of the expected impact of breaking news.  This is usually the case when the breaking news is not only expected but fully discounted into current prices.  An old saying is to “buy on the rumor. Sell on the news.”  and on the other side , to “sell…

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OPEC Decides to Raise Output: How Will U.S. Shale React?

About the Presenter Bluford “Blu” Putnam has served as Managing Director and Chief Economist of CME Group since May 2011. With more than 35 years of experience in the financial services industry and concentrations in central banking, investment research, and portfolio management, Blu serves as CME Group’s spokesperson on global economic conditions. View more reports…

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Introducing the NYISO Electricity Capacity Market

The NYISO ICAP Market consists of three auctions: The Capability Period Auction, the Monthly Auction, and the Spot Auction. Spot auction: This is a mandatory auction where LSEs can procure their capacity requirements and offer to sell in the upcoming obligation month only. The spot auction is based on demand and supply dynamics which serve…

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Futures vs. Forwards: Cost Implications

Futures Markets Both futures and forwards represent an investment for the future delivery of metal. One of the main structural differences between futures and forwards is the form of the expiry dates that are made available. Futures are made available in contract months. There is usually one month that is more actively traded at any…

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