by Terry Reilly | Nov 4, 2022
PDF Attached The USD gave back 219 points by 3:15 pm CT after a sharp rise on Thursday. This move today lifted US agriculture futures higher. More jobs were added in the US during the month of October. WTI crude oil was very strong, up $4.38. China was in...
by Terry Reilly | Nov 4, 2022
PDF attached Traditional funds missed the net short position for Chicago wheat. Thinking it was net long 10,100 contracts, it was reported net short about 16,000 contracts. CFTC reported money managers added long positions for the third consecutive week. ...
by Terry Reilly | Nov 4, 2022
PDF attached Good morning. The USD gave back 128 points this morning after a sharp rise on Thursday. This is lifting US agriculture futures higher. More jobs were added in the US during the month of October. WTI crude oil is very strong, up more than...
by Terry Reilly | Nov 3, 2022
PDF Attached The US dollar was up 151 points as of 2:10 pm CT. This pressured many commodity markets, including soybeans and corn. Meal was sharply lower from soybean oil/meal spreading. Wheat traded two-sided, ending mostly lower. Some traders were bottom...
by Terry Reilly | Nov 3, 2022
PDF attached Good morning. The US dollar is on fire this morning after Federal Reserve’s Powell late on Wednesday indicated it may take time to slow the pace of rate increases. The large more in the USD by 160 points is sending most commodity...
