by Terry Reilly | Jul 28, 2022
PDF attached US GDP Annualized (Q/Q) Q2 A: -0.9% (est 0.4%; prev -1.6%) – US Personal Consumption Q2 A: 1.0% (est 1.2%; prev 1.8%) – US GDP Price Index Q2 A: 8.7% (est 8.0%; prev 8.2%) – US Core PCE (Q/Q) Q2 A: 4.4% (est 4.4%; prev 5.2%) US...
by Terry Reilly | Jul 27, 2022
PDF Attached FOMC Hikes By 75Bps; Target Range Stands At 2.25% – 2.50% FOMC Interest Rate On Reserves Balances Raised To 2.40% From 1.65% Fed Raises Main Rate In Unanimous Vote, Ongoing Hikes Likely To Be Appropriate US Interest...
by Terry Reilly | Jul 27, 2022
PDF attached US weekly ethanol production decreased 13,000 barrels from the previous week to 1.021 million and stocks decreased 225,000 barrels to 23.328 million. A Bloomberg poll looked for weekly US ethanol production to be down 2,000 barrels and stocks up...
by Terry Reilly | Jul 27, 2022
PDF attached Good morning. The US morning weather outlook appeared to be mostly unchanged. Ridging is still a strong possibility for the Midwest next week. The Midwest will see rain favoring the southern areas through Saturday and north central areas...
by Terry Reilly | Jul 26, 2022
PDF Attached Adverse US weather expected through mid-August and Black Sea shipping uncertainties sent CBOT agriculture markets higher. A high pressure ridge is in the forecast for the US Midwest next week. Outside markets had little influence on the rising...