by Terry Reilly | Dec 15, 2022
PDF Attached USDA: Private exporters reported sales of 101,600 metric tons of corn for delivery to Mexico. US dollar was very strong today, WTI crude lower at the time CBOT ags closed, and US equities were down sharply. Gold was lower. Most of...
by Terry Reilly | Dec 15, 2022
PDF attached Good morning. USDA: Private exporters reported sales of 101,600 metric tons of corn for delivery to Mexico. USD is strong, WTI crude lower and US equity futures lower. Gold is lower. Soybean oil is under pressure from...
by Terry Reilly | Dec 14, 2022
PDF Attached Mixed trade in the soybean complex. It was lower earlier on talk of improving South American weather until a rally in meal limited losses in soybeans. Grains finished mixed. The Fed increased rates by 50 points, as expected. News for the ags has...
by Terry Reilly | Dec 14, 2022
PDF attached US ethanol production for the week ending December 9 decreased 16,000 barrels (BB estimate was calling for down 16k) to 1.061 million barrels per day and stocks increased a large 1.152 million barrels (Est. +32k) to 24.409 million. Production over...
by Terry Reilly | Dec 14, 2022
PDF attached Good morning. Next major economic event will come from the FOMC rate decision later today. https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm WTI crude oil is higher and USD lower. News is about the same for the agriculture...