Happy usda report day

[Landdownunder]

What ever it brings

[Old Cowzilla]

Sold my beans yesterday might have to jump off barn roof today. If I can find my ladder buried under the snow !!!!!!!

[shtferbrains]

Sold my beans yesterday might have to jump off barn roof today. If I can find my ladder buried under the snow !!!!!!!

Markets looked nervous yesterday with most futures red.
Except for bean oil and Minni wheat.

[shtferbrains]

Market doesn't seem to like the report.
Maybe more about poor movement as stocks appear to be as expected?

Don't see any commentary yet?

US anounced 7% inflation today.

[TOM4CWB]

[QUOTE=shtferbrains;

Don't see any commentary yet?


I understood there was about 500,000ac more winter wheat planted than the trade expected, in the US midwest, giving slight negative bias to wheat. Mostly neutral on stocks overall. 2022 South American USDA projected production adjustments about as expected. Soy harvest just starting....

Cheers

[TOM4CWB]

[QUOTE=TOM4CWB;524213][QUOTE=shtferbrains;

Don't see any commentary yet?


I understood there was about 500,000ac more winter wheat planted than the trade expected, in the US midwest, giving slight negative bias to wheat. Mostly neutral on stocks overall. 2022 South American USDA projected production adjustments about as expected. Soy harvest just starting....

Cheers[/QUOTE]

WSJ WORLD
Russia, NATO Fail to Resolve Differences in Ukraine Talks
First discussions between alliance and Moscow since 2019 were held amid pessimism about a quick resolution

What's Next for U.S. and Russia as Tensions Grow Over Ukraine

A military buildup along the Ukrainian border is further straining ties between Russia and the U.S., after clashes over cybercrime, expulsions of diplomats and a migrant crisis in Belarus. WSJ explains what is deepening the rift between Washington and Moscow. Photo Composite/Video: Michelle Inez Simon
By James Marson in Brussels and William Mauldin in Washington
Updated Jan. 12, 2022 1:32 pm ET
BRUSSELS—NATO’s chief said significant differences remained with Russia but expressed hope that Moscow would agree to further talks, after the first joint council meeting between the two since 2019.

NATO Secretary-General Jens Stoltenberg said after discussions Wednesday that differences would be hard to bridge, with Russia increasing pressure on the West to accept its demands for sweeping security guarantees, and the alliance largely refusing to budge.

https://www.wsj.com/articles/russia-nato-meet-over-ukraine-impasse-11641987171?mod=hp_lead_pos13

[TOM4CWB]

[QUOTE=TOM4CWB;524218]

WSJ WORLD
Russia, NATO Fail to Resolve Differences in Ukraine Talks
First discussions between alliance and Moscow since 2019 were held amid pessimism about a quick resolution

What's Next for U.S. and Russia as Tensions Grow Over Ukraine

A military buildup along the Ukrainian border is further straining ties between Russia and the U.S., after clashes over cybercrime, expulsions of diplomats and a migrant crisis in Belarus. WSJ explains what is deepening the rift between Washington and Moscow. Photo Composite/Video: Michelle Inez Simon
By James Marson in Brussels and William Mauldin in Washington
Updated Jan. 12, 2022 1:32 pm ET
BRUSSELS—NATO’s chief said significant differences remained with Russia but expressed hope that Moscow would agree to further talks, after the first joint council meeting between the two since 2019.

NATO Secretary-General Jens Stoltenberg said after discussions Wednesday that differences would be hard to bridge, with Russia increasing pressure on the West to accept its demands for sweeping security guarantees, and the alliance largely refusing to budge.

https://www.wsj.com/articles/russia-nato-meet-over-ukraine-impasse-11641987171?mod=hp_lead_pos13

WSJ OPINION BUSINESS WORLD
The Supreme Court’s Covid Case Confusion
The liberal justices are as dizzy as the rest of us from the political spin.
WSJ Opinion: Supreme Court Hears Arguments on Two Covid Mandates

Journal Editorial Report: But do the federal agencies have this power absent a specific grant of authority from Congress? Images: AFP/Getty Images Composite: Mark Kelly

By Holman W. Jenkins, Jr.
Jan. 11, 2022 6:22 pm ET
While not as awful as some said, the Supreme Court’s performance during oral arguments over the Biden vaccine mandate for private workplaces was hardly the Court’s finest hour. Half way around the world, Australia’s big national newspaper took notice with the headline, “Top US judges slip up on facts of pandemic.”

Some slams were unfair. Justice Gorsuch didn’t say hundreds of thousands people die of the flu every year, but hundreds, thousands. Justice Breyer merely misspoke when he said 750 million Americans were testing positive each day. Justice Sotomayor didn’t quite slur unvaccinated Americans as “virus spewing machines.”...

https://www.wsj.com/articles/court-supreme-covid-confusion-justices-kagan-sotomayor-breyer-vaccine-mandate-omicron-11641934433?mod=hp_trending_now_opn_pos3

[Landdownunder]

Clever

Our Father, who art in Chicago
Hallowed be thy #Grains
Thy rally come
No pain be done
And markets head to the Heavens
Give us this day our Jan WASDE report and forgive us as we forgive the Bears
Lead us not into speculation but deliver us from bias confirmation

[TOM4CWB]

On top of our local grocery store shelves being as bare as any time in the past 2 years...local news comments on the trucker/driver pandemic shut down scheduled by Ottawa on Saturday at the US Border...

