FI Morning Grain Comments 08/25/22

FI Morning Grain Comments 08/25/22

PDF attached   Good morning.   USDA export sales data is delayed due to USDA rolling out a new webpage.   Pro Farmer suggests lower yields relative to USDA for IL and western IA. Wheat and soybean prices are lower while corn is higher. The US Midwest...
FI Evening Grain Comments 08/24/22

FI Evening Grain Comments 08/24/22

PDF Attached   Chinese demand for US soybeans amounts to at least 627k this week with USDA sales. We hear they were back in this morning. Private exporters reported sales of 517,000 metric tons of soybeans for delivery to China during the 2022-23 marketing year....
FI US Ethanol Snapshot 08/24/22

FI US Ethanol Snapshot 08/24/22

PDF attached   Weekly US ethanol production increased 4,000 barrels to 987 million (trade was looking for up 7k) and stocks increased 361,000 barrels to 23.807 million (trade estimated a 177,000-barrel decline).  Stocks are largest since May 6, 2022....
FI Morning Grain Comments 08/24/22

FI Morning Grain Comments 08/24/22

PDF attached   Good morning.   Chinese demand for US soybeans total at least 627k this week. USDA: Private exporters reported sales of 517,000 metric tons of soybeans for delivery to China during the 2022/2023 marketing year.   CBOT agriculture futures...
FI Evening Grain Comments 08/23/22

FI Evening Grain Comments 08/23/22

PDF Attached adds updated FI estimates for US S&D’s, and revises corn, soy and wheat price forecasts for Nov/Dec   Futures prices for the soybean complex and grains rallied on US yield concerns. We are concerned for the long term, for global production,...