by Terry Reilly | Jun 1, 2023
4 PDF’s attached, FI and USDA As a result of a higher-than-expected crush, crude oil stocks are highest since at least 2015. Soybean meal stocks were also well above not only this time of year, but for any month. Corn for ethanol use of 416...
by Terry Reilly | Jun 1, 2023
PDF attached Weekly EIA US ethanol production was up 21,000 barrels per day to 1.004 million barrels, highest since 4/14, and stocks increased for the first time in 6 weeks by 291,000 barrels to 22.332 million. For reference, a Bloomberg poll looked for...
by Terry Reilly | May 31, 2023
PDF Attached Month end. Follow through selling in ags in part to lower outside markets that was kicked off by poor manufacturing China economic data eventually dried, and short covering pared many losses. The USD was up 19 points earlier and WTI crude oil $1.40...
by Terry Reilly | May 31, 2023
PDF Attached Good morning. Month end. Follow through selling, poor manufacturing China economic data, and ample global grain supplies are weighing on CBOT ags. The USD was up 25 points earlier and WTI crude oil $2.19 lower. Week to date...
by Terry Reilly | May 30, 2023
PDF Attached FI crop progress tables will be related Tuesday as I am out of the office. US corn planting 92% (exp 92%) 84% 5yr avg US corn 69% G/E (exp 71%) 73% yr ago US soybean planting 83% (exp 82%) 65% 5yr avg US spring wheat planting 85% (exp 82%)...
