by Terry Reilly | Jun 10, 2021
PDF attached includes snapshot of major changes for USDA’s S&D USDA released their June supply and demand outlook Reaction: Bullish corn, neutral wheat and bearish to neutral soybeans. Look for the trade to quickly shift focus on...
by Terry Reilly | Jun 9, 2021
PDF Attached Very choppy trading range today on positioning ahead of the USDA report due out on Thursday. Corn reversed to traded higher bias the nearby contract. MN wheat was down again after rain fell across parts of the Northern Plains and...
by Terry Reilly | Jun 9, 2021
PDF attached Weekly US ethanol production was up a large 33,000 barrels to 1.067 million (trade looking for up 2,000) and stocks increased 372,000 barrels to 19.960 million (trade +110k). For the week ending June 6, ethanol output of 1.067 million...
by Terry Reilly | Jun 9, 2021
PDF attached Good morning. Minneapolis wheat is leading Chicago and KC wheat lower this morning from follow through correction in spreads. Soybeans and corn are lower on technical selling and lower outside markets. Malaysian palm oil traded...
by Terry Reilly | Jun 8, 2021
PDF Attached CBOT agriculture markets were mostly higher from a more than expected drop in US corn, soybean and spring wheat crop ratings. MN wheat dropped on technical selling. Egypt bought 60k soybean oil and 40k sunflower oil. The volume...
