FI Morning Grain Comments 04/12/23

FI Morning Grain Comments 04/12/23

PDF attached   Good morning.   US CPI (M/M) Mar: 0.1% (est 0.2%; prev 0.4%) US CPI Ex Food and Energy (M/M) Mar: 0.4% (est 0.4%; prev 0.5%) US CPI (Y/Y) Mar: 5.0% (est 5.1%; prev 6.0%) US CPI Ex Food and Energy (Y/Y) Mar: 5.6% (est 5.6%; prev 5.5%) The CPI...
FI Grain Market Update 04/11/23

FI Grain Market Update 04/11/23

PDF attached   US soybean stocks 210 vs. 210 last month (0),  12 million vs. trade US corn stocks 1342 vs. 1342 last month (0),  23 million vs. trade US wheat stocks 598 vs. 568 last month (30),  24 million vs. trade   WLD soy stocks 100.3 vs....
FI snapshot for USDA S&D and full report 04/11/23

FI snapshot for USDA S&D and full report 04/11/23

2 PDF’s attached   A little puzzling post March 31 grain stocks that indicated some warranted changes to the residual categories for soybeans and corn, but USDA left both unchanged. Both US soybean and corn ending stocks were also left unchanged. All wheat...
FI Morning Grain Comments 04/11/23

FI Morning Grain Comments 04/11/23

PDF attached   Good morning.   USDA report day.  The USD is lower by 45 points, WTI crude 45 cents higher and US equities mixed. Soybeans are higher on positioning ahead of the USDA report. Reuters noted not much was initially sold by Argentina...
FI Evening Grain Comments 04/10/23

FI Evening Grain Comments 04/10/23

PDF Attached   Active trade today (options) despite many countries on holiday. The weather outlook for the US western Great Plains lifted KC type wheat higher (dry), lending support to Chicago and MN type wheat. Soybeans were mixed with bear spreading in focus....