by Terry Reilly | May 31, 2022
PDF attached Soybean shipments were near low end oof expectations. China took only 2.336 million tons, down from 5.958 million previous week. Corn and wheat inspections were within expectations. USDA inspections versus Reuters trade range...
by Terry Reilly | May 31, 2022
PDF attached Good morning. WTI crude oil was up nearly $4.00 earlier this morning and USD up 43 points. The European Union will impose a partial ban on Russian oil from the invasion of Ukraine. Pipeline crude will be exempt, but sea shipments are banned....
by Terry Reilly | May 30, 2022
PDF Attached Calls: Soybeans 6-11 lower Soybean oil 15-25 points lower Soybean meal $0.50-1.00 lower Corn 3-6 lower Chicago wheat 4-8 lower KC wheat 5-10 lower MN wheat 1-4 lower (two sided) · The...
by Terry Reilly | May 29, 2022
PDF Attached includes Friday OI and Option volume plus update weather maps. FI US CP and inspections included. Grains ended Friday higher. Several countries warned of potentially restricting rice exports and one staple for replacement is wheat. Soybeans ended...
by Terry Reilly | May 29, 2022
PDF attached CFTC COT Fund position for wheat was a shock as funds futures old was much more long than estimated, a complete reversal from that we saw from large selling for the previous week pushing then into a thought of net negative position. With wheat net...
