FI Morning Grain Comments 03/22/22

FI Morning Grain Comments 03/22/22

PDF attached   Good morning.   USDA reported under their 24-hour reporting system 240,000 tons of soybeans for delivery to unknown for 2021-22 delivery.   Light new day as we await some export developments. Prices softened into the electronic close....
FI Evening Grain Comments 03/21/22

FI Evening Grain Comments 03/21/22

PDF Attached   Day 27. Impressive strong start to the week for the US agriculture markets on good global wheat demand and Argentina tax developments. The USD was up about 25 points as of 4:00 pm CT, WTI crude oil over $7.50 higher and equities mixed.   CBOT...
FI Evening Grain Comments 03/18/22

FI Evening Grain Comments 03/18/22

PDF Attached   Day 23. USD was higher and WTI higher. Grains were mixed with spot positions mainly lower with exception of meal up on a reversal in product spreading.     Weather     World Weather Inc. WEATHER EVENTS AND FEATURES TO WATCH Rain...
FI Ag Commitment of Traders 03/18/22

FI Ag Commitment of Traders 03/18/22

PDF attached   Combined soybeans, meal, oil, corn, Chicago wheat and KC wheat managed money futures and options net long positions were a record at 803,110 net long contracts.   Combined soybeans, meal, oil, corn, Chicago wheat and KC wheat net long Index...
FI Morning Grain Comments 03/18/22

FI Morning Grain Comments 03/18/22

PDF attached   Good morning.   Day 23. USD is higher this morning and WTI higher. Grains are lower on light selling while soybeans are catching a bid on Argentina product export concerns. Uncertainty over the Ukraine/Russia situation may keep some traders...