by Terry Reilly | Dec 30, 2021
PDF attached USDA export sales were below expectations for the soybean complex, above a Reuters trade guess for corn and slightly below a trade range for all-wheat. We see no bullish figures out of this report. Shipments of soybean products slowed but...
by Terry Reilly | Dec 29, 2021
PDF Attached Egypt bought 300,000 tons of wheat. The ag markets saw a two-sided trade on lack of direction and uncertainty over SA production prospects. Regardless of weather, SA is still expected to see large crops. There are showers showing up in the lang...
by Terry Reilly | Dec 29, 2021
PDF attached Good morning Lower trade again on profit taking and consolidation ahead of the New Year’s holiday despite soybean oil finding a bid on unwinding of meal/oil spreading. WTI is lower, USD slightly lower and US equities higher. SA weather...
by Terry Reilly | Dec 28, 2021
PDF Attached Widespread selloff in US agriculture markets, not commodity markets as whole, (except meal and rice) on positioning ahead of the end of the year and profit taking. Egypt after the close floated an import tender for wheat. There was some...
by Terry Reilly | Dec 28, 2021
PDF attached Good morning US equities are higher, WTI crude more than $1.10 higher, USD lower and gold higher. US soybeans, meal and soybean oil are higher on follow through buying amid ongoing SA weather concerns. Corn is higher but gains are...
