FI Evening Grain Comments 03/15/23

FI Evening Grain Comments 03/15/23

PDF Attached   NOPA’s US crush was seen slightly supportive for soybean oil and neutral for soybeans and meal. USDA: Private exporters reported sales of 667,000 metric tons of corn for delivery to China during the 2022/2023 marketing year. Negative...
FI US Ethanol Snapshot 03/15/23

FI US Ethanol Snapshot 03/15/23

PDF attached   Weekly US ethanol production increased a less than expected 4,000 barrels per day and stocks increased a large 1.074 million. For comparison, a Bloomberg poll looked for weekly US ethanol production to be up 10,000 thousand and stocks up 58,000...
FI Morning Grain Comments 03/15/23

FI Morning Grain Comments 03/15/23

PDF attached   Good morning.   EIA ethanol and NOPA crush are due out today. USDA: Private exporters reported sales of 667,000 metric tons of corn for delivery to China during the 2022/2023 marketing year.   Negative financial headlines are sending...
FI Evening Grain Comments 03/14/23

FI Evening Grain Comments 03/14/23

PDF Attached   Attached is our US acreage table. CFTC Commitment of Traders as of February 28 showed a huge net long reduction in corn. Private exporters reported sales of 612,000 tons of corn for delivery to China during the 2022-23 marketing year. Choppy trade...
FI Ag Commitment of Traders 03/14/23

FI Ag Commitment of Traders 03/14/23

PDF attached   CFTC Commitment of Traders as of February 28 Huge net long reduction in corn was posted this week. We will monitor the website if there is a correction. Corn saw a large crop in open interest. Funds for soybean meal did not post a new net record...