FI Evening Grain Comments 01/19/22

FI Evening Grain Comments 01/19/22

PDF Attached   Today’s market was dominated by hot and dry early February forecast for South America and the Russia/Ukraine tensions for wheat.  President Joe Biden held a press conference after the close which discussed Russia’s buildup on the border of...
FI Evening Grain Comments 01/18/22

FI Evening Grain Comments 01/18/22

PDF Attached   Weather   World Weather Inc. WEATHER EVENTS AND FEATURES TO WATCH Welcome rain fell in Argentina during the weekend The precipitation was erratic, but most significant from the northeast half of Buenos Aires and Entre Rios through central and...
FI PDF for December US NOPA crush

FI PDF for December US NOPA crush

Attached   Crush was better than expected and SBO stocks reported 139 million pounds above a Reuters trade average despite the yield slightly dropping to 11.75 pounds per bushel.  We see this report bearish for SBO and supportive for soybeans.  The...
FI Evening Grain Comments 01/14/22

FI Evening Grain Comments 01/14/22

PDF Attached   The US will be on holiday Monday. CBOT agriculture markets will open Monday night.    South American weather and positioning ahead of the US holiday weekend dominated market action. The midday weather models turned little drier for...