by Terry Reilly | Nov 29, 2021
PDF Attached Higher than expected Australian wheat, barley and canola estimates kicked off selling for the day session. Wheat was the first agricultural commodity to turn lower. Australia estimated a record wheat and canola crop and second highest barley crop....
by Terry Reilly | Nov 29, 2021
PDF attached Commitment of Traders Chicago wheat net long position came in much less long than expected for the week ending November 23. The net long position for soybeans, meal and oil were more long than expected. We don’t see much in the...
by Terry Reilly | Nov 29, 2021
PDF attached Soybean inspections were good with China taking 1.385 million tons. China took nearly 93,000 tons of corn. Inspections need to improve in order to reach USDA’s targets for corn, soybeans and wheat. USDA inspections...
by Terry Reilly | Nov 29, 2021
PDF attached Good morning Unless we see global shipments slow, we think business as usual for the agriculture markets. CBOT corn is lower on lack of fresh news and wheat higher on global demand and technical buying as traders shrugged off the negative...
by Terry Reilly | Nov 26, 2021
PDF Attached Widespread selling today led by equity and energy markets. But some selected agriculture markets paired losses, such as corn and Minneapolis wheat by late morning trading (CT time). The CBOE VIX was up 53% by 10:35 am CT but settled down by noon...
