FI US Ethanol Snapshot 12/22/21

FI US Ethanol Snapshot 12/22/21

PDF attached   Weekly US ethanol production fell a large 36,000 barrels per day to 1.051 million (trade was looking for a 1000 decline) from the previous week and stocks were off 178,000 barrels to 20.705 million (trade was looking for a 168,000-barrel increase)....
FI Morning Grain Comments 12/22/21

FI Morning Grain Comments 12/22/21

PDF attached   Good morning   Corn, soybeans, soybean meal ,and soybean oil are higher this morning from ongoing South American weather concerns. Yesterday the Local Parana (Brazil) AgMin reported soybean conditions are lower for the third consecutive...
FI Morning Grain Comments 12/21/21

FI Morning Grain Comments 12/21/21

PDF attached   Good morning   USD is lower. Grains are mixed. Soybeans are mixed in part to a recovery in palm oil overnight which supported soybean oil, and a reversal in WTI crude oil to the upside. Black Sea supplies are growing (wheat and corn). Global...
FI Evening Grain Comments 12/20/21

FI Evening Grain Comments 12/20/21

PDF Attached includes updated SST’s   Since Friday’s Settlement   In a mainly outside commodity outside session, we saw a quiet day for the CBOT agriculture markets as fund activity speaks for itself. Funds added 4,000 net long soybeans, 1,000 Chicago wheat,...