by Terry Reilly | Jan 9, 2023
PDF attached Good morning Busy week ahead with USDA reports Thursday. Also, on that day the US CPI will be released, giving the trade a glimpse of how much the Fed may increase interest rates in February. Export inspections are due out later this morning...
by Terry Reilly | Jan 6, 2023
PDF attached CFTC Commitment of Traders Corn was a surprise with a much longer than estimated net long position for the week ending January 3. This explains some of the heavy selling on Wednesday and Thursday when grains sold off. Soybeans and soybean oil were...
by Terry Reilly | Jan 6, 2023
PDF attached Good morning USDA reported private exporters sales activity: -112,000 metric tons of corn for delivery to Mexico. Of the total, 89,600 metric tons is for delivery during the 2022/2023 marketing year and 22,400 metric tons is for delivery...
by Terry Reilly | Jan 6, 2023
PDF attached US Change In Non-Farm Payrolls Dec: 223K (exp 202K, R prev 256K) – Unemployment Rate Dec: 3.5% (exp 3.7%, R prev 3.6%) – Average...
by Terry Reilly | Jan 5, 2023
PDF Attached Attached are our US S&D’s. US jobless claims came in lower than expected. US payroll figures and USDA export sales are due out on Friday. WTI crude rebounded, and USD was sharply higher. Soybeans and soybean oil closed lower while meal...
