Wednesday, January 06, 2016

Yuan flew over the Cuckoo Nest

Wednesday, January 6, 2016

China devalues again overnight driving the macro market – ruble making a new low for the move this morning and crude/equity markets are getting smashed - will be the story for the grains/oilseeds today. Learn More →

Perspective: Morning Commentary, 01/06/2016

Wednesday, January 6, 2016

January 6 – Stocks fell around the world as economic fears returned overnight, led by a weaker yuan. China lowered its daily fixing for the yuan by 0.22% to its lowest level since April 2011 as it attempts to jump-start its economy. The yuan is at its weakest level since September 2010 in Hong... Learn More →

Morning Livestock Report, 01/06/2016

Wednesday, January 6, 2016

Cattle futures turned in a two-sided performance for a second session yesterday, finishing narrowly mixed in both the feeders and the fats. Much of the conversation has moved to the beef market, where the spot cutout indexes continue to move sharply higher, up another $4+ in the choice yesterday... Learn More →

Morning Grain Comments, 01/06/2016

Wednesday, January 6, 2016

It’s interesting to note that El Nino has produced crop concerns in one corner of the globe, but the trade is taking South African concerns pretty lightly; any deficits there are seen easily made up by what is becoming an increasingly well-oiled South American output/export machine. Egypt’s GASC... Learn More →

Morning Dairy Comments, 01/06/2016

Wednesday, January 6, 2016

General Market News · Global stocks deep in the red on China economic concerns as the yuan has reached its lowest level since September 2010 · NZ Dollar falls as GDT auction results boost odds of NZ interest rate cut · Brent crude has fallen to a fresh 11-year low · ECB’s... Learn More →

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