This is the first time I listed the Physical Deliveries in any communication. I like to look at the firms making and taking to try and determine if the product is in what I call "strong Hands", or if they will likely be retendered. It gives you an outlook as to what is going to cash or storage.
US Economic Releases
Friday 1st May
09:45 AM ET PMI Manufacturing Index
10:00 AM ET ISM Manufacturing Index, Construction Spending
01:00 PM ET Baker – Hughes Rig Count
03:00 PM ET Grain Crushings, Fats and Oils
USDA Scheduled Releases and Agency Reports
Friday 1st May
Economic Research Service
09:00 AM Commodity Costs and Returns
03:00 PM ET Milk Cost of Production
National Agricultural Statistics Service
03:00 PM Grain Crushings, Fats and Oils
03:00 PM Cotton System, Flour Milling, Peanut Prices
Grain Deliveries For 5/1/20
223 – Corn earliest Open Longs 10/31/2019
22 - Bean Meal Earliest Open Longs 12/26/19
1466 - Bean Oil Earliest Open Longs 04/28/2020
7 – Rough Rice Earliest Open Longs 04/09/2020
9 – KC HRW Wheat 12/27/2019
Comments