GRAINS INSPECTED AND/OR WEIGHED FOR EXPORT 01/03/22

GRAINS INSPECTED AND/OR WEIGHED FOR EXPORT 01/03/22

PDF attached   China took 748,871 tons of soybeans and only a cargo of corn. Soybean inspections were lowest since late September. Big upward revision to corn for the previous weeks. Soybeans were also upward revised.   USDA inspections versus Reuters trade...
FI Evening Grain Comments 12/31/21

FI Evening Grain Comments 12/31/21

PDF Attached   Happy New Year!   A sharply lower USD supported soybean prices. Soybean oil gain on meal and corn traded two-sided as wheat prices were lower.   Due to the Federal holiday observed on Friday, December 31, the weekly Commitments of Traders...
FI Morning Grain Comments 12/31/21

FI Morning Grain Comments 12/31/21

PDF attached   Good morning and Happy New Year!   As we close out a turbulent year, CBOT prices are mixed. WTI is about $1.40 lower, USD 7 points lower and US equities mostly lower. The morning weather models show improvement from that of yesterday for the...
FI Evening Grain Comments 12/30/21

FI Evening Grain Comments 12/30/21

PDF Attached   Lower trade on less threatening SA weather. Midday models were wetter for Brazil, bias late in the first week into the second week of the forecast. USDA export sales mostly fell short of expectations. Brazil will see improving rains across the...
FI Morning Grain Comments 12/30/21

FI Morning Grain Comments 12/30/21

PDF attached   Good morning   USD is higher, WTI crude down about 27 cents and US equities higher.  USDA export sales mostly fell short of expectations. News this morning is extremely thin. As we close out 2021, some traders are booking long profits....