by Terry Reilly | May 12, 2022
PDF Attached USDA released their May supply and demand estimates Reaction: Neutral soybeans, bullish corn and bullish wheat USDA NASS briefing https://www.nass.usda.gov/Newsroom/Executive_Briefings/2022/03-31-2022.pdf USDA OCE Secretary’s...
by Terry Reilly | May 12, 2022
PDF Attached USDA released their May supply and demand estimates Reaction: Neutral soybeans, bullish corn and bullish wheat USDA NASS briefing https://www.nass.usda.gov/Newsroom/Executive_Briefings/2022/03-31-2022.pdf USDA OCE Secretary’s...
by Terry Reilly | May 12, 2022
PDF’s attached Largest surprise was the much lower than expected US winter wheat production followed by a Ukraine 21.5-million-ton Ukraine wheat crop (down 11.5 MMT from 2021-22). Glancing at the global and US soybean numbers, we didn’t see...
by Terry Reilly | May 12, 2022
PDF attached Good morning. USDA 24-hour: Private exporters reported sales of 612,000 metric tons of corn for delivery to China. Of the total, 68,000 metric tons is for delivery during the 2021/2022 marketing year and 544,000 metric tons is for...
by Terry Reilly | May 12, 2022
PDF attached USDA Export Sales USDA export sales were poor all around. Soybean, corn, wheat, cotton and beef sales were all a marketing year low. China was largely absent for most commodities. There were several switches of destinations and small decreases...