by Terry Reilly | Feb 8, 2023
USDA PDF and FI PDF attached USDA didn’t lower Argentina corn and soybean production as much as the trade estimated. US crush down 15 million. US ethanol off 25. US soybean stocks 225 vs. 210 last month (15), 14 million vs. trade US corn stocks 1267 vs. 1242...
by Terry Reilly | Feb 8, 2023
PDF attached US weekly ethanol production fell 28,000 barrels per day to 1.0 million barrels (traders looked for a 11k decline) and stocks fell 25,000 barrels to 24.417 million barrels (trade average was looking for up 572k). US ethanol production is still up...
by Terry Reilly | Feb 8, 2023
PDF attached Good morning. USDA report day. CBOT soybeans are higher led by a rebound in soybean meal from a reversal in product spreading. Conab raised their estimate of the Brail soybean crop by 200,000 tons to 152.9 million, 400,000 tons below trade...
by Terry Reilly | Feb 7, 2023
PDF Attached Wednesday is USDA report day. FI pre-report snapshot is attached. Heavy rains across Brazil are starting to concern the trade as harvesting progress lags from this time year ago. Soybeans, however, basis the nearby positions closed lower on...
by Terry Reilly | Feb 7, 2023
PDF attached Good morning. Stats Canada was seen supportive for high protein wheat and canola. Wednesday is USDA report day. Heavy rains across Brazil are starting to concern the trade as harvesting progress lags from this time year ago. This is...
