FI Morning Grain Comments 05/11/23

FI Morning Grain Comments 05/11/23

PDF attached   Good morning.    Under the 24-hour reporting system, USDA reported private exporters sold 132,000 tons of soybeans for delivery to unknown destinations during the 2023-24 marketing year.   Brazil Conab raised their production...
FI US Ethanol Snapshot 05/10/23

FI US Ethanol Snapshot 05/10/23

PDF attached   ·         The US weekly EIA ethanol data was viewed negative for US corn futures. ·         Weekly US ethanol production decreased 11,000 barrels per day...
FI Morning Grain Comments 05/10/23

FI Morning Grain Comments 05/10/23

PDF attached   Good morning.    US CPI was viewed supportive for US equities and selected commodity markets. WTI crude oil was down 11 cents, USD 38 points lower and US equities higher. Overall news is light outside palm oil headlines. Traders are...
FI Evening Grain Comments 05/09/23

FI Evening Grain Comments 05/09/23

PDF Attached   USDA: Private exporters reported the cancellation of sales of 272,000 metric tons of corn for delivery to China during the 2022/2023 marketing year.   USD was higher by 22 points and WTI crude oil was up 41 cents. Rapid US planting progress...
FI Morning Grain Comments 05/09/23

FI Morning Grain Comments 05/09/23

PDF attached   Good morning.    USDA: Private exporters reported the cancellation of sales of 272,000 metric tons of corn for delivery to China during the 2022/2023 marketing year.   The White House will address the US debt ceiling later today....