by Terry Reilly | May 17, 2023
PDF attached Weekly US ethanol production increased 22,000 barrels and stocks fell 100,000. For comparison, a Bloomberg poll looked for production to be up 16,000 barrels and stocks up 45,000 barrels. Crop year to date (early Sep-mid May) plant production is...
by Terry Reilly | May 16, 2023
With PDF Attached Old school thought? “Turnaround Tuesday”. CBOT grains and the soybean complex traded lower. Trading was slow in part to a US biofuel conference that started today and favorable US weather as traders relook at supplies. China tossed...
by Terry Reilly | May 16, 2023
PDF attached Good morning. Grains and the soybean complex are lower. China tossed a wrench into the short-term agriculture bull machine by reporting poor April economic data that rippled into their currency valuation against the USD. Some...
by Terry Reilly | May 15, 2023
PDF attached US April NOPA crush came in 900,000 bushels below expectations, was off 3.7% from March on a daily adjusted basis, and up 2.0% from April 2022, daily adjusted. April crush was a record for the month. The soybean oil yield was also a record for the...
by Terry Reilly | May 15, 2023
PDF attached USDA inspections versus Reuters trade range Wheat ...
