by Terry Reilly | Feb 25, 2022
PDF attached CFTC Commitment of Traders The volatility that started last week was reflected in how analysts estimated the net fund positions. Funds were much less long than estimated for soybeans, Chicago wheat and to lesser extent soybean meal. One...
by Terry Reilly | Feb 25, 2022
PDF attached Good morning. What goes up, must come down. US agriculture sold off a large amount that started off with a gentle move lower around midnight followed by a sharply lower trade around 2-3 am CT. There was no major fundamental...
by Terry Reilly | Feb 25, 2022
PDF attached USDA export sales were within expectations for the soybean complex and slightly above for grains. Soybean sales of 1.233 million tons were slightly lower from previous week. Egypt bought 379,300 tons of soybeans (50k switched from...
by Terry Reilly | Feb 24, 2022
PDF Attached Russia invaded Ukraine on three fronts, sending most global commodity and equity markets in a frenzy. Overnight into early morning many CBOT agriculture commodity markets traded limit higher, only to gyrate for the remainder of the day. One of the...
by Terry Reilly | Feb 24, 2022
PDF attached EIA weekly ethanol update · The US weekly EIA ethanol data was viewed slightly bullish for US corn futures. · Weekly US ethanol production...