FI snapshot for USDA

FI snapshot for USDA

FI Snapshot and USDA S&D attached   Bearish wheat, neutral to slightly negative soybeans, and slightly supportive corn.    World wheat changes don’t seem to fully reflect Black Sea problems.  They lowered Ukraine and Russian wheat...
USDA Headlines

USDA Headlines

USDA S&D attached     US soybean stocks 285 vs. 325 last month (-40),  7 million vs. trade US corn stocks 1440 vs. 1540 last month (-100),  -39 million vs. trade US wheat stocks 653 vs. 648 last month (5),  25 million vs. trade   WLD...
FI US Ethanol Snapshot 03/09/22

FI US Ethanol Snapshot 03/09/22

PDF attached   Weekly ethanol production increased 31,000 barrels per day to 1.028 million, highest since late January and well above a Bloomberg trade average of 1.003 million. Ethanol stocks increased 338,000 barrels to 25.272 million (trade was looking for...
FI Morning Grain Comments 03/09/22

FI Morning Grain Comments 03/09/22

PDF attached   Good morning.   Private exporters reported the following activity: -100,000 metric tons of corn for delivery to Colombia during the 2021/2022 marketing year -20,000 metric tons of soybean oil for delivery to unknown destinations during the...
Foreign Agriculture Market Guidance 03/09/22

Foreign Agriculture Market Guidance 03/09/22

File(s) attached include China CASDE, USDA report snapshot, FI export sales estimate   Good morning.  USDA estimates below.   Day 14.  USD was down 63 points and WTI off $4.20 at the time this was written. US equities are higher. The US is looking...