It was just after 11:00 this morning I received an email from the USDA with Supply Demand report and the stocks report. I quickly glanced at the numbers. The corn yield was cut down to 172 bushel an acre and the bean yield was dropped slightly. Corn and soybean carryover was just slightly lower than the average trade guess. The USDA did cut corn exports, ethanol use and feed demand. So, just glancing at the numbers I thought it was friendly.
I was a bit worried going into the report at 11:00 when the corn went negative and being a bit higher all morning. Beans sold off a little too so I thought here we go, it is going to be a very bearish report. It was the exact opposite. Corn locked limit up at 25 cents and beans were close to limit at 50 cents a bushel. It had been so long since we have seen a limit move I was not even sure what a limit move was!
Albo Casts His Votes For Triple J’s Hottest 100
Labor Party leader Anthony Albanese has voted early and voted often for the Triple J Hottest 100.
Albo has picked 10 of his favourite songs from 2020 and cast his votes for the Hottest 100 airing Sunday 24 January 2021 on Triple J.
Here are Albo’s choices:
Lime Cordiale – Reality Check Please
Alex The Astronaut – I Think You’re Great
Tired Lion – Cya Later
It was another week that corn and beans set new contract highs. We did not close the week on contract highs but technically the charts still look encouraging. There were a couple days where corn and beans dropped hard but by the end of the trading both recovered most of the losses and then moved higher the next session. it sure helped that the USDA announced a number of daily export sales of beans to China after the weekly sales were low much below the weekly average.
Tuesday morning at 11:00 am the USDA will release the Quarterly Stocks Report which will be the final yield and production for 2020 and also the January Supply Demand Report. It is one of the biggest market moving USDA reports of the year and it typically has a few surprises. The average trade guess is that it will be a friendly report with lower 2020 production and lower carry over for beans but an increase of 300 million for corn.
Best LGBTQ music of 2020:
Jan 1, 2021 |
Gregg Shapiro | Contributing Writer
In more ways than anyone would care to count, the COVID-19 pandemic has changed the way we live. Near the top of the list are the ways in which we experience music. Live music venues from concert halls and intimate clubs to festivals and cruises were hit the hardest, and the future of these performance spaces remains uncertain.
Fortunately, we still have plenty of recorded music to enjoy while we face the possibility of both a vaccine and further lockdowns.
Staying productive
Some musicians have used the opportunity of isolation to create albums. Gay singer/songwriter Mike Maimone, in fact, recorded two solo albums; isolation: 001 consists of original songs, and
Among a huge contingent of locals, Spacey Jane’s debut album
Sunlight has just been voted in - by you - as the best record of 2020.
The last few years have seen the band develop their songwriting on the road with a relentless touring schedule. Along the way, Caleb, Kieran, Ashton and Peppa have amassed an army of dedicated fans, packing out stages at big festivals like Laneway and Splendour In The Grass thanks to their instinct for big, breezy, emotional singalongs.
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Despite a pandemic-sized spanner being thrown in Spacey Jane s touring plans in 2020, including cancelled Aussie and international dates, they forged ahead and released