by Terry Reilly | Jun 24, 2021
PDF attached US Weekly Initial Jobless Claims Jun 19: 411K (est 380K; prev 412K) US Continuing Claims Jun 12: 3390K (est 3460K; prevR 3534K; prev 3518K) US Durable Goods Orders May P: 2.3% (est 2.8%; prevR -0.8%; prev -1.3%) US Durable Goods Ex-Transportation...
by Terry Reilly | Jun 23, 2021
PDF Attached We raised our corn for ethanol use for the current year by 20 million bushels. Attached is our updated US corn balance sheet. Old crop soybeans reversed to close lower. Back months were lower on an unchanged US weather outlook...
by Terry Reilly | Jun 23, 2021
PDF attached Weekly US ethanol production increased 23,000 barrels to 1.048 million from the previous week and stocks increased 518,000 barrels to 21.120 million. The trade was looking for a 6,000 increase for production and stocks to increase 59,000...
by Terry Reilly | Jun 23, 2021
PDF attached Good morning. Nearby soybeans are higher from a rise in soybean oil futures but the back months are lower on an unchanged US weather outlook calling for rains across the growing regions. Meal is on the defensive from product...
by Terry Reilly | Jun 22, 2021
PDF Attached Improving US weather continues to pressure back month corn and soybeans. Chicago and KC wheat were lower on US harvest pressure and China buying Australian wheat. MN wheat rallied as expected from poor US spring wheat crop...
