FI Grain Market Update 03/31/22

FI Grain Market Update 03/31/22

PDF attached   USDA released their March Prospective Plantings and March 1 Grain Stocks reports   Reaction: Bearish soybeans, supportive for corn and wheat.   USDA NASS briefing https://www.nass.usda.gov/Newsroom/Executive_Briefings/2022/03-31-2022.pdf...
US Acreage table and charts + USDA NASS Briefing

US Acreage table and charts + USDA NASS Briefing

Attached is our US acreage table and charts. Looks like some corn acres were robbed from other commodities, including cotton and tobacco.  Below is our corn, soybean and wheat supply estimates.  Combined corn and soybean acres were slightly below last years...
FI Morning Grain Comments 03/31/22

FI Morning Grain Comments 03/31/22

PDF attached   Good morning.   Mixed to higher trade in CBOT agriculture futures pre-USDA reports. Estimates are below and attached. The wide ranges in stocks and acreage projections suggest a potential volatile trade when the numbers are released. Corn...
FI Weekly USDA Export Sales Snapshot 03/31/22

FI Weekly USDA Export Sales Snapshot 03/31/22

PDF attached   USDA Export Sales Poor export sales posted for corn, wheat, and soybean meal, at least on a combined crop year basis. Old crop soybeans and old crop soybean oil were ok. 1.3 million tons were posted for old crop soybeans that included China...