by Terry Reilly | Sep 19, 2022
PDF attached Good morning. Private exporters reported sales of 136,000 metric tons of soybeans for delivery to China during the 2022/2023 marketing year. USD is higher, US equities lower and WTI is down more than $2.70/barrel. The bearish...
by Terry Reilly | Sep 16, 2022
PDF attached CFTC Commitment of Traders Funds were less long than expected for Chicago wheat. The other 4 major commodities came in near expectations. As of Friday, wheat is the only commodity net short for traditional funds. ...
by Terry Reilly | Sep 16, 2022
PDF Attached CFTC COT and funds will be sent out in a separate email. Soybeans and meal traded lower Friday in part to seasonal harvest pressure. Soybean oil was very strong from product spreading and tight US stocks reported yesterday by NOPA. Grain and...
by Terry Reilly | Sep 16, 2022
PDF attached Good morning. Keep an eye on comments from Russia and Turkey as they are meeting at the SCO summit in Uzbekistan. Grains are lower on ongoing global demand concerns. The temporary agreement to avoid a US railroad strike increased producer...
by Terry Reilly | Sep 15, 2022
PDF Attached Early this morning the Biden administration announced the US railroads and unions made a tentative deal after 20 hours of intense talks, according to Reuters. The deal goes to the unions to be voted on. But even if the votes do not go through, a...
