Daily Close | Forex, Metals, Oil, Agriculture April 26, 2021



Wheat: Wheat markets were sharply higher on Friday and for the week as Wheat remains a weather market. Corn prices are high so demand for feed wheat could increase. Chinese demand had been strong until recently and it looks like they need the Corn. It was very cold last week in the US and some recently planted Corn could have been hurt or at least be very slow to emerge. Soybean Meal is under pressure due to the big buying seen in Soybean Oil although both were higher yesterday.
The Winter Corn crop progress is well behind normal and it has been dry in major growing areas. It is drier in central and parts of northern Brazil, and farmers have finally harvested the Soybeans area and planted the Winter Corn. Prices inside China for Corn remain extremely high. Soybeans and Soybean Meal: Soybeans and the products were sharply higher. There is talk of new Chinese interest in buying US Corn. The US does not have a lot of Soybeans in the country anymore as most producers have already sold.
Brazil is rapidly exporting Soybeans.


The Euro Stoxx 50, Europe’s leading blue-chip index, has continued to grind higher in 2021.


Central banks were net sellers in January and February for the first time in over a decade, unloading some 16.7 metric tons, according to the World Gold Council (WGC). His thoughts on gold are captured each week on a program called Gold Game Film in collaboration with Kitco News and TheStreet.com. He is well known for combining technical, fundamental and sentiment analysis into one accurate conclusion about the gold market. As well he is publishing his bi-weekly comprehensive for his numerous international readers focusing on Gold, Silver, Mining, commodities and cryptocurrencies.
He writes a bi-weekly in-depth analysis for one of Germany´s largest gold and silver retailer the “pro aurum group”. I have much more to say on this, but first, let’s get an update on official gold purchases. This has contributed to gold’s poor performance so far this year, falling 6.5% through last Friday. Serbia has been accumulating gold every month since February 2019.
He is also the co-author of The Goldwatcher: Demystifying Gold Investing. His unique has an outstanding track record and helps investors all over the world to make better decisions in the gold-market.

United States

Despite multiple regulatory probes and tightening regulations on how social media companies collect and use personal information, investors continue their love affair with Google parent Alphabet (NASDAQ:GOOGL). For instance, in the US, some states allow controlled levels of production, usage, and marketing of cannabis products while others allow specific uses of the product. Political Landscape This year s effort promises to be particularly chaotic following the extreme gerrymandering of 2011, and Trump s unsuccessful attempt to exclude undocumented immigrants from the count.
less This morning the Dallas Fed released its Texas Manufacturing Outlook Survey for April. About 35% of the companies come from the US, followed by Sweden (14.87%), Canada (14.31%), Japan (9.97%), Finland (9.50%), and Brazil (7.0%). He has been quoted in a variety of financial news publications, such as CNBC, the Wall Street Journal, and the New York Post. The Dallas Fed on the TMOS importance: Texas is important to the nation’s manufacturing output.
He is a regular contributor to Forbes, Business Insider, Seeking Alpha and Wall Street Journal’s Experts Corner.


A ramp-up in production and distribution now has the EU’s chief vaccination leaders expecting herd immunity in the EU’s adult population by mid-July.