by Terry Reilly | Mar 16, 2022
PDF Attached Day 21. Feds increased US interest rates by 25 points. Positive news on the Ukraine/Russia situation sent wheat limit lower. $10.59 we heard for May Chicago synthetic. Covid concerns are increasing as Europe and Asia pressured the...
by Terry Reilly | Mar 16, 2022
PDF attached Weekly US ethanol production was down 2,000 barrels to 1.026 from the previous week and stocks up 674,000 barrels to 25.945 million. A Bloomberg poll looked for production to be down 5,000 and stocks up 21,000 barrels. Stocks are highest...
by Terry Reilly | Mar 16, 2022
PDF attached Good morning. Day 21. Overnight there was talk that Ukraine/Russia peace talks improved. Covid concerns are increasing as Europe and Asia are seeing a rise in cases. Hong Kong reported 29,272 new COVID-19 cases, where 217 deaths were...
by Terry Reilly | Mar 15, 2022
PDF Attached Day 20. Surging coronavirus cases in China and expectation for a US interest rate hike sent WTI April crude oil below $94/barrel earlier today. The soybean complex ended lower (well off session lows), corn mixed (bull spreading), and wheat...
by Terry Reilly | Mar 15, 2022
NOPA reported a big US SBO yield for February that boosted SBO production and end of February stocks came in 74 million pounds above expectations. Crush near expectations. SBM yield seasonally improved from previous month. CBOT crush came off a little post...
