by Terry Reilly | Feb 18, 2021
PDF attached Weekly US ethanol production last week was off 26,000 barrels to 911,000 barrels (trade was looking down 17,000) and stocks were up 501,000 barrels to 24. (trade 48,000 increase) from the previous week. Ethanol production was lowest since...
by Terry Reilly | Feb 17, 2021
PDF attached Morning. CBOT soybean futures are mixed, supported earlier from higher soybean oil following a good rally in palm on supply concerns, but since then soybean oil sold off. Meal traded mixed late in the overnight session. Palm...
by Terry Reilly | Feb 16, 2021
PDF attached NOPA crush was seen supportive for the soybean complex. CBOT futures were initially higher led by wheat from the extreme winter weather conditions and widespread commodity buying. Outside energy markets provided additional support to US...
by Terry Reilly | Feb 10, 2021
PDF attached US weekly ethanol production increased 1,000 barrels per day while stocks dropped a large and unexpected 520,000 barrels. Note stocks were up 714,000 barrels for the previous week, so the change this week is viewed as a slight correction, in...
by Terry Reilly | Feb 10, 2021
PDF attached Morning. Lower prices seen on slowing Chinese buying of major agriculture goods ahead of their long Chinese New Year holiday. We heard they did buy one Brazilian June shipment and one March shipment. Some follow through selling...
