Articles tagged under: Phillip Claussen
Bullish Grain Markets Remain Despite Slight Corrections
Published January 25, 2021
A correction lower in the grain markets is challenging bullish trend lines. StoneX market analyst Phillip Claussen says up trends are still in place, but just barely. "From a technical standpoint, we're still holding onto the bullish trendline, but we're…Good Fundamentals Support Soybean Complex
Published December 16, 2020
The soybean traders took another run at $12 early Wednesday, but failed to break through. StoneX market analyst Phillip Claussen says good fundamentals are supporting the soybean complex. "The past two days have really been a soybean meal-led rally as…China Purchases Supporting the Grain Markets
Published March 20, 2020
China made a few purchases of U.S. agricultural commodities on Friday. According to the USDA, China bought 756,000 metric tons of corn for delivery during the 2019/2020 marketing year, 340,000 metric tons of hard red winter wheat for delivery during…Coronavirus Spreading, Market Concerns Continue
Published February 24, 2020
While coronavirus cases are starting to decline in China, INTL FCStone market analyst Phillip Claussen says incidence of the virus outside of China is increasing, mainly in Japan and South Korea. "That's one of the difficulties of the virus. The…INTL FCStone Lowers Brazil Soybean Production Estimates
Published January 4, 2019
INTL FCStone lowered its Brazilian soybean production estimate from last month. INTL FCStone market analyst Phillip Claussen says dry weather is taking a toll on the soybean crop. "There's pretty good heat and some lack of moisture in parts of central…