Please note I will be out of the office Monday but will have a light morning comment and late afternoon update on weekly crop progress.
2 files attached (Oi and current registrations) plus tables below that include inspections and CP estimates
Early Sunday calls:
Soybeans 3-5 higher
Soybean oil 10-30 points higher
Meal steady higher
Corn steady higher
Wheat mixed to higher
Parts of the upper Great Plains saw net drying over the weekend. Other areas of the US received scattered shows with amounts ranging from nothing to up to 1.5″, local isolated heaviest. More rain is needed to reverse the drought trend for the Midwest. 6-10 day looks a little drier for the Midwest as of early Sunday afternoon.
Egypt seeks vegetable oil on June 13 for July 20-August 5 arrival. There are also in for a small amount of local vegetable oils.
There were no changes in registrations
MPOB is due out late Sunday evening (NA time)
| Terry Reilly Senior Commodity Analyst – Grain and Oilseeds |
| Futures International One Lincoln Center 18W140 Butterfield Rd. Suite 1450 Oakbrook terrace, Il. 60181 |
| Work: 312.604.1366 ICE IM: treilly1 Skype IM: fi.treilly |
| treilly@futures-int.com
|
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Section03_Agricultural_Futures061123.pdf
deliverable-commodities-under-registration061123.xls