by Terry Reilly | Apr 8, 2022
PDF attached Good morning. USDA report day. Consensus is for US stocks to decline from March for corn and soybeans and wheat to be near unchanged. SA soybean production is projected to decline about 2 million tons. Traders are positioning this morning...
by Terry Reilly | Apr 7, 2022
PDF Attached Bear spreading was a feature for many of the CBOT agriculture markets. WTI crude oil was lower at around 1 pm CT and the USD higher. We saw a higher trade for soybeans from a lower than estimated Brazil production estimate. Meal was lower in part...
by Terry Reilly | Apr 7, 2022
PDF attached Good morning. Grains are mostly lower on follow through consolidation and precipitation that fell across parts of Texas. Soybeans are higher on US demand speculation. Old crop corn export sales were above expectations. Soybean complex sales...
by Terry Reilly | Apr 6, 2022
PDF Attached Private exporters reported sales of 132,000 metric tons of soybeans for delivery to China during the 2021/2022 marketing year. There is not much to report. The trade was looking at light profit taking early but some grain markets rebounded...
by Terry Reilly | Apr 6, 2022
PDF attached Weekly US ethanol production was off a more than expected 33,000 barrels (traders looked for down 11k) to 1.003 million from the previous week and stocks down a large 626,000 barrels to 25.903 million (traders were looking for an increase of...
