by Terry Reilly | Mar 23, 2023
PDF attached foreign prices and daily estimate of funds Good morning. USD is slightly higher, WTI crude lower and US equities pointing towards a higher open. USDA export sales were a marketing year high for corn and soybean oil. Soybeans, meal and wheat...
by Terry Reilly | Mar 23, 2023
PDF attached US Initial Jobless Claims Mar 18: 191K (exp 198K; prev 192K) Continuing Claims Mar 11: 1694K (exp 1691K; prev 1684K) US Current Account Balance (USD) Q4: -206.8B (exp -213.3B; PREV -217.7.1B) US Chicago Fed National Activity Index Feb: -0.19 (exp...
by Terry Reilly | Mar 22, 2023
PDF Attached FOMC Hikes By 25Bps; Target Range Stands At 4.75% – 5.00% – Interest Rate On Reserves Balances Raised By 25Bps To 4.90% Attached are our US corn and wheat S&D’s. USDA: Private exporters reported sales of 178,000...
by Terry Reilly | Mar 22, 2023
PDF attached US weekly ethanol production fell 17,000 barrels to 997,000, lowest since January 6, and stocks decreased 206,000 barrels to 26.188 million. For comparison, a Bloomberg poll looked for weekly US ethanol production to be up 8,000 thousand and...
by Terry Reilly | Mar 22, 2023
PDF attached Good morning. US Fed rate decision today. Expectations are for an increase of +.25 to 4.75-5% Fed targe. USD was lower earlier, WTI crude near unchanged, and US equities mostly lower. Inflation remains a concern for major global economies....
