FI Evening Grain Comments 02/16/23

FI Evening Grain Comments 02/16/23

PDF Attached   USDA reported private exporters reported sales of 128,000 metric tons of soybeans for delivery to unknown destinations during the 2022-23 marketing year.   Soybeans and soybean meal started lower but ended higher after fund selling dried. Lack...
FI Evening Grain Comments 02/15/23

FI Evening Grain Comments 02/15/23

PDF Attached   Private exporters reported sales of 213,370 metric tons of corn for delivery to Mexico during the 2022/2023 marketing year.   Soybeans, corn, and wheat traded lower on negative macro sentiment that pressure many outside commodity and US equity...
FI US Ethanol Snapshot 02/15/23

FI US Ethanol Snapshot 02/15/23

PDF attached   Weekly US ethanol production increased a more than expected 14,000 barrels to 1.014 million, highest in two weeks. Traders were looking for a 4,000-barrel increase.  US ethanol stocks increased a large 922,000 barrels to 25.339 million....
FI Morning Grain Comments 02/15/23

FI Morning Grain Comments 02/15/23

PDF attached   Good morning.   Private exporters reported sales of 213,370 metric tons of corn for delivery to Mexico during the 2022/2023 marketing year.   The USD was up sharply earlier this morning by 65 points, WTI 73 cents lower and US equities...
FI Evening Grain Comments 02/14/23

FI Evening Grain Comments 02/14/23

PDF Attached   Lower trade in soybean meal pressured soybeans. The reversal in meal/oil spreads did lift most SBO contracts higher. Corn ended mixed and Chicago wheat lower. Lack of direction and volatile outside commodity markets led to a choppy trade in US...