Dates For The Diary In The Week Ahead
Monday: Weekly export inspections from the USDA; Weekly US crop progress from the USDA (corn planting expected 8-10% complete, US winter wheat conditions may fall 1-2% in the good/excellent category); Chinese Dalian market closed.
Tuesday: German and EuroZone unemployment data; The Wheat Quality Council's US winter wheat tour begins; Fed 2 day policy meeting begins; May 13 MATIF Rapeseed Expires; Chinese Dalian market closed; First notice day for deliveries against CBOT May contracts.
Wednesday: Chinese Dalian market closed.
Thursday: Weekly US export sales from the USDA; European and Chinese economic data released; ECB meets - speculation they may cut interest rates by 0.25%; Chinese Dalian market closed.
Friday: US unemployment data due; May 13 MATIF barley expires; Stats Canada Quarterly Grain Stocks Report; Chinese Dalian market reopens; Weekly Commitment of Traders Report released.
