by Terry Reilly | Mar 7, 2021
Opening Calls: Soybeans 6-10 higher Soybean meal $1.50-3.50 higher Soybean oil 30-60 points higher Corn 4-6 cents higher Chicago Wheat 2-5 higher Argentina appeared to be completely dry over the weekend while Brazil’s waterlogged Mato Grosso saw...
by Terry Reilly | Mar 4, 2021
PDF Attached includes updated US soybean complex S&D’s. We lowered the SBO for biodiesel outlook for 2021-22 given the amount of renewable diesel coming online. No other major changes in this update but we did pass a monthly forecast for SBO and SBM...
by Terry Reilly | Mar 4, 2021
PDF attached Morning. Grains saw some selling from poor USDA export sales. Excellent soybean product shipments added some support to the soybean complex. USD and WTI crude are higher. Powell set to speak later today. ...
by Terry Reilly | Mar 4, 2021
PDF attached USDA export sales Corn export sales fell well short of expectations for old and new crop. USDA noted for corn “Increases primarily for China (1,054,700 MT, including 1,046,000 MT switched from unknown destinations and decreases of 3,000...
by Terry Reilly | Mar 3, 2021
PDF Attached Weaker Brazilian real weighed on soybeans and corn in the US as South American exports become more attractive. Wheat fell on uninspiring demand prospects for US exports. Argentina weather watched as hot and dry conditions persist. ...
