by Terry Reilly | Mar 2, 2023
PDF Attached Argentina crop concerns sent soybeans higher. Wheat was higher mainly on technical buying. Corn ended mixed led by bear spreading. Black Sea shipping concerns have been supportive. Negotiations are underway. There were no USDA 24-hour sales. US...
by Terry Reilly | Mar 1, 2023
PDF Attached New month/new money. The soybean complex rallied today from technical buying. Rumors (for the second time today) of Chinese soybean interest added to the strength in soybeans but could not be verified. Earlier we heard China bought US corn. Soybean...
by Terry Reilly | Mar 1, 2023
USDA and FI PDF’s (5 in all) attached + annual revision table below for soybean crush and SBO stocks. USDA NASS reported corn for ethanol use was 444 million bushels during the month of January, above an average trade guess of 437 million and below...
by Terry Reilly | Mar 1, 2023
PDF attached Good morning. First day of meteorological spring. New month/new money. Soybeans are higher on rumors China bought US PNW soybeans, but some said they washed US cargoes and bought Brazil origin. Yesterday we heard China may sell back 1.0...
by Terry Reilly | Feb 28, 2023
PDF Attached We heard China’s Sinograin may sell back a million tons of soybeans back to Argentina crushers. Soybean meal and soybeans were under a good amount of pressure today. Soybean oil was lower, but losses limited on higher WTI crude oil....
