by Terry Reilly | May 27, 2022
PDF attached Good morning. Holiday mode is kicking in with US off Monday and Jubilee next week. Some Asian countries will also be on holiday selected days. Indonesia announced they will allocate 1 million tons of palm oil for the export market,...
by Terry Reilly | May 27, 2022
File(s) attached Good morning. Indonesia announced they will allocate 1 million tons of palm oil for the export market, but no details or timeline were provided. We see little reaction in soybean oil futures from this news. Palm oil did sell off....
by Terry Reilly | May 26, 2022
PDF attached does not include daily estimate of funds. US treasury announced a potential levy tax of 25% on “windfall profits” for oil companies and this sent WTI crude oil futures higher on speculation some companies will slow cut off oil production in...
by Terry Reilly | May 26, 2022
PDF attached Good morning. Fundamental news for the agriculture markets is light. Geopolitical developments and global weather are in focus. Quiet morning with soybeans and meal slightly lower and soybean oil a little higher. WTI is higher and USD lower....
by Terry Reilly | May 26, 2022
PDF attached USDA Export Sales Overall light. USDA export sales for old crop soybeans came in at the low end of expectations while new-crop was at the upper end of expectations. Old crop sales included a reduction by China of 108,400 tons. Soybean meal and...
