by Terry Reilly | Mar 31, 2021
PDF Attached Bullish USDA Prospective Plantings report sent soybeans, soybean oil and corn limit higher for both crop years. Limits in corn expand to 40 cents. Since at least one commodity in the soybean complex ended limit higher, the other two...
by Terry Reilly | Mar 31, 2021
PDF attached USDA released their March grain stocks and planting intentions reports. Reaction: Bullish Limit up soybeans and corn Acreage for the 7 major row crops came in less than expected and missed trade expectations by 3.5...
by Terry Reilly | Mar 31, 2021
PDF attached May synthetics Corn 565.75 Soybeans 1447.25 Bearish prospective plantings report overshadows March 1 stocks (no big surprises other than more beans for trade to crush/export than expected). We think the bullish undertone will soon...
by Terry Reilly | Mar 31, 2021
PDF attached Weekly US ethanol production was up 43,000 barrels (trade looking for 12k) from the previous week and stocks off a large 695,000 barrels (trade looking for 62k increase). We see no influence on CBOT corn prices based on the recent...
by Terry Reilly | Mar 31, 2021
PDF attached Good morning and happy USDA report day! 93.2 million corn and 90 million soybeans are the two estimates traders will be most focused on this morning, but remember stocks for soybeans, corn and wheat will be important for old crop as it will...
