by Terry Reilly | Apr 21, 2021
PDF Attached Follow-thru buying from yesterday derived from US planting delays, South American weather, and US Corn Belt wintery weather. Option activity was heavy, many call spreads traded which are thought to be new longs for the buyers and roll ups for...
by Terry Reilly | Apr 21, 2021
PDF attached US ethanol production was unchanged from the previous week and stocks declined 71,000. Traders were looking for higher production and slightly lower stocks. Terry Reilly Senior Commodity Analyst...
by Terry Reilly | Apr 17, 2021
PDF Attached Soybean/corn and soybean/Chicago wheat spreading along with higher soybean oil underpinned the soybean market bias the nearby contracts to the upside. November soybean/December corn ratio Source: Reuters and FI ...
by Terry Reilly | Apr 17, 2021
PDF attached CFTC Commitment of Traders Traditional funds futures only net long for corn was not a record for the week ending 4/13 as the net long position fell short of estimates by a large 47,900 contracts. Traditional funds for corn futures only were net...
by Terry Reilly | Apr 16, 2021
PDF attached Good morning. Higher trade for the end of the week in most CBOT agricultural contracts (meal lower). Corn is on track to the end the week three consecutive weeks higher and Chicago wheat two consecutive weeks higher. Soybean oil is...
