by Terry Reilly | Apr 28, 2023
PDF Attached Good morning. USD was 57 points higher, WTI crude up 59 cents and US equities lower. Later today EIA may release biofuel February production and Monday NASS will update US March crush which we expect to be a record for the month. Some...
by Terry Reilly | Apr 27, 2023
PDF attached Good morning. USDA: Private exporters reported the cancellation of sales of 233,000 metric tons of corn for delivery to China during the 2022/2023 marketing year. Post US GDP and initial claims, USD was 18 points higher, WTI...
by Terry Reilly | Apr 27, 2023
PDF attached US GDP Annualized (Q/Q) Q1 A: 1.1% (est 1.9%; prev 2.6%) US Core PCE (Q/Q) Q1 A: 4.9% (est 4.7%; prev 4.4%) US Personal Consumption Q1 A: 3.7% (est 4.0%; prev 1.0%) US GDP Price Index Q1 A: 4.0% (est 3.7%; prev 3.9%) US Initial Jobless...
by Terry Reilly | Apr 26, 2023
PDF attached US ethanol production dropped a large 57,000 barrels to 967,000 and stocks decreased 987,000 barrels to 24.306 million. A poll looked for a 18,000 decline in output and stocks to increase 18,000. Ethanol production is down on average 9,000...
by Terry Reilly | Apr 26, 2023
PDF attached Good morning. USD was down 51 points, WTI crude off 67 cents and US equities higher (tech leading). The weaker USD and Ukraine/Russia conflict is supporting wheat along with technical buying after nearby Chicago recently hit a 21-month...
