The following report is an overview of the US and South American economic, political and crop situations as of June 16, 2017.
From mid-May to June 16, Soybean futures dropped and now are trying to rally. Corn futures traded higher, but found resistance near 4.00. Wheat futures rallied led by Minneapolis. The S&P 500 Index is near 2450.00. August crude oil futures are near $45.00 and August Gold futures are near $1,250.
The following is an overview of the European, Russian and Indian economic, political and crop situations as of 15th June 2017.
Within the latest PMI manufacturing survey, optimism about the outlook for production levels one year into the future reached a 20 month high. June Newsletter
Ghost in the Machine - May/June Edition
The following is an overview of the Chinese and Asian economic, political and crop situations as of 14th June 2017. The key Chinese and Asian event over the last 30 days has been China’s manufacturing PMI dropped to contraction zone, while exports figure beat expectation.
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