FI Morning Grain Comments 03/14/23

FI Morning Grain Comments 03/14/23

PDF attached   Good morning.   Private exporters reported sales of 612,000 tons of corn for delivery to China during the 2022-23 marketing year. The soybean complex is mixed with meal leading soybeans lower and soybean oil higher from a reversal in oil share...
FI Evening Grain Comments 03/13/13

FI Evening Grain Comments 03/13/13

PDF Attached     Headline trading in a fragile market. Perhaps we are no different, or the US Fed takes a pause from raising interest rates, only to go north later. Lower soybean complex market. Weakness in soybeans prompted spreading in corn, which ended...
FI Morning Grain Comments 03/13/23

FI Morning Grain Comments 03/13/23

PDF attached   Good morning.   Lower ag overnight trade before a rebound in grain prices at the start of the day session. Black Sea grain export deal talks started today in Geneva between U.N. officials and Russian Deputy Foreign Minister Sergei Vershinin....
FI Evening Grain Comments 03/10/23

FI Evening Grain Comments 03/10/23

PDF Attached   Soybean meal net longs hit a record as of Feb 21.   Note most US time zones change clocks over the weekend (spring forward).  US Jobs report sent the USD lower. WTI crude oil rallied, and US stocks were down by 1:15 pm CT. The collapse of...