Daily Close | Forex, Metals, Oil, Agriculture March 29, 2021



The weather in Florida is good with a few showers or dry weather to promote good tree health and fruit formation. Mexican crop conditions in central and southern areas are called good with rains, but earlier dry weather might have hurt production. The US stock market has been generally firm to help support ideas of a better economy here and potentially increased demand for Cotton products. The corn market will register an incremental spend of about USD $36.35 Billion, growing at a CAGR of 2.37 % during the five-year forecast period.
Stress to trees could return if the dry weather continues. A targeted strategic approach to corn sourcing can unlock several opportunities for buyers. In the overnight electronic session, the May corn is currently trading at 546 ½ which is 6 cents lower.


less General Comments: Futures were lower on speculative selling tied to demand fears due to the potential return on the Coronavirus and a much stronger US Dollar. The $600 dollar stimulus checks approved late last year pushed personal income higher in January and continued propagating through the economy during February and March. For currency traders, the question is how much of that is priced into the dollar?

United States

The stock closed on Friday at $52.03.Chipmaker Micron Technology (NASDAQ:MU) is another stock set to report earnings on Wednesday, Mar. Online video conferencing services such as those offered by Zoom Video Communications (Nasdaq: ZM) have helped organizations and educational institutions globally manage these unprecedented working conditions. According to their website, “The Chicago Fed Midwest Manufacturing Index (CFMMI) is undergoing a process of data and methodology revision.
Mr. Hwang and Tiger Asia paid $44 million to settle a related civil lawsuit, The Wall Street Journal reported at the time. The demand for FCOJ is said to be weaker as the Coronavirus has been less in the US. At the current pace, doses will reach the arms of half of the US by May 9. There won’t be any hikes through 2023 if the Fed gets its way. The Chicago Fed published their Midwest Manufacturing Index from July 1996 through December of 2013.


Mohamed A. El-ErianSymbolic sanctions won t hurt Beijing.


The EU can use sticks and stones by reconsidering its investment deal with China.