Macroeconomic recovery prospects were improved by the actions of the ECB last week, even if the action was months and perhaps years late in coming.
USDA
The Pace of US Growth is Too Soft
Another month has drawn to a close, and US economic data has continued to be mixed and largely disappointing to the trade.
Soaring Treasuries Suggesting US Recovery is Not Sustainable
The US and Global Economies Showing Better Results
Into the end of April, the US economy was clawing its way toward self-propagating growth, but clearly recent growth has not been strong enough.
Pessimistic Views On Global Recovery Pace
Into the early April high in equities, global economic sentiment was hopeful of a quick return to a progressive recovery pace.
Slow and Gradual Recovery In the World Economy
While the US economy is improving, the improvement probably isn’t definitive enough to satisfy US equities, which have recently carved out fresh new all-time highs.
Tell-tale Signs of an Improving Global Economy
The price action in many physical commodities over the last two months has been very impressive, and that action is indicative of a global economy that is waddling its way toward recovery.
The Improvement in the Global Economy Continues
The improvement in the global economy continues, but the recovery pace obviously isn’t providing much in the way of support for the commodity markets.
Market Spotlight: Soybean Meal
Soybean Meal is produced through processing and separating Soybeans into oil and meal components. By weight, Soybean Meal accounts for about 35% of the weight of raw Soybeans (at 13% moisture). If the Soybeans are of particularly good quality, then the processor can get more meal weight by including more hulls in the meal while still meeting the 48% protein minimum.
Ag Apps for Smart Phones
The Van Trump Report is a great source for farmers, producers, end users and grains traders. Kevin Van Trump has made it his goal to help provide those in the Agricultural Business with the latest and most comprehensive news, information, commentary, and marketing strategies in the industry. If you find this information useful, we highly… Read more.