by Terry Reilly | Apr 16, 2022
PDF attached CFTC Commitment of Traders Traditional funds were less long than expected for Chicago wheat (by 25,100 contracts), corn, soybeans, and soybean meal. Money managers extended their net long position for the major agriculture commodities with...
by Terry Reilly | Apr 15, 2022
PDF Attached Good morning. NOPA reported a 181.8-million-bushel US March soybean crush, 0.2 million below expectations. We thought the report was bullish for soybean oil, neutral soybeans, and slightly bearish soybean meal. Soybean oil stocks fell...
by Terry Reilly | Apr 14, 2022
PDF attached Good morning. Private exporters reported sales of 132,000 metric tons of soybeans for delivery to China during the 2021/2022 marketing year. Look for positioning ahead of a three-day holiday weekend. WTI was corn about $1.95/barrel...
by Terry Reilly | Apr 14, 2022
PDF attached USDA export sales were on the lighter side for old crop soybeans, soybean oil and wheat. Corn export sales were within expectations and soybean meal increased from the previous week. Sorghum sales were a poor 8,500 tons. Pork sales were...
by Terry Reilly | Apr 13, 2022
PDF Attached May corn and May soybean oil hit a contract high today. Soybean oil was supported by US supply concerns after a major railroad company told some customers to trim their privately owned cars on their network so they can free up congestion in...
