US Markets

U.S. Economic Update: ‘Americans, We Have A Problem…’

I was six years old when the Apollo 13 mission had a major malfunction that resulted in aborting their mission to land on the moon. From that moment on, the entire focus became getting those brave astronauts back to earth safely. It took the entire brain trust of NASA to…

U.S. Housing Market Continues To Send Mixed Signals

The U.S. housing market continues to send mixed signals, but it has been that way for awhile. August’s existing home sales were reported today (but came out after this writing). July was down 3.2 percent month-over-month to a seasonally adjusted annual rate of 5.39 million units. Although the 5.57-million units in…

U.S. Economic Review And Market Update For August

August was an uneventful month, as many on Wall Street typically take their summer holiday during this period.  Most stock market indexes were little-changed. Stocks & Bonds Global stock markets surprised many market pundits by shrugging off Brexit and roaring back in July.  European equities outperformed, after underperforming in June. …

U.S. Corn Weekly Review: Are Futures Carving Out A Bottom?

On Monday the USDA released its September 2016 WASDE report.   The U.S. Corn market highlights were as follows: 1.  The 2016/17 U.S. corn yield was lowered to 174.4 bushels per acre versus 175.1 bpa in August and the average trade guess of 173.4 bpa. The most notable state-by-state yield…

Market Volatility Returns In A Big Way In September

Market volatility returned with a flourish last week. After spending 44 days within 1% of its all-time high, the S&P 500 Index (INDEXSP:.INX) moved sharply lower on Friday (down 2.5%) as the index had its worst week in seven months. It’s been a shaky start this week as well. And the…

U.S. Corn Weekly Review And Price Forecast – September 11

In Monday’s Weekly Crop Progress report the USDA lowered its good-to-excellent rating in corn 1% to 74%, equal to 2014’s rating as of September 7th. All of the focus in corn remains on yield. Therefore Monday’s corn ratings decline, albeit it just 1%, did not go unnoticed by the market….

GDP Per Capita: Even Less Than Meets The Eye

Today’s lesson will look at GDP Per Capita, and economic data point that helps keep things in perspective. The most common statistic used to measure the size and growth rate of a nation’s economy is Gross Domestic Product (GDP). However, GDP as most commonly used can be a flawed measurement…

U.S. Corn And Soybean Planted Acreage: Analyzing The Expansion

This week I spent time analyzing the dramatic increase in U.S. corn and soybean planted acreage, which really started in 2012. That spring total U.S. corn and soybean planted acreage exploded to a record high of 174.5 million acres. Corn planted acreage increased to 97.3 million acres, the largest it…