The Mays Report Is Currently Being Redesigned…

June 30, 2014

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The reason for the inactivity at the Mays Report is that it is currently being redesigned.  The output of all my research can be found at my micro-blog at Seeking Alpha. Thank you for your patience. Advertisements

Posted in: Breaking News

May Wheat Expires With Mostly Uniform Convergence to Spot

May 15, 2014

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Unlike soybeans, of which cash basis can vary widely at expiration, wheat futures have for the most part converged to the spot at expiration. However, May futures show a nearly textbook convergence to spot at expiration in Toledo while cash prices in the Gulf remain well outside of the ¢0.10 threshold.

Posted in: Commodity Spotlight

Soybean Basis at Expiration Continues To Rise in 2014

May 15, 2014

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May soybean futures expired yesterday and the mean average cash basis at expiration at select locations rose to ¢0.23 from ¢0.13 cents when the March contract expired. This marks the second straight contract expiration where basis increased. Much of the increase is due to none of the 13 sample locations having at negative basis at expiration. Only 4 of […]

Posted in: Commodity Spotlight

Morning Coffee: Economic Calendar for May 6, 2013

May 6, 2014

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  All times US Eastern Standard Time. Today’s Global Economic Calendar 01:00 AM India: Services PMI Index 03:15 AM Spain: Services PMI Index 03:45 AM Italy: Services PMI Index 03:50 AM France: Services PMI Index 03:55 AM Germany: Services PMI Index 04:00 AM EMU: Composite PMI 04:30 AM UK: Services PMI Index 05:00 AM EMU: […]

Posted in: Morning Coffee

Morning Coffee: Economic Calendar for May 5, 2014

May 5, 2014

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  All times US Eastern Standard Time. Today’s Global Economic Calendar 01:00 AM Russia: Services PMI Index 05:00 AM Australia: Services PMI Index 05:00 AM EMU: April Producer Price Index (PPI) 09:45 AM US: Markit Services PMI 10:00 AM US: April ISM Non-Mfg Index 04:00 PM US: USDA Weekly Crop Progress Report 09:30 PM Australia: […]

Posted in: Morning Coffee

Morning Coffee: Economic Calendar for May 1, 2014

May 1, 2014

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 The first day of the month usually begins with a parade of PMI reports from around the globe. This months parade will not begin in earnest until May 2nd. Japan has already reported that its manufacturing sector contracted in April. It is not believed to be a permanent change in trend. All times US Eastern Standard Time. Today’s […]

Posted in: Morning Coffee

Morning Coffee: Economic Calendar For April 30, 2014

April 30, 2014

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Good Morning. The biggest macro economic events happening in the world today affecting global financial markets are below. All times US EST. Today’s Global Economic Calendar 02:00 AM Germany: Retail Sales   02:00 AM Switzerland: UBS Consumption Index   02:45 AM France: Consumer Mfgd Goods Consumption   02:45 AM France: Producer Price Index (PPI)   02:00 AM […]

Posted in: Morning Coffee