by Terry Reilly | Oct 6, 2021
PDF Attached Choppy trade today was seen in the soybean complex. Soybean oil turned lower on technical selling and lower energy prices that pressured soybeans and lifted soybean meal higher. Corn was lower despite a very good improvement in weekly...
by Terry Reilly | Oct 6, 2021
PDF attached Year to date Weekly US ethanol production was up a large 64,000 barrels or 7% (trade was looking for up 10,000) from the previous week to 978,000 barrels per day, highest since early August. Stocks were down 289,000 barrels (trade was...
by Terry Reilly | Oct 6, 2021
PDF attached Good morning. Higher trade in the soybean complex, corn, and wheat despite a 34-point higher trade in the USD and lower energy prices. Malaysian palm and Paris rapeseed prices are at contract highs. Results for Egypt’s...
by Terry Reilly | Oct 5, 2021
PDF attached Good morning. WTI crude oil is extending its rally and USD rebounded to trade 14 points higher this morning. US equity futures are suggesting a higher open. Soybean meal, corn and wheat are all lower. Soybeans turned...
by Terry Reilly | Oct 4, 2021
PDF Attached Bloomberg’s commodity index hit a record high. Soybeans were on the defensive from good US weather and lack of China commitments. Corn was mixed and many wheat contracts rallied on technical buying (KC lower from good US weekend...
