by Terry Reilly | Dec 15, 2021
PDF Attached Soybean meal/oil spreading reversed after NOPA reported less than expected soybean oil stocks and US soybean meal yield rose from the previous month. The US crush came in 2.2 million bushels below trade expectations, but nearby beans settled...
by Terry Reilly | Dec 15, 2021
Attached NOPA’s November crush of 179.5 million bushels came in below expectations and on a daily rate averaged 5.98 million bushes/day, second largest daily rate in recorded history for any month (behind November 2020 of 6.03 mil bu/day and a hair above...
by Terry Reilly | Dec 15, 2021
PDF attached Weekly US ethanol production was off 3,000 barrels to 1.087 million, near expectations, and stocks increased for the 4th consecutive session by 419,000 barrels to 20.883 million (trade was looking for a 115,000-barrel increase). September to...
by Terry Reilly | Dec 15, 2021
PDF attached Good morning Follow through meal/oil spreading is seen today with soybeans again higher. Corn is higher in the front months and US wheat is easing after Algeria secured up to 700,000 tons of optional-origin milling wheat. Origin was thought...
by Terry Reilly | Dec 14, 2021
PDF Attached (daily estimate of funds will be sent out later or in the morning) Soybean meal/oil spreading dominated the market action. Soybeans were up sharply. Corn traded two-sided and wheat fell on follow through selling. Some of the reasons...
