FI Evening Grain Comments 11/09/21

FI Evening Grain Comments 11/09/21

PDF Attached   Wide trade in the agriculture markets after USDA released their November S&D updates.  January soybeans traded in a 59.50 cent range, December corn in a 16.25 range and December Chicago wheat in an 18.75 cent range.  Post report...
FI Grain Market Update 11/09/21

FI Grain Market Update 11/09/21

PDF attached   USDA released their November S&D and crop production reports    Reaction:  Bullish out of the gate.  We think traders oversold the market over the last week in anticipation for higher corn and soybean yields that likely...
FI Morning Grain Comments 11/09/21

FI Morning Grain Comments 11/09/21

PDF attached   Good morning   We are seeing a widespread internet outage across the US but unsure if this will affect major operations, including USDA services.  Grains and the soybean complex are mostly higher on technical buying.  There were a...
FI Evening Grain Comments 11/08/21

FI Evening Grain Comments 11/08/21

PDF Attached   Lower trade in soybeans, meal and oil.  Corn was also lower.  Good US harvesting weather and positioning pressured prices.  Wheat traded higher.  We are hearing some US producers are giving up on planting winter wheat across the...
FI Morning Grain Comments 11/08/21

FI Morning Grain Comments 11/08/21

PDF attached   Good morning   USDA: Private exporters reported sales of 150,000 metric tons of corn for delivery to Colombia during the 2021/2022 marketing year.   Mixed trade today with soybeans and meal lower and soybean oil mixed.  Corn is lower...