by Terry Reilly | May 21, 2021
PDF Attached Attached is our price performance sheet and updated US soybean balance sheets. There were no 24-hour sales this morning. Many countries will be on holiday Monday (EU and Argentina for example). US agriculture futures declined...
by Terry Reilly | May 21, 2021
PDF attached CFTC Commitment of Traders Fund estimates for the net long corn position were way off the target with traditional funds net long 76,600 contracts more than expected. Note producers/end users were heavy net buyers for the week ending...
by Terry Reilly | May 21, 2021
PDF attached Good morning. End of week profit taking in corn and ongoing selling in the soybean complex & wheat is seen this morning. WTI crude, up $1.40, could limit losses. China is expected to wind down their recent buying spree of new-crop...
by Terry Reilly | May 20, 2021
PDF attached Good morning. USDA reported 1.224 million tons of corn under the 24-hour sales. Today we are seeing some technical rebound in corn and Chicago wheat. USDA new-crop corn sales were over 4 million tons. HRW wheat pressured by...
by Terry Reilly | May 20, 2021
PDF attached USDA export sales New-crop corn sales were likely a record for around this time of year at 4,061,800 MT and were primarily for China (3,740,000 MT) and Mexico (199,800 MT). Old crop sales for corn and soybeans continue to wane with corn at...
