by Terry Reilly | Nov 9, 2022
PDF Attached USDA updated their S&D’s and corn and soybean production for the US was upward revised. CBOT agriculture markets ended mixed. Soybeans and soybean oil were higher, meal lower and grains lower. Most markets traded two-sided. WTI crude oil...
by Terry Reilly | Nov 9, 2022
PDF Attached USDA released their November S&D report Reaction: initially bearish soybeans and lessor extend grains. Largest surprise to us was the US soybean and corn yield/production estimate, both increasing from the previous month. The corn yield...
by Terry Reilly | Nov 9, 2022
PDF attached + USDA reports Terry Reilly Senior Commodity Analyst – Grain and Oilseeds Futures International One Lincoln Center 18 W 140 Butterfield Rd. Oakbrook Terrace, Il. 60181 W: 312.604.1366 treilly@futures-int.com...
by Terry Reilly | Nov 9, 2022
PDF attached US weekly EIA ethanol production for the week ending November 4 increased 11,000 barrels to 1.051 million, up 6 consecutive weeks, and highest since January 14th, 2022. Ethanol stocks declined 40,000 barrels to 22.192 million. For comparison, a...
by Terry Reilly | Nov 9, 2022
PDF attached Good morning. Thin volume in US CBOT agriculture markets. Soybeans, corn and wheat are lower from a higher USD and positioning ahead of the USDA report. Meal is gaining on soybean oil. Palm oil traded sharply lower overnight. WTI crude oil...
