by Terry Reilly | Feb 1, 2023
PDF attached Good morning. USD was lower by 35 points, stocks lower, and WTI crude oil higher by 42 cents. Traders are looking for a 25-point interest rate hike by the US Fed this afternoon. Nearby soybeans turned lower ahead of the electronic close....
by Terry Reilly | Jan 31, 2023
PDF Attached Grains and the soybean complex saw a two-sided trade today. After rallying yesterday, some profit taking in meal and corn occurred. Soybean oil rallied on product spreading and higher WTI crude oil. US wheat was higher led by fund buying for...
by Terry Reilly | Jan 31, 2023
PDF attached Good morning. US Fed meets today. Traders are looking for a 25-point rate hike on Wednesday. Global economic concerns are pressuring many commodities this morning. The USD turned lower, WTI crude oil lower and US equity futures now higher....
by Terry Reilly | Jan 30, 2023
PDF attached USDA US all-wheat export inspections as of January 26, 2023 were 445,433 tons, within a range of trade expectations, above 349,393 tons previous week and compares to 376,744 tons year ago. Major countries included Japan for 98,381...
by Terry Reilly | Jan 27, 2023
PDF attached CFTC Commitment of Traders Funds were more long for corn and soybeans and less long than expected for soybean oil. Index funds were active building onto their net long positions. No major surprises. ...
