FI Morning Grain Comments 11/26/21

FI Morning Grain Comments 11/26/21

PDF attached   Good morning   Today is a hard open and shortened session. https://www.cmegroup.com/tools-information/holiday-calendar.html  Due to the Federal holiday on Thursday, November 25, the weekly Commitments of Traders report will be released on...
FI Weekly USDA Export Sales Snapshot 11/26/21

FI Weekly USDA Export Sales Snapshot 11/26/21

PDF attached   USDA export sales were good all around.   Opening Calls: Soybeans 15-25 lower Soybean meal $4-$7 lower Soybean oil 75-125 points lower Corn 6-10 lower Wheat 10-20 cents lower bias Chicago to the downside   The US equity markets are...
FI US Ethanol Snapshot 11/24/21

FI US Ethanol Snapshot 11/24/21

PDF attached   Weekly US ethanol production was up a large 19,000 barrels to 1.079 million from the previous week, highest in a month, and stocks increased 83,000 barrels to 20.164 million. A Bloomberg poll looked for weekly US ethanol production to be up 5,000...
FI Morning Grain Comments 11/24/21

FI Morning Grain Comments 11/24/21

PDF attached   Good morning   CBOT agriculture trading will be closed tonight and during the day Thursday for US Thanksgiving holiday. Friday is a hard open and shortened session. Look for positioning today, and volume to be on the lighter side. The is up...
FI Evening Grain Comments 11/23/21

FI Evening Grain Comments 11/23/21

PDF Attached   Attached are our world stocks, use and STU % graphs.   Yo-yo session in grains today while soybeans stayed lower on weakness in meal and improving SA weather. SBO rallied. Egypt seeks vegetable oils on Thursday. Australian wheat quality...