by Terry Reilly | May 25, 2022
PDF Attached Good morning. USDA increased their food price inflation index for 2022 to a range of 6.5 to 7.5%. This would be the highest annual price increase since 1980 (all food)....
by Terry Reilly | May 25, 2022
PDF attached Weekly ethanol update · The US weekly EIA ethanol data was viewed slightly supportive for US corn futures. · Weekly US ethanol...
by Terry Reilly | May 25, 2022
PDF attached Good morning. Improved prospects to free up grain exportable supply out of the Black Sea, a higher USD, and steady to an improvement in US weather is sending grains and the soybean complex lower. WTI crude is higher. Russia’s Foreign...
by Terry Reilly | May 24, 2022
PDF Attached Good morning. China approved Brazil corn imports and with US corn plantings advancing nicely, that sent corn futures sharply lower. Wheat traded two-sided, ending lower in part to improving US weather and slowing global trade demand. Old...
by Terry Reilly | May 24, 2022
PDF attached Good morning. A rally in palm is supporting soybean oil. Nearby meal is higher and soybeans higher. USD is slightly lower and WTI was mixed at the time this was written. Wheat is seeing follow through buying over production concerns and corn...
