by Terry Reilly | Jan 12, 2022
PDF Attached USDA released their January reports and unlike other years, there were no major fireworks. Positioning commenced post USDA report with selling in wheat and buying in soybeans, which left corn stick in the middle. Initial reaction: Bearish...
by Terry Reilly | Jan 12, 2022
FI PDF and USDA reports attached US Dec 1 soy stocks 3149, 20 million vs. trade US Dec 1 corn stocks 11647, 45 million vs. trade US Dec 1 wheat stocks 1390, -31 million vs. trade US 2021 corn production 15115 vs. 15062 last month (53), ...
by Terry Reilly | Jan 12, 2022
PDF attached Weekly US ethanol production was reported at 1.006 million barrels, down 42,000 barrels from the previous week and well below expectations. Stocks ballooned 1.552 million barrels to 22.911 million. The trade was looking for stocks to increase...
by Terry Reilly | Jan 11, 2022
PDF Attached USDA: Private exporters reported sales of 100,000 tons of soybeans for delivery to Mexico during the 2021/2022 marketing year. Soybeans ended mixed (bull spreading), soybean meal lower, and soybean oil higher. WTI crude oil was up nearly...
by Terry Reilly | Jan 11, 2022
PDF attached Good morning. USDA: Private exporters reported sales of 100,000 tons of soybeans for delivery to Mexico during the 2021/2022 marketing year. Lower trade in soybeans and soybean meal. Conab reported a supportive Brazil corn...
