by Terry Reilly | Jul 15, 2021
PDF attached Good morning. Mixed trade. USD is higher and WTI lower. Soybean oil continues to climb higher on vegetable oil supply concerns, lending support to soybeans. Canola turned higher. Corn is slightly lower but US weather...
by Terry Reilly | Jul 15, 2021
PDF attached USDA Export Sales China was quiet last week. Old crop soybean export sales were a disappointing 21,700 tons and new-crop improved from the previous week to 290,800 tons with Mexico taking the bulk (248,600 tons). Soybean oil sales were...
by Terry Reilly | Jul 14, 2021
PDF Attached CBOT agriculture markets rallied on inflation fears, lower USD, technical buying and rising concerns over US supplies amid a weather forecast calling for drier conditions for the US growing areas next week. November soybeans filled a...
by Terry Reilly | Jul 14, 2021
PDF attached US DoE Crude Oil Inventories (W/W): -7896K (est -4000K; prev -6866K) – Distillate Inventories: 3657K (est 1000K; prev 1616K) – Cushing Inventories: -1589K (prev -614K) – Gasoline Inventories: 1038K (est -2000K; prev -6075K)...
by Terry Reilly | Jul 14, 2021
PDF attached Good morning. Soybeans are higher despite a drop in November Canadian canola futures. Products are higher. Corn turned higher on inflation concerns despite expectations for the majority of the Corn Belt to see rain one time or...
