FI Evening Grain Comments 01/06/21

FI Evening Grain Comments 01/06/21

PDF Attached   Under the USDA 24-hour reporting system, private exporters sold 102,616 tons of corn to unknown.  We are eyeing $14.50 soybeans, $5.25 corn, and now $7.00 wheat.    CME Margin Changes per Reuters: CME RAISES WHEAT FUTURES (W)...
FI Evening Grain Comments 01/05/21

FI Evening Grain Comments 01/05/21

PDF Attached   The rally today in the US agriculture markets were sparked by an initial weaker USD, ongoing SA weather concerns, followed by indications Argentina’s trade problems have a long way to go for resolution.  Articles circulated that hinted...
FI Evening Grain Comments 12/31/20

FI Evening Grain Comments 12/31/20

PDF Attached     Happy New Year!    CME margin announcement.  Soybeans, corn, Chicago & KC wheat and soybean oil increase.  The rates will be effective after the close of business on January 04, 2021....
FI Evening Grain Comments 12/29/20

FI Evening Grain Comments 12/29/20

PDF Attached   Wednesday is position day for CBOT January deliveries, FND is Thursday.  We raised most of our projected price ranges for corn and soybeans.  Attached is our updated US 2021-22 wheat by class supply estimates.  USDA export sales...