by Terry Reilly | Apr 21, 2022
PDF attached Good morning. The USD was down 23 points and WTI crude oil up $0.23 at the time this was written. US equities were higher before the US initial claims report. Agriculture prices sold off post USDA export sales report. Brazil is on...
by Terry Reilly | Apr 21, 2022
PDF attached USDA Export Sales While USDA soybean 2021-22 sales came in at a low 460,200 tons, new crop was above expectations at 1.240 million tons. Old crop soybean sales included increases for China (496,400 MT, including 66,000 MT switched from unknown...
by Terry Reilly | Apr 20, 2022
PDF Attached The USD was down 58 points and WTI crude oil up 19 cents as of 2:08 pm CT. Soybeans and meal ended on a very strong note, helping out soybean oil. Corn was up sharply, and the July settled near its contract high. Wheat traded lower but paired some...
by Terry Reilly | Apr 20, 2022
PDF attached The US weekly EIA ethanol data was viewed bearish for US corn futures and friendly for US ethanol futures.Weekly US ethanol production decreased 48,000 barrels from the previous week to 947 thousand barrels per day (bbl), lowest level since...
by Terry Reilly | Apr 20, 2022
PDF attached Good morning. The USD was down 50 points (lending support to US commodities) and WTI crude oil rebounding by $1.24 at the time this was written. Soybeans, meal, nearby corn, and wheat are higher. Soybean oil is mixed. Paris May...
