by Terry Reilly | Oct 7, 2022
PDF attached Good morning. US Change In Nonfarm Payrolls Sep: 263K (est 255K; prev 315K) US Unemployment Rate Sep: 3.5% (est 3.7%; prev 3.7%) US Average Hourly Earnings (M/M) Sep: 0.3% (est 0.3%; prev 0.3%) US Average Hourly Earnings (Y/Y) Sep: 5.0% (est...
by Terry Reilly | Oct 6, 2022
PDF Attached US Midwest weather conditions will remain drier than normal. The southern Great Plains will remain on the drier side over the next week while the central and northern areas will see scattered showers. Conab estimates for Brazil were large:...
by Terry Reilly | Oct 6, 2022
PDF attached Good morning. Lower trade in all CBOT agriculture markets on widespread commodity spreading and higher USD. Conab reported robust Brazil production estimates for the upcoming corn & soybean production and current wheat crop. We warn La...
by Terry Reilly | Oct 6, 2022
PDF attached US Initial Jobless Claims Oct 1: 219K (est 204K; prev 193K) US Continuing Claims Sep 24: 1361K (est 1350K; prev 1347K) USDA Export Sales Corn and wheat export sales were below and at the low end of expectations, respectively. China slowed US...
by Terry Reilly | Oct 5, 2022
PDF Attached OPEC+ meeting this morning put a bid back into crude after the cartel decided to cut production by 2 million bpd. The driver for the cut was the reduced global oil price since June on weaker demand. USD reversed to the upside as the...
