by Terry Reilly | May 19, 2023
PDF attached CFTC Commitment of Traders Funds were less long than expected for corn and more long for soybean meal. Fund estimated as of Friday Reuters table SUPPLEMENTAL ...
by Terry Reilly | May 19, 2023
PDF attached Good morning. Grains and the soybean complex are rebounding Friday from positioning ahead of the weekend. The US weather forecast for the Midwest turned slightly unfavorable from that of yesterday. Limited rains in central areas next...
by Terry Reilly | May 18, 2023
PDF attached Good morning. WTI crude was 58 cents lower earlier and USD higher by about 44 points. US wheat and corn are lower on follow through selling after an agreement was reached to extend the Black Sea grain deal by 60 days. Russia said the...
by Terry Reilly | May 18, 2023
PDF attached US Initial Jobless Claims May 13: 242K (est 251K; prev 264K) US Continuing Claims May 6: 1799K (est 1820K; prevR 1807K) WTI crude was 36 cents lower earlier and USD higher by about 42 points. US wheat and corn are lower on follow through...
by Terry Reilly | May 17, 2023
PDF Attached Bearish fundamental developments today. Russia, Ukraine, and Turkey all confirmed a 60-day Black Sea grain export safe passage extension deal. We updated our price ranges for selected major markets. The deal sent the CBOT agriculture markets lower....
