FI Weekly USDA Export Sales Snapshot 08/04/22

FI Weekly USDA Export Sales Snapshot 08/04/22

PDF attached   Export sales for soybeans on a combined crop year basis were within expectations with 2022-23 net increases including unknown destinations (154,000 MT), China (144,000 MT), Bangladesh (55,000 MT), and Mexico (44,100 MT). Soybean meal sales improved...
FI Evening Grain Comments 08/03/22

FI Evening Grain Comments 08/03/22

PDF Attached   Private exporters sales of 135,000 metric tons of soybean cake and meal for delivery to Poland during the 2022/2023 marketing year.   Not much change to the fundamentals other than another increase in global export demand. Corn closed higher...
FI US Ethanol Snapshot 08/03/22

FI US Ethanol Snapshot 08/03/22

PDF attached   EIA reported a build in WTI crude oil inventories while the trade was looking for a draw. That sent WTI lower at 9:30 am CT, pressuring CBOT ag related markets.   US DoE Crude Oil Inventories (W/W) 29-Jul: +4.467M (est -1.500M; prev -4.523M)...
FI Morning Grain Comments 08/03/22

FI Morning Grain Comments 08/03/22

PDF attached   Good morning.   Not much change to the fundamentals. The US weather outlook is largely unchanged over the short term for the Great Plains, slightly better for the Midwest and Canadian Prairies, while unchanged for the Delta. The second week of...
FI Evening Grain Comments 08/02/22

FI Evening Grain Comments 08/02/22

PDF Attached   Selected commodity price index from Jan 1     The US weather outlook this morning was mostly unchanged, but the midday turned hotter for the 11-15 day bias Midwest. The midday GFS model increased rainfall for the southwestern Great Plains...