FI US Ethanol Snapshot 01/26/22

FI US Ethanol Snapshot 01/26/22

PDF attached   US weekly ethanol production decreased a more than expected 18,000 barrels (trade looking for down 10k) to 1.035 million. Ethanol stocks were up a much larger than expected 884,000 barrels (trade looking for 363,000 barrels higher) to 24.476...
FI Morning Grain Comments 01/26/22

FI Morning Grain Comments 01/26/22

PDF attached   Good morning.    US wheat futures are sharply lower on technical selling after rallying earlier this week. Corn is lower but a reversal in soybeans trimmed losses in corn.  USD is up 16 points, WTI crude oil $1.39 higher, and US...
FI Evening Grain Comments 01/25/22

FI Evening Grain Comments 01/25/22

PDF Attached   Another day of a volatile trade but tamer than that of yesterday. USD eased from session highs. Equities sold off, traded higher, then lower. WTI crude was up $1.95/barrel. Ukraine/Russian tensions are creating more speculation than warranted, in...
FI Morning Grain Comments 01/25/22

FI Morning Grain Comments 01/25/22

PDF attached   Good morning.    We are seeing ongoing volatility in outside markets. Equities are lower, WTI crude oil higher while the USD up about 28 points.  We see no major changes to the SA weather outlook. A mix of rain and sunshine will...
FI Evening Grain Comments 01/24/22

FI Evening Grain Comments 01/24/22

PDF Attached   Private exporters reported the following activity: 150,000 metric tons of corn for delivery to unknown destinations during the 2021/2022 marketing year 132,000 metric tons of soybeans for delivery to China.  Of the total, 66,000 metric tons is...