CBC wow, unusual War Talk from PM Trudeau...
"comments were echoed by Prime Minister Justin Trudeau today, who said he condemned "in no uncertain terms" the threat of Russian aggression during a phone call the day before with Ukrainian President Volodymyr Zelensky.

CBC
As talks with Russia stall, NATO chief warns of a new war in Europe
Wed, January 12, 2022, 12:56 PM

The threat of a new war in Europe is very real, NATO Secretary General Jens Stoltenberg said today following talks with Russia at the military alliance's headquarters in Brussels.

Stoltenberg's warning was delivered as the Trudeau government faces rising political pressure from the vocal Ukrainian diaspora community in Canada to do more to help deter an invasion by Russia troops.

The meeting of the NATO-Russia Council ended without a firm commitment to more dialogue over Moscow's demands. Russia is insisting that Ukraine be denied NATO membership and that the deployment of alliance troops and equipment in eastern Europe be rolled back to 1997 levels.

Those demands have been rejected entirely by the alliance. Wednesday's four hour meeting between NATO ambassadors and a Russian delegation was a "defining moment for European security," Stoltenberg said.

NATO was prepared to negotiate with Russia about military exercises, arms control and missile deployments, he said —but it won't allow Moscow to decide which countries can join the alliance.

"There is a real risk for new armed conflict in Europe," Stoltenberg said at an availability following the meeting.

"There are significant differences between NATO allies and Russia. Our differences will not be easy to bridge, but it is a positive sign that all NATO allies and Russia sat down around the same table and engaged on substantive topics."

Olivier Hoslet/Associated Press
Olivier Hoslet/Associated Press
Moscow has repeatedly denied it is planning to invade Ukraine — but on Tuesday over 3,000 Russian troops conducted a live-fire exercise close to the border. Russian President Vladimir Putin has insisted that his country needs written security guarantees that there will be no further NATO expansion.

Stoltenberg said any use of force against Ukraine by the Russians "would be a serious strategic mistake" for which Russia would pay a high price.

His comments were echoed by Prime Minister Justin Trudeau today, who said he condemned "in no uncertain terms" the threat of Russian aggression during a phone call the day before with Ukrainian President Volodymyr Zelensky.

'Significant consequences' for Russia

"We are all extremely concerned about that and are united as allies around the world in calling on Russia to de-escalate and [have] indicated that there will be significant consequences in the form of sanctions if further aggressive actions are taken by Russia," Trudeau said.

He also said Canada will "continue to be there," referring to the military training mission in Ukraine and the deployment of Canadian troops as part of a NATO-led battlegroup in Latvia.

Sean Kilpatrick/The Canadian Press

Ukrainian-Canadians alarmed at the prospect of war have been calling on the Liberal government to do more to help Ukraine through diplomacy and by shoring up its defences.

Last month, the Ukrainian Canadian Congress (UCC) submitted a series of policy recommendations to Foreign Affairs Minister Mélanie Joly. At the top of the list was a proposal to ship more defensive weapons to Ukraine, including anti-tank, anti-artillery, naval and air defence systems.

Joly has not ruled out increasing military support to Ukraine — an option the federal government has been reviewing for months.

Allies cut off equipment shipments to Ukraine

Following the dissolution of the Soviet Union, Ukraine was left with a vast military industrial complex capable of producing everything from tanks and armoured vehicles to aircraft and ballistic missiles. But many of the sophisticated modern systems used by NATO allies — such as the Javelin anti-tank missile — are not in their inventory.

When Trudeau met with Zelensky in the summer of 2019, the Ukrainian president expressed interest in acquiring Canadian armoured vehicles, which have an advanced design and are built to withstand powerful improvised explosives.

WATCH | Kyiv officials are inspecting hundreds of Cold War-era bomb shelters

With tensions running high over Ukraine, some of Canada's allies have blocked shipments of defensive equipment to avoid further aggravating Russia. The UCC pointed to Germany's refusal to allow the "purchase of anti-drone and anti-sniper systems via the NATO Support and Procurement Agency."

The UCC also wants to see Canada restore Ukraine's access to advanced satellite data — something the former Conservative government granted for a limited time after Russia's annexation of Crimea.

It also called for more sanctions on Russia, noting that in the years since Canada last imposed sanctions in March 2019, the United States and the European Union have moved to punish a Russian private security company, the Wagner Group.

The EU accused the Wagner Group of human rights abuses in Ukraine and a host of other countries, including torture and extrajudicial executions."

https://ca.yahoo.com/news/talks-russia-stall-nato-chief-195623639.html