by Terry Reilly | Aug 9, 2021
PDF attached Good morning. Sunday into Monday many commodity markets traded lower as the COVID-19 Delta & Lambda variant continues to spread throughout parts of the world, including the US. WTI was down about $2.50, USD near unchanged, gold off...
by Terry Reilly | Aug 7, 2021
PDF Attached Refinitiv: POLL- The yield average is 177.6 for US corn and 50.4 soybeans, 15.004 and 4.375 average for production. Looking at the ranges, they are tight, so any surprises should be considered. Low/high production ranges were reported...
by Terry Reilly | Aug 6, 2021
PDF attached Good morning. Higher trade. There was additional talk of China securing soybeans off the PNW. USDA confirmed this. WASHINGTON, Aug 6, 2021—Private exporters reported to the U.S. Department of Agriculture export...
by Terry Reilly | Aug 5, 2021
PDF Attached Grains and oilseed firmed on demand and drought worries, but gains were limited on forecasted rains for the Corn Belt and heightened concerns on “ demand destruction” from the increased cases from the Delta variant of COVID-19. ...
by Terry Reilly | Aug 5, 2021
PDF attached Good morning. Mixed trade as positioning has begun ahead of next week’s USDA Crop Production and S&D update. I expect some longs to exit positions as private trade groups are hinting for US production to end up large for corn...
