by Terry Reilly | Jun 19, 2023
PDF Attached Higher call seen for corn and soybeans, wheat to lose ground against those committees. Hard to call it, IMO, after a three-day US holiday weekend, but have a bias for a north open. LT, we see fund net long rebuilding across the ag space. CFTC COT...
by Terry Reilly | Jun 16, 2023
PDF Attached US Markets will reopen Monday night. USD was up 19 points and WTI $1.06 higher. Another strong rally in CBOT ags on follow through buying from a dry US & EU weather outlook, good US demand and ongoing Black Sea shipping concerns....
by Terry Reilly | Jun 16, 2023
PDF attached Good morning. Week to date USD was up 7 points and WTI 59 cents higher. Ahead of a three day weekend, US grains and the soybean complex are higher on follow through buying over dry US weather concerns and higher outside grain...
by Terry Reilly | Jun 15, 2023
PDF Attached USD was down 79.6 points and WTI higher by $2.35/bbl. NOPA’s May crush for 95 percent of US processors was larger than expected, but they added a new member for the IA region. US soybean oil stocks came in well below expectations and that supported...
by Terry Reilly | Jun 15, 2023
PDF attached The NOPA crush report was friendly for the soybean complex. NOPA US crush for May was a record for the month at 177.9 million bushels, 2 million above the average trade guess of 175.88 million, 4 million above April but down 0.6 percent on a daily...
