by Terry Reilly | Oct 11, 2022
PDF attached Good morning. US agriculture markets are mostly lower following weakness in outside related markets and selected overnight EU and Asian agriculture futures. USD was 14 points lower earlier, WTI $1.39 lower and US equities pointing towards a...
by Terry Reilly | Oct 10, 2022
PDF Attached Developing: Reports Railroad Union Has Rejects The Tentative Labor Deal Backed By US Pres. Biden. This raises a potential rail strike. Grains were up sharply on Black Sea shipping concerns despite a higher USD and lower WTI crude oil...
by Terry Reilly | Oct 10, 2022
PDF attached Good morning. USD is higher and WTI down about 67 cents. US government offices and banks are closed today for Columbus Day. US export inspections and crop progress will be released Tuesday. Wheat is up sharply after missile strikes in...
by Terry Reilly | Oct 9, 2022
PDF Attached Calls for tonight vary on Black Sea trade concerns and US harvest weather. We have a lower bias for the soybean complex and grains after the rally on Friday. For now, we are looking at soybeans 3-5 lower, corn 1-3 lower and wheat 3-6...
by Terry Reilly | Oct 9, 2022
PDF attached CFTC Commitment of Traders Funds were not as long as expected as of last Thursday. The selling in wheat this week put the estimated net long position for Chicago in negative territory. Terry...
