EUR / USD index fell to 1.1750. WTI crude oil dropped to 49.11 USD / barrel.

US entrepreneurs have offered a record high number of jobs in June. This is a signal that stable recruitment in the recent months is likely to continue. The US Department of Labor announced today that posted jobs jumped 8 % to 6.2 million, the highest figure since 2000. However, hiring has fallen, and the number of people who have left their jobs has also shrunk. These data indicate that employers have many jobs to offer, but it is difficult to find the skilled workers they need.Generally, in such a situation, entrepreneurs offer higher pay to attract more candidates, speeding up wage growth. But the government's employment report in July, which was announced Friday last week, showed that wage growth has not yet gained momentum, AP reminds.

Part of the rise in prices so far was due to the appreciation of the US currency. Time also turned against bulls in the forecast rain forests market in some parts of the corn belt in the coming days. Precipitation is expected next week. More rainfall is predicted after 18.08.2017 and by the beginning of September.

From February until now (with few exceptions) soybeans processors in China are working with negative margins. The reason for this is the large stock of soybeans meal used for animal feeding. These stocks are at the highest level for the past six years.

According to China's Head Office, in July 2017 the country has imported 10.08 million tonnes of soybeans, which is 30% more than in July 2016. - 7.76 million tonnes and is the maximum monthly level since 2010 until now. In June 2017, China has imported 7.69 million tonnes of soybeans. Such a high monthly result is due to the fact that part of the soybeans bought in June was landed in Chinese ports in July. In the first 7 months of 2017, soybeans imports to China reached 54.89 million tonnes, up 16.8% from the previous year. The resale of about 500,000 tonnes of soybeans from ships waiting to land in Chinese ports is not associated with reduced demand but with avoidance of payment of penalties for stay. There is another reason - the large soybeans stocks in the ports.The strong import in July is compensation for the decline in June.

Now something quite different. Other analysts believe that Chinese processors now earn 0.93 USD / busheld of processed soybeans at 0.66 USD / bushel a week earlier and 0.02 USD / bushel a year earlier. By analyzing the whole situation, it is probably the right data. Increased soybeans imports in China are due to high demand from processors because they earn, orices in the country are high enough. By analyzing China, we see that this is a closed black box - somewhere !!!

Yesterday wheat in Chicago dropped to a minimum. Prices do not hold a raise, or if it appears very unstable. This is due to EU and Russia harvest data, which are currently undergoing a revised review. For the EU, things are clearer - whatever comes out of the market. But will Russia be able to cope with a wheat crop of 77 million tonnes - to offer it for export in optimal terms, quality and prices ??? So far, the Russians have not given a reason to think they will not. Is the quality of their grains good, and they have not moved to mass sowing of forage wheat and it will increase crops and yields?

The price of wheat in the US is declining due to the withdrawal of the millers from the market. The panic of quality and quantity of the crop passes. Things get clear, and that calms buyers. So far, however, the price has not yet dropped because it is not necessary. There is internal demand, export sales have improved, and the amount of crop is rather low, i.e.it seems to be a stable situation.

Wheat price– yesterday wheat futures in Chicago fell by 4 - 7 cents / bushel. Analysts expect the USDA's August report to raise the global wheat stocks by 3.9 million tonnes to 256.7 million tonnes.

Soybeans price– yesterday soybeans futures in Chicago rose by 1 - 3.5 cents / bushel. It is expected that the ending stocks of soybeans in the new season will increase by 1.41 million tonnes to 92.12 million tonnes.

Corn price– corn futures in Chicago fell by 1 to 3 cents / bushel. It is expected in the USDA August report that the global corn stocks in the new season will decrease by 5.9 million tonnes to 194.91 million tonnes. Taiwan is looking to buy 130,000 tonnes of corn.