FI Evening Grain Comments 05/23/22

FI Evening Grain Comments 05/23/22

PDF Attached   Looking for a steady to easier open tonight. This morning private exporters reported sales of 130,000 metric tons of soybeans for delivery to Egypt during the 2021/2022 marketing year.    USD was sharply lower (down 100+ points by 1:55 pm...
FI Morning Grain Comments 05/23/22

FI Morning Grain Comments 05/23/22

PDF attached   Good morning.   Private exporters reported sales of 130,000 metric tons of soybeans for delivery to Egypt during the 2021/2022 marketing year.   USD is sharply lower. Most markets are in the green on technical buying and global export...
FI Evening Grain Comments 05/22/22

FI Evening Grain Comments 05/22/22

PDF Attached   Early calls: Grains lower and soybean complex steady. Will need to monitor the USD, equities and WTI crude oil later this afternoon.  Those markets could have influence on soybean oil in turn spill over into soybeans.   Indonesia will now...
USDA Cattle on Feed and Chicken reports

USDA Cattle on Feed and Chicken reports

PDF’s attached   USDA Cattle on Feed was seen slightly supportive for corn feed demand and bearish for cattle based on higher than expected May 1 cattle on feed.     Terry Reilly Senior Commodity Analyst – Grain and Oilseeds Futures...