FI Morning Grain Comments 08/02/22

FI Morning Grain Comments 08/02/22

PDF attached   Good morning.   The US weather outlook is mostly unchanged. Grains, soybeans and soybean oil are lower after USDA reported better than expected crop conditions and resumption of Ukraine grain shipments. Soybean meal is strong, perhaps on...
FI Evening Grain Comments 08/01/22

FI Evening Grain Comments 08/01/22

PDF Attached include three/four NASS updates (US flour milling up 1% from Q1)   Calls: Soybeans 10-15 lower Soybean meal $1.50-3.00 lower Soybean oil 50-100 lower Corn 4-8 lower Chicago wheat 5-10 lower KC wheat 5-10 lower MN wheat 7-12 lower   US crop...
FI Morning Grain Comments 08/01/22

FI Morning Grain Comments 08/01/22

PDF attached   Good morning.   Despite and sharply lower USD and outlook for US crop conditions to decline, the lower trade in CBOT US agriculture markets appears to be related to ok US Midwest rains over the weekend, Ukraine resumption of grain shipments,...
FI early opening calls

FI early opening calls

Weather should be the motive for the start of the week. Rains were more localized across the central Midwest over the weekend, IMO, and further south than expected (but needed).  Heat about to dominate the Midwest and upper Midwest, and upper Midwest & WCB...