FI Weekly USDA Export Sales Snapshot 11/26/21

FI Weekly USDA Export Sales Snapshot 11/26/21

PDF attached   USDA export sales were good all around.   Opening Calls: Soybeans 15-25 lower Soybean meal $4-$7 lower Soybean oil 75-125 points lower Corn 6-10 lower Wheat 10-20 cents lower bias Chicago to the downside   The US equity markets are...
FI US Ethanol Snapshot 11/24/21

FI US Ethanol Snapshot 11/24/21

PDF attached   Weekly US ethanol production was up a large 19,000 barrels to 1.079 million from the previous week, highest in a month, and stocks increased 83,000 barrels to 20.164 million. A Bloomberg poll looked for weekly US ethanol production to be up 5,000...
FI Morning Grain Comments 11/24/21

FI Morning Grain Comments 11/24/21

PDF attached   Good morning   CBOT agriculture trading will be closed tonight and during the day Thursday for US Thanksgiving holiday. Friday is a hard open and shortened session. Look for positioning today, and volume to be on the lighter side. The is up...
FI Evening Grain Comments 11/23/21

FI Evening Grain Comments 11/23/21

PDF Attached   Attached are our world stocks, use and STU % graphs.   Yo-yo session in grains today while soybeans stayed lower on weakness in meal and improving SA weather. SBO rallied. Egypt seeks vegetable oils on Thursday. Australian wheat quality...
FI Morning Grain Comments 11/23/21

FI Morning Grain Comments 11/23/21

PDF attached   Good morning   USD turned lower and WTI is lower. US equity indexes are mixed. March Paris wheat hit a fresh contract high. US wheat futures are lower for Chicago, mostly lower for Minneapolis, and KC turned mixed. USDA reported a decline in...