FI Morning Grain Comments 03/10/23

FI Morning Grain Comments 03/10/23

PDF attached   Good morning.   US Jobs report sent the USD lower, trimmed losses for WTI crude oil and underpinned US equities. Look for positioning today ahead of the weekend. Grains are a little higher, soybeans lower, meal lower and SBO rebounding from...
FI Morning Grain Comments 03/09/23

FI Morning Grain Comments 03/09/23

PDF attached   Good morning.   Private exporters reported sales of 184,000 metric tons of soybeans for delivery to unknown destinations during the 2022/2023 marketing year.   WTI crude oil turned higher, USD lower, and US equities rebounded. USDA export...
FI Weekly USDA Export Sales Snapshot 03/09/23

FI Weekly USDA Export Sales Snapshot 03/09/23

PDF attached   USDA reported a net reduction of 23,200 tons for 2022-23 soybeans and 172,300-ton increase for new-crop sales for the week ending March 2. 2022-23 soybean sales included many switching around for several countries and a net reduction for unknow of...
FI Evening Grain Comments 03/08/23

FI Evening Grain Comments 03/08/23

PDF Attached   USDA report day.   US equities are higher this morning after selling off hard Tuesday after the Fed indicated US rates could go higher. The USD is higher and WTI crude oil lower. There were several ag import tenders overnight, not surprising...