by Terry Reilly | May 3, 2023
PDF attached Weekly ethanol production increased 9,000 barrels per day to 976,000 barrels and stocks fell a large 943,000 barrels to 23.363 million barrels. For comparison, a Bloomberg poll looked for weekly US ethanol production to be down 4,000 thousand...
by Terry Reilly | May 2, 2023
PDF Attached Outside commodity influence sent most contracts lower for soybeans, corn and wheat. Bear spreading was a feature for soybeans while new crop corn saw selling after USDA reported a good increase in US corn plantings as of Sunday. US wheat traded...
by Terry Reilly | May 2, 2023
PDF attached Good morning. USD was higher, WTI crude oil mostly lower and US equities lower. Light buying is seen for soybeans and soybean oil. Meal traded two-sided and corn was mixed. US wheat traded two-sided and are currently mostly lower after...
by Terry Reilly | May 1, 2023
PDF attached Good morning. Happy May Day USD was 1 point lower, WTI crude down $1.76 and US equities mostly lower. Many countries are on holiday for May Day and therefore news is light. CBOT ags are mostly lower from an improving US weather outlook...
by Terry Reilly | Apr 28, 2023
PDF attached Traditional funds and managed money sold a lot more corn and soybeans than the trade predicted for the week ending April 25. The large drop in open interest during this period helps explain this. Look for possible technical short covering early...
