by Terry Reilly | May 19, 2021
PDF attached includes cash crush margins that currently don’t reflect the true cash market due to volatility in corn prices. Weekly US ethanol production increased a large 53,000 barrels to 1.032 million (trade was looking for up 4,000 barrels), largest...
by Terry Reilly | May 19, 2021
PDF attached Good morning. Rain fell across the US WCB, far western Great Plains and southern Great Plains over the past 24 hours, easing some concerns over lack of topsoil moisture. A small part of the ECB picked up on rain. Wheat Quality...
by Terry Reilly | May 18, 2021
PDF Attached Attached are our China, Brazil and Argentina corn balance sheets. WASHINGTON, May 18, 2021—Private exporters reported to the U.S. Department of Agriculture export sales of 1,360,000 metric tons of corn for delivery to China during the...
by Terry Reilly | May 17, 2021
PDF Attached US soybean rationing is now a reality with April NOPA crush lower than expected. New crop US plantings and conditions are running at favorable levels. Expect some selloff this week amid good weather. USDA 24-Hour...
by Terry Reilly | May 7, 2021
PDF Attached Another impressive upside run in CBOT agriculture markets, with exception of oats declining on the day. When will this market peak? We think it still has some upside early next week up through the USDA May 12 S&D report, at...
