FI Evening Grain Comments 03/08/22

FI Evening Grain Comments 03/08/22

PDF Attached   Yo-yo trade from another headline trading session. Soybean complex was higher in part to strength in Brazil premiums. Chicago and KC wheat reached limit lower in the front non expiring months, only to rebound hard after Russia indicated they may...
FI Morning Grain Comments 03/08/22

FI Morning Grain Comments 03/08/22

PDF attached   Good morning.   Day 13.  This morning we are finally seeing some of these markets take a breather. USD is 16 lower, WTI up about $5.69 and equities mixed.  US wheat futures are mostly lower as May Chicago reversed after hitting a...
FI Evening Grain Comments 03/07/22

FI Evening Grain Comments 03/07/22

PDF Attached   WK settles @ limit up, per the CME exec order, WK will see expanded limits tomorrow 130 cents.  The usual rule of 2 months consecutive does not apply if WK settles limit up.  Full CME notice:...
FI Morning Grain Comments 03/07/22

FI Morning Grain Comments 03/07/22

PDF attached   Good morning.   Private exporters reported sales of 132,000 metric tons of soybeans for delivery to China. Of the total, 66,000 metric tons is for delivery during the 2021/2022 marketing year and 66,000 metric tons is for delivery during the...