by Terry Reilly | Mar 24, 2021
PDF attached Weekly US ethanol production fell a large 49,000 barrels to 922,000 (trade was looking for 3,000-barrel increase) and stocks increased 469,000 barrels to 21.809 million (trade was looking for 12,000 increase). The unexpected drop in...
by Terry Reilly | Mar 24, 2021
PDF attached Morning. CBOT soybeans are higher again in part to a rebound in WTI crude oil despite a higher USD. Crush margins are a little softer. CBOT soybean meal was higher and SBO trading lower. Palm oil traded 7 MYR lower. ...
by Terry Reilly | Mar 19, 2021
PDF Attached Attached is a revised US corn balance and US area. See text for changes in the corn section. USDA announced 800,000 tons of corn for China 2020-21 delivery. CBOT soybean complex and corn rebounded after getting hammered...
by Terry Reilly | Mar 19, 2021
PDF attached CFTC Commitment of Traders Misses this week between trade estimates and actual CFTC data may not have a impact on Sunday’s CBOT open. Corn was not as long as expected but the net long position for traditional funds and managed money...
by Terry Reilly | Mar 18, 2021
PDF Attached Widespread commodity selling sent US commodity markets lower. Concerns of rising Covid-19 cases outside the US emerged this week. We heard Paris was going back on partial lockdown. Poland and Italy are seeing new lockdowns. The...
