FI Ag Commitment of Traders 06/23/23

FI Ag Commitment of Traders 06/23/23

PDF attached   Funds were again more long than expected for corn. They were less long than expected for soybeans, meal and soybean oil. For wheat, more short than expected. Index funds were active in corn adding 27,100 contracts.         ...
FI Evening Grain Comments 06/22/23

FI Evening Grain Comments 06/22/23

PDF Attached   Earlier it was a lower trade across the soybean complex and grains on improving US weather for the second week of the forecast and follow through selling in soybean oil. Wheat turned to trade mostly higher, perhaps on spreading against corn, short...
FI US Ethanol Snapshot 06/22/23

FI US Ethanol Snapshot 06/22/23

PDF attached.   US ethanol production increased 34,000 barrels to 1.052 million, the highest since December 9, 2022. Ethanol stocks increased 578,000 barrels to 22.804 million after they declined 722,000 barrels the previous week. For comparison, a Bloomberg poll...
FI Morning Grain Comments 06/22/23

FI Morning Grain Comments 06/22/23

PDF attached   Good morning.   WTI crude oil was down $1.57 earlier, USD up 6 points and equities lower. The Bank of England raised interest rates by a larger than expected half a percentage point. Lower trade across the soybean complex and grains on...