FI Morning Grain Comments 03/07/23

FI Morning Grain Comments 03/07/23

PDF attached   Good morning   There were no 24-hour USDA sales this morning. USD is higher by 27 points and WTI crude oil 39 cents lower. Soybeans and soybean oil are lower on light fund selling and weakness in palm oil futures. Meal is slightly higher but...
FI Evening Grain Comments 03/06/23

FI Evening Grain Comments 03/06/23

PDF Attached, not much to write about   USDA 24-H: Export Sales to Japan and Unknown Destinations…Private exporters reported the following sales activity: -110,000 metric tons of corn for delivery to Japan during the 2022-23 marketing year -182,400 metric...
FI Morning Grain Comments 03/06/23

FI Morning Grain Comments 03/06/23

PDF attached   Good morning. News is thin.   USDA 24-H: Export Sales to Japan and Unknown Destinations…Private exporters reported the following sales activity: -110,000 metric tons of corn for delivery to Japan during the 2022-23 marketing year...
FI Evening Grain Comments 03/03/23

FI Evening Grain Comments 03/03/23

PDF attached     Soybean futures and soybean meal ended Friday on a strong note but for the week were mixed by a slight amount. Soybean oil for the day was lower on spreading. Higher energy and palm prices did little to stop the selling in SBO. Corn rallied...
FI Morning Grain Comments 03/03/23

FI Morning Grain Comments 03/03/23

PDF attached   Good morning.   WTI crude oil was $1.92 lower earlier, USD 35 points lower and US equities higher. CBOT soybeans and soybean meal are higher on follow through buying amid Argentina production concerns. Soybean oil is lower from product...