by Terry Reilly | Feb 23, 2023
PDF attached EIA reported US ethanol production at 1.029 million barrels, up 15,000 barrels from the previous week and stocks at 25.588 million barrels, up 249,000 barrels from previous week and highest since early April 2022. For comparison, a Bloomberg poll...
by Terry Reilly | Feb 23, 2023
PDF attached includes USDA grain outlook S&D’s Good morning. USDA’s Agricultural Outlook Forum (AOF) started this morning. https://www.usda.gov/oce/ag-outlook-forum/commodity-outlooks USDA’s outlook for 2023...
by Terry Reilly | Feb 22, 2023
PDF Attached Higher USD, sharply lower WTI crude oil, and other widespread commodity selling triggered profit taking in US agriculture markets. Soybean oil ended mixed. Daily estimate of funds Weather Light rain will favor Cordoba, Santa Fe, Entre...
by Terry Reilly | Feb 22, 2023
PDF attached Good morning. USD is slightly lower and WTI off 30 cents. FED will release minutes later today. The soybean complex is lower on technical selling, but losses are limited on SA weather worries. Some estimates for Argentina soybean production...
by Terry Reilly | Feb 21, 2023
PDF Attached. Funds were NA at the time this was sent. After a one-day holiday for the US, CBOT soybeans surged on SA weather concerns. Several traders cited Argentina will not see enough rain this week. Argentina’s southern and parts of central growing...
